Update The bearish scenario has worked = prices made a new low + They also broke the "S1" pivot point = In theory this means that "S2" is possible = A new low is possible
Hello everyone Symmetrical triangle exit on cadpy. + Prices exit from the top of the figure = In theory bullish trend to follow. + TP 100.195 (100 points)
Polarity on EURUSD = Rising support becomes falling resistance = Bearish reversal pattern. = In theory prices could move back down. = A downward trend is possible.
Prices are in the upper zone of the bearish channel on EURNZD + Several times in the past, in this area, prices have bounced down to a lower low. + A break of the intermediate resistance (black line) would reinforce this hypothesis. = As prices are in a rebound zone, in theory, a downward trend is possible. + TP 5593 (333 points)
Formation of a rising wedge on AUDCAD = Bearish reversal pattern. = In theory prices could move back down. = A downward trend is possible.
Prices are trending upwards on GBPJPY + Several times in the past, on the current support, prices have bounced upwards + A new bullish rebound has just taken place and seems to be taking place = In theory, a bullish continuation towards a new high is possible + TP 164.63 (65 points)
Hello to all Here is my scenario: 1) Prices are in a downtrend channel 2) They have just bounced off the channel support 3) In the perspective of a continuation of the downtrend, I envisage the continuation of the decline beyond the previous low
Hello to all Here is my scenario: 1) Prices are in a bullish channel (red), so the underlying trend is bullish. 2) A bearish retracement is underway. 3) In the perspective of a continuation of the uptrend, I envisage a rebound in the area of the "P" support (black circle) 4) TP is at 0.6884 = 94 points / SL is at 0.7097 = 118 points / RR : 1.2
Update Exit of bullish channel from the bottom on AUDCHF = reversal pattern + Pull back in progress = In theory, bearish trend possible
Here is my scenario: 1) Prices are in a bullish channel (red), so the underlying trend is bullish . 2) A bearish retracement brought us back to the support. So the short term trend was bearish 3) A first bullish rebound has already taken place (SL line) 4) In the perspective of a continuation of the uptrend, I envisage a new rebound in the area of the pivot point...
Here is my scenario: 1) Prices are in a bullish channel (red), so the underlying trend is bullish. 2) Prices are also in a horizontal channel, so the immediate trend is neutral. 2) A bearish retracement is underway. It brings us back to the low point of the range 3) In the perspective of a return to the top of the range, I consider a rebound in the support area of...
Hello to all Here is my scenario: 1) Prices are in a downtrend channel 2) They have just bounced off the support of the channel 3) In the perspective of a continuation of the downtrend, I envisage a continuation of the decline beyond the previous low 4) SL is at 0.8365 = 48 points / TP is at 0.8263 = 54 points / RR : 1.1
Hello to all Here is the scenario: 1) Prices are in a bullish channel (red), so the underlying trend is bullish. 2) A bearish retracement has just taken place, so the short term trend was bearish 3) The first support of the rise has been broken (black circle), but the trend is still going up in a new channel (orange) after a rebound on the S1 pivot 4) The TP is...
CHFJPY: Likely sell signal Hello everyone, Formation of a resistance on CHFJPY = Bearish reversal pattern + Already 3 successful rebounds + 1 new one in progress = Probable new failure of the rise = In theory bearish trend to consider
Hello everyone, Formation of a bearish channel (anticipation) on CHFJPY + Bearish reversal pattern + Prices seem to bounce for the 2nd time on a resistance = Possible new failure of the rise = In théorie bearish trend to consider
Hello everyone, Formation of a descending triangle on NZDJPY = Bearish reversal pattern + Prices seem to bounce for the 4th time on resistance = Possible new failure of the rise = In theory, bearish trend possible
Hello to all, Formation of a descending triangle (anticipation) on CADJPY = Bearish reversal pattern + Prices seem to be bouncing off the support of the triangle + If the pattern is confirmed, a downward exit is possible = In theory, bearish trend to consider
Hello everyone, A bearish channel is forming on USDJPY = Bearish continuation pattern + Prices have just rebounded below the red support + They then quickly fell below the black support + now a Pull Back is in progress = In theory, bearish trend possible