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Jan 30, 2019 12:34 PM

GER30 15MIN BULLISH CYCLE Long

Germany 30OANDA

Description

ON THE 15MIN TIMEFRAME WERE CURRENTLY IN LEVEL TWO CONSOLIDATION. MEANING WE STILL HAVE ONE PUSH INTO LEVEL THREE CONSOLIDATION TO START THE 15MIN BEARISH CYCLE. THAT PUSH INTO LEVEL 3 USUALLY GIVES YOU THREE IMPLUSES WHICH IS DISPLAYED ON MY CHART. IT CAN BE VARIATIONS ON THE THEME BUT THAT'S WHAT USUALLY HAPPENS. THEN IN LEVEL THREE YOU WILL GET CHOPPY MOVEMENT AND A HEAD&SHOULDERS PATTERN OR DOUBLE TOP SHOULD PRESENT IT SELF TO CONFIRM THE LEVEL.
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