DE30EUR has formed an advance harmonics pattern shark on its hourly chart.
The price is trading above the entry level EL 13471.3 with possible targets projections
TP1 13888.5 78.6% XCD
TP2 14044.8 100% XCD
Hi all,
I have been trying to find a scenario that would answer to the question spinning in my head. Let me explain it.
BTC lost the "Weekly trendline 1" and I suppose that the prices need to touch the next lower one, the "Weekly Trendline 0", at some time. This has not happened yet. My question is "how and when"?
I'm still thinking that we are in...
FIRST lets dive to the volume profile analysis
the last bullish wave has strong HVN & poc not tested , NOTE ( it doesn't have to be tested every time )
but the king looks like looking for strong base to taking off again
also i have to mention that price just touch the V A for the bullish wave thats why we expect rejection and bullish wave
but i don't think its...
by trend volume profile setup we expect retest the HVN before next bullish wave
also we got a sign we have a shark pattern we just need a confirmation by last point D we expected to be done at levels as shown on the chart than we have good chance to be bearish
bullish shark pattern + RSI divergence + bullish engulfing , price might go up and form a double bottom
PS : never risk more than 2% of your capital per trade
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cad has been weak due to oil prices slump, audcad is forming a rising wedge in h4 and h1, and a divergence in momentum h4 so actually price is going up slower than before and possible bears can come in market.
we need to wait for pattern on point d and then we can sell, this evening there will be australia interest rate decision so do not overtrade,you can place a...
