Very bearish outlook on this pair Daily shows us a bearish ascending channel linked up with a double top now on the 4h we have a smaller acending channel with what looks to be forming a possible H&S another bearish sign if price forms the next shoulder and shoots down to the neckkline lets wait for a break of the neckline and then bearish correction to enter a...
Price been showing very bullish sentiment from last week currently price is in a larger decending channel DAILY/WEEKLY TF currently on the 4h we see inverse H&S price currently restesting that neckline in the form of a bullish reversal wedge after short impulse down also currently price seems to forming a smaller bearish acending channel but i dont thinkn this...
Hi all if you have been following EurAud with me from couple weeks ago we are still bearing price bearing on larger timeframes aswell we are waiting for a break of this current structure to short Good luck all the best
i am looking for a final push to the downside for this trade
double top presented price has pushed down now correction looking for the next push down
Price has broken strongly out of this correction we are waitng for a small pullback/ correction (bullish) to go long
price breakout from bullish descending channel watch for old resistance = new support to enter
price has presented itself in the form of buying pressure winning this market after trying to sell
Price has approached the daily previous resistance in the form of a descending channel this is bullish behavior watch for the break to enter long
we have now two touches of previous resistance level and a support level to work with we will wait for price to break below level in green and close on daily or 4h tf to enter this trade goodluck to all
we can see a very long wick on H4 meant to stop hunt+ fomo buyers into buying but all of this is to make liquidity for a nice short still very possible that price can break up but i will be looking to sell after current signs are presenting themselves 1: 3 touches of ascending reverse wedge 2: Big wick stop loss hunt + fomo buyers caught in trap 3: smaller tf...
Currently looking towards the upside as price had bounced off previous support after big drop down in the form on Descending channel and price has broken bullishly out of that descending channel price currently correcting but correction could also be forming head and shoulders which is sign of reversal . and looking at corresponding EUR pairs most seem to be...
From last week price broke out from wedge descending wedge formation. Now we see price at a previous resistance level approaching in the form of a ascending channel we have 2 bearish confluences 1: double top 2 : ascending channel if price can break to the downside we can see potential 200 pip movement
We will see if price will break or respect the current descending downtrend
couple of bullish confirmations will wait for the break of the current correction and downtrend channel to enter
Currently price had a small drop out of ascending channel current signs are still bearish looking for push down to the bottom of bigger descending channel ... Trends in trends
Looking for price to break the support on the daily chart to enter a short swing trade and the next impulse to the next support goodluck to all
possible H&S Pattern formed need price to break close the neckline on the daily chart to enter if price doesnt not break neckline and bounces my view is still short but will be looking to the blue arrows until price break down Goodluck to all