Retest the breakdown of trend At monthly/weekly high- liquidity grab Resistance level
If we break and retest below the 30k support and continue lower, the measured move for a HS pattern - from the apex to the base Would indicate a move to near 0.
H&S pattern, came for a retest at neckline. Prepped for 300 pip drop.
Broke past resistance. Now acting as support. H&S pattern
Good opportunity to make some pips, as long as we dont breakout of the ascending channel. move up within the ascending triangle.
hi all, Complete newbie here, have been learning about forex while in lockdown. I think i might have located a divergence in the RSI. possible top swing failure. possible failure in the ascending triangle and a breakdown. going short position here. again, complete newbie here. please give your critique and suggestions
yo everybody. complete noob here. i've been doing some forex self study during this time in lockdown. here's my assessment. please leave some feedback. directional bias is still downwards, the trend will be be broken downwards to form another low.