resting on weekly supp.
pushed us down from previous post now we see another potential harmonic movement.
We are looking for a breakout to complete our pattern targeting the breakout retest for a potential upside once targets have been acquired
Lets see if we can get a final push downward before we break out of our triangle. Going along with completion of our third pattern in this zone. BACK TO BACK TRADING!!
Looking for a minor upside to sell structure + our pattern. Potential extended targets
We have another bearish pattern waiting for completion
Pattern formation for a sell. update from our last post moving entry towards pattern completion
We are seeing a breakout and a retest of previous dynamic resistance..we are in a bearish bias for a quick scalp
Trying to catch previous resistance
Great structure trend setup continuing the movement up
Simple trend continuation using structure
Our bias has now turned towards the upside targeting .382 1st Target and .618 for 2nd target to retest our trend breakout
We are looking for the low to low trend breakout to retest around the 0.618 levels for a potential short towards the 0.76200 support area
a simple breakout retest reversal expected on AU (SWING)
Simple structure trading using previous dynamic support.
To some the pattern is invalid due to ratios on the right wing. But upon observing our chart a rally is what we are looking for to complete our H/S
Underlying trend is SHORT
Upon the process of rallying up to structure price formed a potential pattern that deems a good risk/reward
Before entry always look for confluence in favor of your direction.
just simple structure trend trading.
Going long for our pattern entry.
Small scalp against underlying trend. initial direction SHORT