Good day, this is my idea and trades I will definitely take but I do not recommend anyone trade what I post and if you do it is at your own discretion. Please like the idea if you agree and comment of you disagree
Hi guys, Price has reached a weekly resistance area and we are seeing nice rejections on the smaller timeframes and with RSI overbought and price making a new high we can enter with short positions for price to make a higher low before shooting through the roof again. Please do not take this as a signal but rather as an analysis. Press like if you agree and...
Possible head and shoulders just playing with patterns
If the next candle opens below the structural high we will see the bears pushing the market to the 69 dollar region. Spot entries and ride the wave down💛♥️💙
The overall trend is to the downside and with this beautiful bearish pattern as confirmation of downward momentum this will be a pipfilled week
Please refer to the chart for my short bias - NZDUSD 1. Weekly timeframe - Descending Channel long for a third touch (short position) on the support trendline before moving to the upside (long position) 2. Daily timeframe - Pattern within a pattern (rising wedge) looking for a breakthrough (short position) UPDATE: price forced us to evolve structure because...
Short all the damn way. Below is an analysis I made last week and it still stands. Momentum is to the downside - GBPJPY 1. Weekly timeframe - Descending Triangle with an overall downtrend 2. Daily timeframe - Pattern within a pattern, raising wedge with all the characteristics for a breakout. Retesting the support turned resistance of the wedge. 3. 4 hour...
- GBPUSD 1. Weekly timeframe - I spotted a two patterns on the weekly timeframe with opposing directions; a) Bearish Triangle, b) Bullish Flag, But because the overall trend is down I that flag is not significant 2. Daily Timeframe - Price can either respect both resistance trendlines from the bearish...
- NZDUSD 1. Weekly timeframe - Descending Channel long for a third touch (short position) on the support trendline before moving to the upside (long position) 2. Daily timeframe - Pattern within a pattern (rising wedge) looking for a breakthrough (short position) 3. 4 hour timeframe - Another pattern within a pattern (rising wedge) looking to short and then...
Beautiful pattern that formed. Go long. Blue ray is our first target.
Structure is forcing us to evolve with it as price is breaking out of the main channel. Short it when the time arises
Hi Guys, I trust that you are all well and resting. This is my perspective on AUDJPY. Overall trend is downward.
We can see a beautiful pattern that formed on EURUSD for a short position, forecast enteries with targets and stop losses are indicated on the chart. NB* This is just an idea and is not to be traded. If you do take it as a signal it will be at your own risk
Hi guys, Check out this cool idea I got for EURUSD. Short-term long idea with an overall short. You can ride it all the way up for a third touch and back down for the overall short. *Disclaimer: THIS IS MY TRADING IDEA AND NOT NECESSARILY TRADING ADVISE.
If price breaks the bottom of the channel we will see it move to the bottom towards the red support line(POSSIBILITY). Or it will move up toward the blue line(PROBABILITY). Wait for confirmation and execute according.
Expecting a huge sell off when reaching the top off the channel.