Pinnaclesfx

Pinnaclesfx

A degree of uncertainty has taken over this pair for a couple of days now, in my opinion, it's better not to rush into placing any position without proper confirmation. Being reactive to the Price Action will give utmost result. Just for educational and profitable purposes... #Money management #Risk management Cheers!

Pinnaclesfx Updated 

The price action gave us a selling structure and it's been worth selling. I believe the price will go in our direction

Pinnaclesfx

I see price falling to the target area as the dotted line which was previously a support has potentially become a resistance line to enable price fall further. Give a thumbs up for extra motivation. cheers!

Pinnaclesfx

For some time now, Price has been trending in an expanding channel, The red and yellow arrows indicates strong reversal areas.

Pinnaclesfx

If the price didn't break the resistance line we can initiate a sell position/trade

Pinnaclesfx

We have a bearish structure/pattern in form of an ascending wedge, we expect the pair to fall

Pinnaclesfx

Double top pattern on 4H, 1D timeframes, Follow the trend to the demand zone Been on this pair for a very long time

Pinnaclesfx

Sell Setup

Pinnaclesfx

Sell trade

Pinnaclesfx

Buy setup

Pinnaclesfx

Expect a retest after the orange channel breakout

Pinnaclesfx

Sell trade

Pinnaclesfx

Sell trade

Pinnaclesfx

Short position for GBPJPY A head and Shoulder formation is expected on the 1WK timeframe

Pinnaclesfx

Long Scenario: If the trendline resistance eventually breaks and horizontal support not broken we'd have a nice opportunity to buy the pair. Short Scenario: If the resistance trendline is respected, that is, not broken or the price gets rejected and the horizontal support gets broken, we can sell the pair. Pls give a thumbs up to show your support and don't...

Pinnaclesfx

Buy trade for GU

Pinnaclesfx

Sell Trade for AUDUSD

Pinnaclesfx

WAITING IS A GOOD SKILL IN FOREX TRADING WAIT TILL IT BREAKS THE RESISTANCE BEFORE GOING LONG OR WHEN THE PRICE IS REJECTED THEN GO SHORT