BMTRADING
Long

POSSIBLE H&S PATTERN ON WEEKLY?

FX:EURAUD   Euro Fx/Australian Dollar
22 0 1
ENTERING THIS ON DAILY AS SOON PRICE ACTION ALLOWS. HIGHER LOWS AND HIGHS AND I'M GOING LONG. BULLISH MOVEMENT ON LOWER TFS INDICATE BUYERS ARE TRYING TO TAKE BACK CONTROL. EXHAUSTION CANDLE ON WEEKLY ALSO CAN INDICATE PERMANENT UPWARDS MOVEMENT.

THE CONS OF THIS TRADE IS THAT DEMAND ZONE TREND IS CURRENTLY SITTING ON IS HIGHLY WEAK DUE TO THE MANY PRICE TESTS AND COULD WEAKEN AND DROP TREND.

GOOD LUCK.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out