Adam-Robinson

Adam-Robinson

HEAD AND SHOULDERS PRICE ACTION This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. As bears enter the market, they are tested by the bulls at three different occasions, the first and third ones are around the same rate, and the second one being the strongest push performed by the bulls. After the third bears'...

Adam-Robinson

BULLISH RECTANGLE PRICE ACTION This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. When bears enter the market, a consolidation period starts and rate gets contained within a specific range, where bears are creating a resistance at a certain rate, and bulls are creating support at a certain rate as well. Bulls then...

Adam-Robinson

ASCENDING TRIANGLE PRICE ACTION This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. Bears make a stand at a certain rate and try holding it as much as they can, while bulls keep squeezing on that rate till they finally break it and the exchange rate continues its uptrend. Let's break down the pattern formation! In an...

Adam-Robinson

DOUBLE BOTTOM PRICE ACTION This chart pattern starts forming with bears already in control of the exchange rate's downtrend. Bulls make a stand at a certain rate that will be tested exactly twice before they are finally able to reverse direction, and the exchange rate starts an uptrend. Let's break down the pattern formation! In a downtrend, price action finds...

Adam-Robinson

ASCENDING TRIANGLE PRICE ACTION This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. Bears make a stand at a certain rate and try holding it as much as they can, while bulls keep squeezing on that rate till they finally break it and the exchange rate continues its uptrend. Let's break down the pattern formation! In an...

Adam-Robinson

FALLING WEDGE PRICE ACTION This chart pattern can be formed after either an uptrend or a downtrend. Bears make the first move by creating a resistance and pushing the exchange rate downwards. As bulls try to fight back, it looks like the bears have the upper hand as lower highs and lower lows are being formed. However, bulls suddenly start an uptrend by breaking...

Adam-Robinson

INVERTED HEAD AND SHOULDERS PRICE ACTION This chart pattern starts forming with bears already in control of the exchange rate's downtrend. As bulls enter the market, they are tested by the bears at three different occasions, the first and third ones are around the same rate, and the second one being the strongest push performed by the bears. After the third...

Adam-Robinson

INVERTED HEAD AND SHOULDERS PRICE ACTION This chart pattern starts forming with bears already in control of the exchange rate's downtrend. As bulls enter the market, they are tested by the bears at three different occasions, the first and third ones are around the same rate, and the second one being the strongest push performed by the bears. After the third...

Adam-Robinson

INVERTED HEAD AND SHOULDERS PRICE ACTION This chart pattern starts forming with bears already in control of the exchange rate's downtrend. As bulls enter the market, they are tested by the bears at three different occasions, the first and third ones are around the same rate, and the second one being the strongest push performed by the bears. After the third...

Adam-Robinson

INVERTED HEAD AND SHOULDERS PRICE ACTION This chart pattern starts forming with bears already in control of the exchange rate's downtrend. As bulls enter the market, they are tested by the bears at three different occasions, the first and third ones are around the same rate, and the second one being the strongest push performed by the bears. After the third...

Adam-Robinson

DOUBLE TOP PRICE ACTION This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. Bears make a stand at a certain rate that will be tested exactly twice before they are finally able to reverse direction, and the exchange rate starts a downtrend. In an uptrend, price action finds the first resistance (1), which will be the...

Adam-Robinson

DOUBLE TOP PRICE ACTION This chart pattern starts forming with bulls already in control of the exchange rate's uptrend. Bears make a stand at a certain rate that will be tested exactly twice before they are finally able to reverse direction, and the exchange rate starts a downtrend. In an uptrend, price action finds the first resistance (1), which will be the...

Adam-Robinson

The basic idea is that some pin bars will retrace to around 50% of the tail, so we can look to enter there with a limit order. This provides a tight stop loss with our stop loss just above or below the pin bar high or low and a large potential risk reward on the trade as a result.

Adam-Robinson

ASX: NOV Analysis on chart.

Adam-Robinson

RISING WEDGE PRICE ACTION This chart pattern can be formed after either an uptrend or a downtrend. Bulls make the first move by creating a resistance and pushing the exchange rate upwards. As bears try to fight back, it looks like the bulls have the upper hand as higher lows and higher highs are being formed. However, bears suddenly start a downtrend by breaking...

Adam-Robinson

BEARISH FLAG PRICE ACTION This chart pattern starts forming with bears already in control of the exchange rate's sharp downtrend. When bulls enter the market, trading is contained briefly in an up-sloped range. Bears then break that range's lower resistance, and the exchange rate continues its downtrend. Let's break down the pattern formation! A sharp downwards...

Adam-Robinson

FALLING WEDGE PRICE ACTION This chart pattern can be formed after either an uptrend or a downtrend. Bears make the first move by creating a resistance and pushing the exchange rate downwards. As bulls try to fight back, it looks like the bears have the upper hand as lower highs and lower lows are being formed. However, bulls suddenly start an uptrend by breaking...

Adam-Robinson

FALLING WEDGE PRICE ACTION This chart pattern can be formed after either an uptrend or a downtrend. Bears make the first move by creating a resistance and pushing the exchange rate downwards. As bulls try to fight back, it looks like the bears have the upper hand as lower highs and lower lows are being formed. However, bulls suddenly start an uptrend by breaking...