Head & Shoulders revers pattern on monthly time frame
Wait for correction to end to sell It can go up for another C and present a sell setup It also can correct longer and prove to be a more complex correction Either way, I'm looking to wait for the break to sell.
we have had our double top and impulse leg down breaking structure. Waiting for the outside return to the 618 level before seeing a drop to the downside order in place for entry 1.30400
Bear CRAB USD CAD Short 1.35 with 200 pips target and 200 pips SL.
Chart says it all, waiting for your responses. Regards
Waiting for the break - retest - continuation on H4 to go short. Reason to enter: - price broke below the monthly support lvl - EMAs heading South - the price broke the TL TP - 1.2500
The Shark I talked about is definitely finished right now. The TL at the bottom seems not to hold. On the daily chart, there are several possible patterns to note (sorry about the messy chart), the ratios are pretty nice 1. AB=CD TP 1.25380 2. Bat TP 1.25436 (pretty tight with AB=CD pattern, so there should be a strong PRZ around 1.2540) 3. Alt Bat TP 1.23662 4....
Play Daily TF based upon price action and general relation to 20ma, 50ma, 100ma and 200ma, respectively. Overall short based upon historical content for which fundamentals can move.