CLUBBESIGNAL

CLUBBESIGNAL

In the picture above, we can see that price had already broken out of an ascending wedge type pattern, before correcting to the highest high it created. Currently price is forming a possible double top (continuation).

CLUBBESIGNAL

In the picture above, We can see that price formed an ascending/rising wedge pattern. When such patterns are often a visual representation of an overbought signal. Price has not yet confirmed anything, however prediction for GBP/USD is bearish. My prediction of price will only be confirmed once price breaks below the higher low zone, until then i wait.

CLUBBESIGNAL

In the picture above, we can see that price is in a overall downtrend however price is in a corrective phase looking for resistance to push price lower. On the daily timeframe you'll notice that price is actually testing a doji candle, which is a strong area especially when its used as a resistance. My bias on price is bearish however am still patiently waiting...

CLUBBESIGNAL

In the picture above, we can see that price had previously broken out a descending channel before breaking structure bullishly. Currently price is in a corrective phase, which is common after breaks of structure. My bias on price is bullish, however, this will change only when price breaks below the lowest low created before the break of structure.

CLUBBESIGNAL

In the picture above, we can see that price broke out a descending channel prior is current position on the chart. However, that does not mean price is in a uptrend/bullish trend. Price needs to break a previous level of structure before the change of direction can be confirmed. That means the breakout from the channel could just be minor and price could continue...

CLUBBESIGNAL

In the picture above, we can see that price broke out a descending channel in an impulsive manner, which strengthens the breakout. Currently i see that price broke above a higher low zone and is still in a correction phase, price could drop to the break out level/area before completing the move higher. Like the GBP/USD setup, buy stops are the order of the day.

CLUBBESIGNAL

In the picture above, we can see that price was moving downward within a descending channel for some time before recently breaking out in an impulsive manner. After breaking out of structure its common that price retests 1 of 3 areas on the chart and they are: 1. Breakout level/zone 2. Pinbar formed before the breakout 3. large zone area created before the...

CLUBBESIGNAL

In the picture above, we can see that price broke out of a falling wedge pattern in an impulsive manner before entering the current correction phase. Going long at this moment is premature however my strategy indicates this moment as an early entry signal.

CLUBBESIGNAL

In the picture above, we can see that price broke out of a descending wedge pattern in an impulsive manner before retesting the breakout area. Price is currently in a correction phase, after this phase we can expect price to be impulsive. Am currently bullish, however if price fails to break above the resistance zone its created for itself, I will change my bias.

CLUBBESIGNAL

In the picture above, we can see the price was moving within an ascending channel before breaking out the structure. Currently price is in a correction phase, often times price continues the move it made before the correction and in this case its a bearish one. To be safe i plan on taking shorts below the support zone price created.

CLUBBESIGNAL

In the picture above, we see price moving within a rising wedge. My prediction for price is that it will be bearish, however, this bias will only be confirmed when price drops below the higher low zone i have drawn.

CLUBBESIGNAL

In the picture above, we can see that price broke out of an ascending channel. This is a signal of a potential change of direction. The change of direction will be confirmed when price breaks below the confirmed higher low zone. At the moment i expect price to test the higher low zone.

CLUBBESIGNAL

In the picture above, we see that price has been moving within a falling wedge. We can also see that price has broken out the wedge and could start a bullish trend. These bullish trend will be confirmed when price breaks above the zone i have drawn. My prediction will be invalid when/if price breaks below the zone it has recently rejected.

CLUBBESIGNAL

In the picture above, we see that price has broken out of a descending channel and recent retested the break out area. I expect price to be bullish from this point on. My bias will be changed only when price travels below my stop loss level.

CLUBBESIGNAL

In the picture above, we can see that price is in a Ranging channel and within that ranging channel I spotted a descending channel. And within that channel I have spotted another channel. Price broke out the channel and broke above market structure (Lower high) in an impulsive manner. Price is currently retesting the breakout area, if price rejects that area we...

CLUBBESIGNAL

Currently price is still in a correction phase, however, its showing me a setup that if confirmed could show us a bullish price. I am currently awaiting price to break above the resistance zone I have drawn on the chart.

CLUBBESIGNAL

In the picture above, we price previously broke out an ascending channel before breaking out. We also see that price broke below a major higher low zone indicating to me that price is currently in a downtrend. My Bias will change only when price breaks above the pivotal zone.

CLUBBESIGNAL

In the picture above, we see price rejecting a previous high strongly taking the shape of a bearish pinbar candle stick. If the bullish momentum continues I expect price to break above the previous high and make a new one. However, if price fails to continue higher I will be bearish only after price breaks below the pivotal zone.