Looking to sell an area where GBPNZD appears to be losing momentum
Spotted an inverted H and S, and expecting the impulse upwards
Expecting a bearish continuation after the break of the bullish corrective structure
We expect a minor continuation of the bearish correction and then a return of bullish momentum at the potential Resistance turned Support. Alternatively it will just bounce of the current resistance support and turn bullish. We will await further confirmation
Looking to catch a buy at the base of a bearish channel
Here's my bullish forecast on one of my favorite companies Beyond Meat. Trying to buy and the bottom of a channel.
Gold is in a corrective bearish channel, expecting a bullish impulse at the third touch at the bottom of the channel
Looking to take advantage of the potential double bottom on the third touch at the bottom of an expanding channel
Selling what appears to be the top of an ascending channel in an overall bearish trend
Expecting a retest of the break of the ascending channel for a nice short
Looking to short from the third part of the bullish corrective channel. The overall trend has been bearish in the Daily and Weekly Timeframes, therefore a continuation seems to be the most probable outcome.
We are entering in on a short trade after the confluence of the ascending channel with the weekly trendline. We have opened a sell position in the bearish flag and target the bottom of the ascending channel with stops just above the bearish flag
EURAUD SHORT TERM TRADE, The rejection of a previous key resistance is signaling a potential double top which could then bring price all the way down to our price target because of the overall bearish trend in D1
Price action has broken the bullish corrective structure therefore signaling a potential push towards the downside
Hello Traders, we expect EURUSD to give a third touch on the trend line and turn into sell. The third touch will probably be around the same area as the previous support therefore giving us enough conviction to enter the sell. We will lookout for a strong rejection of that area for confirmation
A break above what appears to be a bullish flag will take the price all the way to the top of the structure at around 1878
The Pair has been in a huge corrective pattern and has formed an ascending pattern in the correction. With a hanging man candle also formed in the H1 and H4, this is signaling an impulsive sell. Comments and Criticisms welcome.