price complete double bottom and RSI shown bullish divergent, so we can expect reversal from this. find 61.8 level pullback to catch 2618 trade setup. 61.8 level will also retesting structure support. find best entry on smaller timeframe when price touch that level
Even though we are generally in an uptrend, there are shreds of evidence that Buyers might have lost the steam that brought them this far as we await significant breakdown of neckline @ Fr0.68250 for confirmations that support Bearish bias. Tendency: Downtrend ( Bearish ) Structure: Reversal Pattern (Double TOp) | Trendline Observation: i. ...
Price rejected one more time from neckline area. And now price potentially create inverted head and shoulders and Butterfly pattern. Complete butterfly will also retesting 61.8 level and support level. from this area we can try to find best entry to buy.
in the previous idea, we got some profit then price tag the low once again. and now price created bullish engulfing candle and bullish divergent on the daily chart. to jump into buy, find pullback on the smaller timeframe to get best price. exit when price break the low
after some downside movement, price retesting trendline and bounced. and now price try to make another downside movement. so we can sell on break trendline and previous low. break previous low may create new lower low
Price currently resistance area and maybe will have some rejection from this level. Price also start to make LH and LL as an early indication of a trend change. For the RSI, we can see that it has broken below level 50 and during an uptrend it has never been broken below level 50. And this could be a sign of a decline. However, we still have to respect the...
two potential patterns for NZDUSD some downside movement likely going to happen before another upside continue these complete patterns will also retesting important support level.
The price moved 40pips in our direction since my last publication (see link below for reference purposes) before finding Lower Lows to project a certain level of weakness in the GReenback. With the latest development in price action, I am keeping my expectations for further strength in the Japanese yen high in the coming week(s). Tendency: Downtrend (...
Price create transition movement after break S/R level. And currently retesting S/R level. We can try to sell when price brake white area RR 1 : 2.28
price still moving inside rectangle pattern and back to restest resistance level. we can expect price make another downside movement. stochastic also show an overbought
Price reached resistance level and we look for some rejection from this level. Price potentially created Shark Pattern. we can look for sell to follow this pattern completion. But we need to wait price to close below minor support for confirmation
This setup is speculative buy. As we know the price still downtrend and already break previous support. but we have one big bullish candle engulf 4 previous candles. This could become a false break RSI also show a bullish divergent. reduce your lot size as this is a speculative buy
price retesting lower channel but we have bearish divergent on RSI. There's a possibility price to break the channel. preparing sell when price break. RR on chart
price try to make some downside movement, however minor support still hold it. We can take sell position when price break minor support and aim complete cypher. If cypher really complete we take another buy. complete cypher also retest the next support and trendline
price currently on the resistance area and sideways. price looks making some built up to breakout. we can buy on breakout. but if price fail to breakout and make some downside movement. we can wait on blue area to buy
Price reached weekly resistance and we look for some rejection in this level. on the daily time frame we have Dark Cloud Cover formation as a rejection indication. sell on break consolidation will be our entry setup
price back to retest resistance level and there's a possibility price will reject. to catch some downside movement we need a confirmation. wait price to break trendline and make some correction will be better choice.
price back to retest resistance and there's rejection. trend is still bearish as well, so we can take another sell as price break minor correction. SL : red line TP : green lines