I usually use line chart to spot some patterns especially H&S, I will go short upon breaking the nick line for DAX Index
It seems by reaching .9400 the pair will break the nick line of the pattern (H&S) and would continue until .9470
Expected to move down after breaking the H&S pattern
Breaking support is likely on the pair due to bearish momentum inside the channel
Breakout the nick line and expected to continue up.
the price pulled back to the place of resistance in a downtrend, a place to go short again!
The dominant trend is down and now broke through the support inside the side way channel.
The pair broke the up trend line and re-tested it, now waiting for breaking the support level 0.7584 to activate a short entry
The pair broke through the nick line of the reversal pattern H&S, expected to move down with a SL above the right shoulder.
The Pound is weakening and eventually broke the uptrend line, time to go short with the breakout after the change in the HH and HL, as indicated with the down arrow
The pair is forming LL and LH in the last down waves, I will scale in another short entry if TL breaks..
The pair broke through the up trend line with high momentum, it shows - after LL and LH - that the down movement is still intact.
The pair is showing that the historical support level of 1.4110 is still intact after - what appears to be - a false break as in the highlighted area. Besides, there is a break out from the down channel, all indicate a moving up is likely..
The oil in a stage of retesting the broken up trend line, would suggest short after the close of the current candle and a SL above the TL, around 52.50
A falling wedge on the pair with the usual bullish divergence, to watch for a break out from the level 1.4170 , otherwise the down trend line continues.
A bearish movement targeting 18,300 is expected after breaking the nick line of the double top pattern on the Nikkei index.
The pair broke through the pattern "Ascending triangle" and expected a bullish movement until 1.3150
the pair under follow up to check the breakout from the descending triangle.