clear uptrend defined 4 hour candle formed at higher low grab the pips while you can enjoy
Looking at a possible inverted head and shoulders .. price is currently in a uptrend and h&s is a sign of reversal of the previous downtrend wait for break and retest of neckline
we are just seeing the completion of a head and shoulders formation notice as price approaches the bottom its forming a correction now this could go 2 ways price should respected the support level and shoot back up into a range bound market or it could break below and start the impulse move because on daily its formed a wedge
complete formation of H&S currently testing the neckline wait for bullish signs and move stops away from stop hunting areas Goodluck to all
i am seeing the formation of a possible swing trade forming in the form of a reverse wedge this will be confirmed if price can give us a impulse move to the upside
Daily chart indicates price is at a very strong resistance level indicated by the rejection wick have to be a abit smart with this trade though i believe market makers will push market up to suck in retailers in for liquidity before shooting down keep 1st position small and scale in only once this trade is confirmed
head and shoulders forming in ascending wedge 2 signs or bearish reversal will be looking to short at the right shoulder and scale in if price break below neckline
Failed breakout to price respecting previous support level looking for buys till the resistance level
Potential head and shoulders forming wait for the break and close below to consider taking this short trade
Potential double top formed watch lower time frames for entry
Price within extended channel and resistance turn into support from previous expanding pattern its possible price could continue up especially if price forms corrective structure on smaller time frames near this level watch for bullish confluence or bullish reversal patterns on smaller timeframe to enter a long position
price broke back into previous channel currently back at resistance level watch for price close and pivot at resistance to enter a sell if price break past no trade
Price back within bigger tf pattern showing bearish signs will look near the top of the expanding pattern to enter a long trade
price is pullingback in a corrective manner to the 78.6 fib level i believe at this point we may see buyers stepping in to create a higher low in this forming upwards trend
Looking to execute on the 15m Tf with sell stops under previous support structure
Price seems topped out need price to break structure to get in short
we see Price correcting at what is possibly the next lower low in this channel downtrend looking for a break to the upside to open a long trade