Rafal001

Rafal001

A very promising shorting opportunity at EUR JPY after a recent H&S pattern formation. Targets above the right shoulder and targets around the 130.91 level as this is a level where the price consolidated in the past. We also have the 50% retracement confluence after taking into consideration the most recent swing high to swing low. If we pay attention to the RSI...

04:23

Rafal001

Looking at a shorting opportunity on the infamous EURUSD after a recent break below/ close below of structure - one negative here are the big wicks from March 2020 bit altogether a nice setup.

Rafal001

A bullish pennant forming on the 60 minute Crude chart with two major areas of interest. If we see a price close above the 76.65 level on lower timeframes, I believe it is very likely that we will see the price travel to an important level of structure located at 77.03. If the price respects the upper trendline of the pattern and move lower, this will give traders...

Rafal001

Price completed the double top with an RSI divergence of 12.28 between the first and second tests of structure highs. Looking for a potential short entry for a test of the 0.382 retracement of the most recent bullish swing. Possible T2 at a lower level of structure at 1.2509. The T2 zone also has the fibonacci confluence (0.618 retracement from the most recent...