Hello!! This trade is based on 4H-1H and technical analysis only. Deep pullbacks on an uptrend Divergence Triple top Accumulation and distribution Let me break it down: We have been in an uptrend for about a month but we are starting to see signs of reversal. The market tried twice to break the highest high of this trend but failed ultimately...
A skewed inverse head and shoulder pattern on a pre existing uptrend. This setup is primarily based on the inverse head and shoulders but there are other technical aspects to it. If we break out of the small range at 169.955 it might be an indication that the buyers are in control.
We have been in a downtrend for a while (Looking at the 1h timeframe). We have a clear triangle pattern on 1H A divergence which is showing us bullish momentum I have found that triangles are a low probability setup so be careful.
This trade is only based on technical analysis. Key technical analysis points We have a clear uptrend with multiple touches trend lines(More than 3 touches) We had the highest high of the trend at 1.27912 the market tried to push higher but failed. This can indicate that there are a lot of sellers coming in. We have a nice divergence which indicates...
AUDUSD coming from a 4H uptrend then ranging for a few days is looking bearish. Some price key points to look out for: There is a failed double bottom which trapped a lot of buyers Lookout for a deep pullback (there is an unfilled Fair Value Gap) Filling the FVG can act as a third leg to our ABCD (1 2 3 4) pattern Overall this sell is very nice but be...
After being bullish for about 1 month EURUSD started a side ways trend (Range) for about 25 days. These are some trend analysis key points that made think that EURUSD will be selling. We tried going high but failed at 0.09144 after taking out the highs (liquidity sweep/ SL hunts) the market showed us a strong bearish movement. Note that I'm expecting an...