GBP-USD Forex pair is moving in a bullish direction and making a nice cup and handle pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a LONG TRADE opportunity over one hour time frame. Projected Price is given in dashed line.
GOLD ( XAU-USD ) is showing a bullish move and making a nice BULLISH RECTANGLE CONTINUATION PATTERN. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a LONG TRADE opportunity over half hour time frame. Projected Price is given in dashed line.
AUD-USD Forex pair is moving in a bullish direction and making a nice cup and handle pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a LONG TRADE opportunity half hour time frame. Projected Price is given in dashed line.
GBP-CHF Forex pair is moving in a bearish direction and making a Bearish flag Pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a SHORT TRADE opportunity over half hour time frame. Projected Price is given in dashed line.
GBP-AUD Forex pair is moving in a bullish direction and making a Bullish Rectangle Pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a LONG TRADE opportunity over one hour time frame. Projected Price is given in dashed line.
Its showing inverse cup and handle pattern so we set sell stop according to trade plan given below Inverse Cup & handle Entry Price/Sell Stop: 97.572 Stop Loss: 98.388 TP1: 96.705 TP2:95.889 Risk Reward: 1:1
Goodday traders, Price grabbed the first BSL targets mentioned in post before. Price grabbed it in Londen key timing session. Im now looking for a continuation setup for the NY session and grab the equal Highs liquidity as target. Entry based on 5 MIN Bullish OB and an optimal trade entry from the swing that made the Break of the old highs. Also in discount off...
I'm already holding GBPAUD short but it seems like a good opportunity to invest more has come up. There is a broken demand zone that may be used as a flip as price comes up to trigger some buy stops at the high points of the last few H4 candles. The potential reward would be worth the risk so I'll put in a pending order to go short at the m30 flipzone.
GJ waiting for another failed high at resistance, could enter now with larger risk but I want to see another failed high first, if so will give us a tighter stop + stronger confirmation.
1. Main trend is making HH and HL, but market is sideways now. 2. S&R with max significance. 3. Trend lines are properly visible. 4. Bullish Flag Continuous Pattern is there. 5. Fibonacci Retracement at 23% having significance. 6. No Divergence found.
On EURGBP, there is a presence of a bearish continuation pattern
Lockheed Martin Corporation Shortterm - We look to Buy at 423.15 (stop at 403.98) Price action looks to be forming a bullish flag/pennant. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Further upside is expected although we prefer to buy into dips close to...
Price consolidating between support and resistance. The pound is weak currently, so expecting to see a break out of the support line to continue the bearish movement we have been seeing.
Did a seeming continuation pattern for homework of FMI (Forex Mastery Institute).
EURCAD “Rising Wedge Pattern” = Bearish Continuation Pattern
TSLA did not break below 914 on the sell-off today...hmm IF...IF...if SPY does Gap & Go tomorrow morning it will creates a short-squeeze in order to get above 200ma on 8/17/2022 we MAY see an Impulsive Gap & GO - for TSLA to begin its final leg of this rally~ This will also support the Cup & Handle on Macro Charts -Target of the .0786 as the possible final...
Technical Analysis (TA) Rejection of upward momentum with weekly and monthly charts looking overbought. Continuation play to 123 is still set-up. Re-entry or entry zone is 132. Price Target Entry: 132 Target 1: 127 Target 2: 123
Hi everyone, Yesterday I have analyzed where I talked about how it will react from the last major resistance (which it did), the link is down below. Today, we have lost all the bullish momentum that we got yesterday, and it is normal that this happens. Why? Because usually retail traders get in on this candle, we broke a resistance and we are retesting it as a...