Double top formed on price, price broke neckline and retested entering short looks good
price is in a rising channel, a lot of engulfing formations have formed which indicate downward movement, price keeps going up the long wick at the top candle may be a reversal sign along with the following engulfing candle if price breaks channel to the downside i expect to see further downward movement
price has recently broke weekly level turning it into support, if price is retesting the level and will bounce, i expect to see further bullish movement if it breaks the level, we may see bearish movement further down
Triangle formed on this pair with a bullish impulse if price breaks to the upside as expected, a small retest from the 78.6% level, to the trendline is possible before going up price has consolidated before at monthly support zone appropriate stops below 50.0%, support gives more protection price has bounced off of 38.2%, 50.0% and 61.8% which indicates that we...
Crude oil short setup 2H TF downtrend line Target 53,12
1 flag/phaseline has formed already possible 2nd flag/phaseline is forming for confirmation price is currently indecisive further bullish moves expected if 2nd pattern forms