Price is testing our first resistance where we could see a reversal below this level. Ichimoku cloud is showing signs of bearish pressure as well.
good for sell if the price breaks the support line or retests the blue trend
This is a very small trade in terms of pips however the potential percentage is huge. There is an inefficiency shown on my analysis and this must be filled before pushing down from this head and shoulders formation. There are many ways you can incorporate multiple styles together. Using "smart money" with standard chart patterns and fibonacci can be a great...
Hello Fam! The uptrend we caught after falling wedge breakout can be continued if we also break the horizontal resistance. It's also a good entry for long. Good luck to you! If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Bearish market open and pressure below main sr level. 4 HOUR Prices broke back into our trend following midterm. DAILY Overall bullish market at its lows, good long entries! - FOREX SWING BUY AUDCAD ENTRY LEVEL @ 0.95570 SL @ 0.95130 TP @ 0.96240 Max Risk. 0.5% - 1%! (Remember to add a few pips to all...
Head and Shoulder pattern indicates trend reversal. Safe entry would be the break and retest of the neckline indicated on the chart
Head and Shoulder pattern indicates trend reversal. Safe entry would be the break and retest of the neckline indicated on the chart
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Bearish movement occurred on AUDCAD Pair after forming 3 drive bearish pattern Price rebounded from overbought region It's expected for coming correction to target first key level at 0.9430 then finally target demand zone at level 0.9280
Every retest did nicely, so I don't think anything prevents it from going higher high.