Aussie-Dollar is on a bullish run. Pennant Pattern on the 15 mintue. Waiting for price to break above both structures on the small time. Price hitting both 50.0% and 61.8% on the Fib. Bat Harmonic Pattern on the daily. **Update coming soon**
deep price actyion, manage rr ! goodluck
US500 is made out of top 500 companies in the US. from corona crisis almost every company made losses.... everyone is asking why is it stil going higher and higher.. wel that is because the top 5 companies made so much profit even more then the 495 other ccompanies...
It created an impulse move, which might cause a reversal on the zone it's trading in, if it breaks below the 0.7 zone we'll be looking for it to consolidate gaining enough momentum for a bearish move
if it breaks above the resistance we will wait for a continuation pattern to form then we continue bullish, till the indicated resistance above current trading resistance
well that sucked, marked this one out
didn't check the charts for a while and come back to check the set up and this happened. that's trading you win some you loose some, and some you just miss
anyone catch this?