Long-term outlook = Potential Head and Shoulder formin for mid-term swing short positions. Short-term outlook = Falling channel = Long opportunities. Target - 90% rule Disclaimer: For educational purposes only.
After Analysing this USDJPY pair a see a strong down ward trend But the Market have to start by Responding / Respecting our 90% Rule the it will definitely go down Tell me what you think Comment ,share , like ,, subscribe ❤️
I'll be making 7%+ plus on this setup should price close with a full H4 candle and a mini correction print on the H1
Patterns are the most accurate form of trading. So clean and comprehensive. Falcon strategy
Solana follows BTC as many other tokens do. My analysis on BTC is congruent with this.
BTC obviously on a downtrend as shown by the descending channel. We've had a minimum of two(2) touches from the highs and the lows respectively. Price looks good for a buy as it approaches the highs for a touch one more time to complete the falcon pattern(three touches) before selling off as three touches have the highest probability.
We see patterns within patterns. The large pattern serves as the parent pattern while the patterns within it are the corrective structures which signals a huge sell off all the way to the 90% rule.
Gold approaches a vital point where the hedge funds tend to get retail the traders on the wrong side of the market by breaking the highs or lows (high in this case) and then move price back into the structure to complete their agenda. In falcon strategy, we have a way to filter such scenerios. A high or a low is consider broken only if a correction comes above or...
Overall descending channel. Price gave us a third touch on the supporting trendline of the pattern, moved to with an impulse to the upside and gave us a continuation pattern (correction) to signal a buy entry. In falcon, price moves in two forms: impulse & correction. We had our first impulse and correction so we're now expecting another impulse to the upside.
Descending channel(chart pattern) indicating a downward trend on the H1.
EURUSD has made a bullish triangle pattern, it will continue buying till the resistance point, 1.01515.
USDZAR has been moving to the upside in a corrective manner and finally reached our 60% fibonnacci level. USDZAR has been correcting to the upside with a rising channel and our second touch we go a double top which is an overide of the third touch we were expecting. Entry; wait for an impulsive push outside lower timeframe ascending wedge and look for a...