Price broke below the rising channel it was moving, with a sharp impulse to the down, and it;s now in consolidation. The whole structure has formed a flag pattern which we should watch closer for a breakout in order to sell the market.
Price has breached below the slide parallel of a downsloping median line which acted as support several times. Moving into a corrective structure, it pulled back and tested the parallel which now acting as resistance rejected price. Overall we have a flag pattern, and what we should watch for is a breakout below ...
Price has completed a bearish bat pattern at a key resistance level, a slide parallel of a median line set. Sl and tp as shown at the chart. If price reaches the first tp we move sl at breakeven to second position
Price has reached the median line of the pitchfork, the slope is pretty valid so we better start watching for a buy setup at current level. I will update the post if i identify any bullish setup based on my strategy.
Price has bounced from a slide parallel of a downsloping median line, a long term resistance level, and is now looks like it's in a correction. Watch for a breakout below the corrective structure and go short. We might also see price reaching the median line (green line) of the pitchfork, while in correction. In ...
Price has reached the slide parallel of an active median line where it bounced dropping into an impulse. A correction has followed forming a bearish flag pattern, which we may trade if price breaks below it.
Price broke above a long term resistance parallel of an active slope pitchfork, and is now close to test the broken level acting as support this time. Any buy setup completion at this level would be a very nice opportunity.
The slope of price in AUDUSD -0.55% is very active making the slide parallels of the median line key levels to watch for price action. Last time price reached a slide parallel, it reversed now heading to the down, We might have a retest of this resistance level , and in case we have it we should watch for a sell ...
Having identyfied the slope of price in the USDJPY 240min, i was looking for a slide parallel of the upsloping pitchfork which gives us the slope, where we had previously price action. The slide parallel shown in the chart has acted as both support and resistance previously and we now see that price was rejected at ...
Price has dropped in a impulse after bouncing from a slide parallel of a median line, and is now seems to break below the correction after the impulse. Selling the breakout is a nice idea with sl and tp as shown at the chart.
Price is about to complete a bearish gartley pattern at a slide parallel of an active upsloping pitchfork. The parallel has acted as resistance multiple times previously better seen at the chart below. Sl and tp as shown at the chart..
Price has climbed and reached a slide parallel of an active upsloping pitchfork, which previously has acted as support. At this resistance level we have the completion of a bearish deep crab pattern. Sl and tp as shown at the chart.
Having a very active median line set, with price slope being pretty valid, we see now price testing a slide parallel, which has acted both as resistance and support. Buying from current level is a nice idea with a sl below previous structure and tp the quartile of the pitchfork
Price has retraced to a previous resistence, now support level where we have the completion of a bullish cypher pattern. We may see that at the level we already have a big rejection, a good tell that most likely price will reverse and head up. Sl and tp as shown at the chart
After a successful trade in AUDUSD (link below), we have another great opportunity, with a sell trade this time. Price is rejected at a slide parallel which has acted as support/resistance several times previously. Sl and tp as shown at the chart. I recommemend when 1:1 in profit to move your sl at breakeven.
Price has reached the slide parallel (resistance) of a valid slope median line, where we have the completion of a bearish crab pattern. Sl and tp as shown at the chart. If price reaches the first tp we should move sl at breakeven to second position