TheGreatestMarketAnalyst

TheGreatestMarketAnalyst

kinda confused by trendline analysis here.

TheGreatestMarketAnalyst

My analysis update for EURUSD monthly.

TheGreatestMarketAnalyst

The bearish trendline is broken, Im expecting those red candles to end anyday now and we get a reversal to being bullish towards the D leg completion. I have spotted a bearish gartley in this and another confirmation is the overall trend is bullish.

TheGreatestMarketAnalyst Updated 

The trendline has been broken out, normally after the trendline breaks/ support gets broken, we expect a retracement then change of the trend direection. Same thing here, it did not touch the trendline for retracement but the pinbar candle signals a trend reversal.

TheGreatestMarketAnalyst

Im not entirely sure here as I am struggling with the fib tool in this platform but as drawn, I see a potential bullish gartley or butterfly. It looks legit though looking at the recent weekly chart analysis I did which reflects the entry as market here, on weekly its a perfect entry point for trading the pin bar. Here the same serves as entry and as the neckline....

TheGreatestMarketAnalyst

The market has formed a rather strong support and resistance along this channel. Since it is a channel, we have no clue where it could break and take direction to. I have spotted a pin bar candle stick formed up right on the resistance, this is a good sign to expect the reversal of the trend from bulls to bears. On smaller time frames I have yet another conviction...

TheGreatestMarketAnalyst

We are waiting for the market to break this resistance, Once its broken, its a nice entry also for the H4 bearish gartley we saw.

TheGreatestMarketAnalyst

Gartley pattern with marked entries and stop loss.

TheGreatestMarketAnalyst

Im searching for more confirmations here, I see the bearish gartley here, you either ride the D leg up with the buy or you wait to sell when that D hits(no pun intended). But Im really looking for more confirmations for this pair.

TheGreatestMarketAnalyst

Trendline breakout applied in here.

TheGreatestMarketAnalyst

Im just adding trendlines analysis. Check the recent idea I posted

TheGreatestMarketAnalyst

Im currently getting used to the study of candle sticks and they're so good fam, you can actually use them for your trading life. So here we see first the pin bar candle which rejected the bearish price action, then we set our entries and the SL as that Ive marked. The next confirmation is the spinning tops candle. Also, being not ignorant of the fact that there...

TheGreatestMarketAnalyst

Anticipating a double bottom to form as the neckline hopefully will get broken, which will also be confirmed secondly by the break of the trendline. The market points are assumed entry, sl, and tp areas. USD pairs are bullish at the moment, Im quite confident about this one too.

TheGreatestMarketAnalyst

The pin bar price action reversal pattern shows that the particular price level was rejected. The indicated bars are a good representation of a pin bar formation. As you already should be aware that although we have all this information, the market still may not obey the rules we set, so at the red highlighted candle, it wasnt a succesful pinbar. Here is how you...

TheGreatestMarketAnalyst

There seems to be the 5 leg triangle forming in this pair, we are however confident of the current sell/short position looking at the monthly chart we have a confirmation candle confirming that reversal. I am unsure yet about labeling the triangle, feel free to advise.

TheGreatestMarketAnalyst

We have the inverse King's Crown forming on this pair. This was a bearish market, meaning we had lower highs and lower lows , making a downtrend. The trendline got broken and that already indicated the change in the direction of the trend. Next thing the resistance was also broken just after the trendline got tested. We now aim to long the market applying the...

TheGreatestMarketAnalyst

If youve been following my analysis on this pair, our sell entry spotted a couple of months ago is still in profit. However, we are having a young completion of the right shoulder forming this time around. Atleast by the end of September we should have reached the indicated/market gap area, God being our ultimate guide, we will make it out of this one safer and...

TheGreatestMarketAnalyst

TRIANGLE