I see quite good potential for nzd cad with a clear upside potential towards 0.86996 and can form a fakeout and continue the decline in the supply area of 0.87416
Already seen the price action just wait for bearish engulfing before entering this trade :)
Already seen the price action just wait for bearish engulfing on the zone before entering this trade :)
I think in the coming weeks the price will show such behavior.
Quasimodo found on 15m for gold if you are not familiar with this pattern its basically an advanced head and shoulders another term is over under pattern smart money concept confluence is price would be aligning with my qml entry which is also in line with the order block zone i highlighted in red clearing all internal liquidity before projected take off back towards 2060
I think gold can continue on its path based on one of these movement patterns
Hello Traders :)) here we are just waiting when the price has penetrated the last resistance area and the price touches the MPL area or supply area , as a confirmation I use price action as a reference for entry in the market.. thanks :)) thank you for visiting and if you like it please press the like button here I really appreciate it.. :))
Hello Tradersss :)) here we are just waiting for the price to touch the supply area at 0.92818 and I personally use price action as confirmation and don't forget to take care of your money management..:)) thank you for visiting and if you like it please press the like button here I really appreciate it.. :))
hi guys ive think that quasimodo pattern has created on xauusd in 15m chart and we have two way to get position sell 1) we get short on down line triangle qml and sl will be upper line of mpl triangle + spread 2) we also can get short on down line triangle mpl and sl will be upper line of mpl triangle + spread in both we can get profit risk/reward 1/3 or we can...
The price changed its direction from downtrend to uptrend. However the price bumped the strong supply so it goes down to take more orders to continue bullish. So the maximum pain level that the price to get down is in the quasimodo level. If the price breaks out the lowest swing, the price will resume its previous bearish.
A bearish pattern seems to be happening. The pair is completing the Quasimodo pattern.
Gold Price have Broken 1834.72 which is the low of wave E (Red) of triangle. Confirmed Trend Reversal. Short at around 1840 which is the "peak" of the volume profile + Quasimodo level.
We're holding short positions so, here's just scalping idea. Let's wait and see how the price reacts at these levels and plan accordingly. We need a strong reversal structure to confirma before enter long positions. If you find the article useful or interesting, Let's comment below ! ------------------------------------------ Attention about this GBPJPY...
I'm planning to buy now and TP around 156.170 then sell until 155.220. SL around yellow line or a bit more.
POSIBLE QUASIMODO PATTERN I'm closing my shorts and trying to go long. If the price breaks the head level price I'll look for new entry level and will be aiming for my previous TP levels.
GBPJPY is currently in an importante zone where we can go for sales for a long term trade or can go continue it's uptrend movement. If the price breaks the 158.219 level I'll be waiting for confirmation and will be analyzing for posible scenarios. Right now the pair is forming a QUASIMODO pattern that can be appreciated in 4H TF. This pattern could be the...
Good morning, In this analysis we can see a QUASIMODO pattern, where we can TP around 156.400. IMPORTANT FACTOR WE SHOULD CONSIDER This pattern is near our last maximum level, and this is a good trend change indicator and we should consider it since it's in a higher TF. This might be the pattern we are looking for to put a sell for long term. You can check my...
We had a confirmation with small Wyckoff accumulation range in 5m time frame. Our target at Quasimodo level on above chart. Let's see another precision Gold and Bitcoin trading ideas below Do you like this BTCUSD trading idea? If you find the article useful and interesting, Please leave a comment or engage to see more posts...