false breakout at resistance waiting to confirm try to scalp the pullback to previous level
the inverted head and shoulders is huge a symetric triangle is building as the complex pullback pullack is confirmed to complete when the downward trendline is broken targets for the all-time high for huge profit stop loss at previous swing low in the pullback
Fib retracement over 0.618 suggests it could be a new trend V-shape rebound not too ideal, but could be considered as a giant cup the handle is an upper triangle, an ideal pattern target for all-time high if breakout successfully risk-reward ratio is over 3
A beautiful downward triangle has formed. A great opportunity to enter a high risk-reward trade if breakout successfully. Adding FOMC meeting on Wednesday. FX:USDJPY
If it breaks at 1700, targets at 1610 for a 2.5 risk-reward trade.
I drew the trend out on the week chart and discovered a textbook ascending triangle formation. Price double tapped support and has already begun to trend upwards so we are going to ride price up to the top of the triangle.
TVC:US10Y beware negative interest rate is not impossible stay tuned of FOMC meeting tonight if resistance is broken, target for 142
HSI future forms a wedge making me bias to bearish. Today, it breakouts the previous swing high, EMA50, and a mid-term downward trendline, and immediately drops below, expecting to close as a pinbar. A classic false breakout setting with 5 conflence factors (also considering the fib retracement, and the long-term resistance). A 2.5 risk-reward trade will be enter...
I'm expecting price to bounce off of this diagonal support zone and go into a buy. However in order to get a more precise entry on the H1 I set the entry to the original lowest wick rejection of the support zone.
A good entry point in a buying opportunity in point 1.08328, after the break of a swing high with a reversal point
In this analysis, we suggest carrying out a purchase transaction in point 101116.453, since the price is in a very specific channel, precede by a breakout of a crucial turning point in the graph.
Price Range: This range has attracted buyers, one again price was entered into this attraction, and buyers were seen active. Buyers lost their control against sellers and price was pushed down with average volume. Invalid Diji / Suspicious Alarm : Compare to surrounding 3 candles volume, Doji has an extremely low volume that indicates suspicious...
Major trend in going down. I won't go against the trend. Wait for retracement and SHORT and here come the retracement. At this minor retracement, I'm waiting for buyer to fade out. Now looks like buyer is exhausting. Pending order placed. Let's see,
CAD is relatively weak today, and JPY is very strong, we are looking to SHORT this pair, however buyer are still in the market. In order to SHORT, we will let the buyer to finish his part first.
A quick look at price areas where BTCUSD has been ranging over the last 9 months or so reveal some interesting findings. Firstly, there are 3 quite clearly defined areas where the price is ranging from high to low within the range, this can represent some good trading opportunities straight away if you like to trade chop like this - we don't trade this way...
I am not going to write here in Pages. Let's move the strength topic. This is " Price Action with Volume theory ". Relation of Congestion vs. Volume examination: Herein, 4 CONGESTION found throughout VOLUME declined. 5th Congestion expected because of weekly candle gooing to closed today with both sides of the legs. All the Congestion has low volume and...
gbp/usd awaiting confirmation... Multiple time frames always help you get a better understanding of where price is heading. History tends to repeat itself as they say.
It's time for a monster sell on FX:USDJPY ! Even as I write the thing just keeps going down faster than I can get the idea published! As highlighted: big head & shoulders pattern that coincides with the top of the down parallel channel. And price is loitering in a liquidity zone / resistance area. I'm expecting this to go down to the very bottom (blue line)....