After price made multiple attempts to break the channel, if finally does with momentum to the downside and tends to move back towards it and retests the channel with the zone area altogether by a bearish candle. This symbolizes the beginning of bearish pressure and thus signals a shorting opportunity.
After multiple attempts of price trying to break the support of the descending triangle, it finally breaks it with momentum and retests it as a new resistance. This enables the opportunity to sell and a close at the lower resistance.
After multiple attempts of price trying to break the resistance zone , it finally does with momentum and is now looking to retest the zone area as our new support. Price has formed a head and shoulders pattern as well as a rising triangle which accounts for a solid confluence. Now we await signs of gained bullish momentum to make our entry with our tp at the next...
After breaking daily structure, the price tends to retest the resistance area on the daily time frame thus providing an opportunity to enter in lower time frames with a bearish bias. In the 15 min time frame was the formation of a consolidation that was broken and retested, providing a sell opportunity with the take profit at the nearest daily support and thus a...
A break and retest of the previous support of the head and shoulders on the daily time frame signaled for possible continuation of bearish pressure. So going done the the 15 min time frame we have a rising wedge that was broken with bearish pressure, thus the entry was made with the stop loss above the previous high. The take profit was set using the next support...
After breaking and retesting the channel and major 4h zone area, price gained momentum which is evident through the formation of a long bearish candle or the evening star candlestick pattern, price is expected to rally down and continue with a great magnitude of bearish momentum.
Price broke the ascending channel with a bearish candle, showing bearish momentum. Price then reversed to retest the channel, zone area and descending trend line, which forms a solid confluence. Multiple wick rejections form before the formation of a large bearish candle, showing the strength of the confluence and bearish momentum taking over. This gives rise to a...
Price broke channel with bearish momentum and went back to retest the channel and zone area and a bearish candle formed showing bearish momentum. This gives rise to a short sell opportunity
Triangle break and retest to give rise to opportunity to ride the massive drop
So much bullish momentum was evident when the channel was broken. Now the bullish momentum is about to continue after price retests the channel and support
Retest of zone area after channel breakout for possible entry. Price shall continue to fall as is failed to create new higher highs but formed new higher lows, which indicates price is in a down trend on the overall
Retest of resistance and trend line to give rise to a short sell opportunity
Price building towards the retest of the support and trend line to continue moving to the upside towards the upper resistance
Potential retest of trend line and zone area, giving rise to potential entry
After a strong downward rally, price took a break in the form of a rising channel . The price fails to make a higher highs and consolidates instead at the lower section of the channel just before breaking out of both the channel and consolidation. A possible stunning entry could arise upon retest of the zone area which is the support zone of consolidation, the...
After a strong downward rally, price took a break in the form of a rising channel or flag. The price in the channel touches the lower boarder of the channel multiple times before a sharp bullish movement which was unable to form a new higher high, showing loss of bullish momentum. Price then reversed to break out of the channel and is now moving back to retest the...
Strong support with multiple touches and retest of both upper and lower trend line of the triangle signaling a possible bullish move to the target price of 1797.770 with stop loss of 1773.804 and a RR of 1:2. The signal was confirmed after the formation of the 3 white soldiers candle formation