We enter a key support and resistance zone,we also find a inverted hammer at the end of a upwards trend signalling a sell. we get a confirmation as we see another bearish candle. analasys done on H1
We enter a key support and resistance area. In this area we see a inverted hammer at the end of an upward trend signalling a downward trend. We also get confirmation as there is another bearish candle. this analasys was done on H1.
possible swing entry for GJ. Im in the position on the chart not looking for too many pips. will stay in if PA looks good
To complete the C part of pattern, wait for good price action indication of reversal looks like it will push up to around that C level later today from this mornings NY push could be a great scalp/swing trade also could be a wedge forming
Oil in long term down trend since October, tested and respected the trend line 4h inside bar and hanging man I would expect it to come to 52.2 area and make higher low if starting new trend if not come down to 50.7 area of strong support
wait for the first bearish engulfing candle after bouncind off the zone and then go short!
expecting USDJPY to make a final push up and respect the downtrend that has started to form in the long term. touch of descending trend line and then move back down.
Price reversed from weekly support and broke out of midterm descending trendline and resistance zone. Price has the potential to retest the broken resistance level that is lined up with 50.0 Fib ratio and moving averages as support to make an upside continuation move to the weekly descending trendline & resistance zone. Considering that the correction has...
looking at price to break this uptrend and retrace back to at least the previous low. price is pretty exhausted .685 area and we are seeing it lose steam with some pinbar closes.
price is dropping below the support on the bear flag... looking for another sell off. Personal bias is sell especially with Brexit in turmoil.
ive only ever noticed the cup and handle a couple of times and it has almost always continued to the upside. ill be going long on it.
personal bias on EurUsd.. a retracement backk to downtrend resistance and then another push to the downside
Here is my analysis on usdjpy. I may be wrong on it as im just going off of technincal analysis. The USD is bound for a pullback and if so that may affect the outcome of this trade.
Would you like to see part 2 if so please comment YES. This will be about entry on 15 minute time frame and how to ride the trends for maximising profits. Also where and how to put your stop loss
strong dollar will send this dollar futher to the downside