SamuelHiggin

SamuelHiggin

Trend line break. Head and shoulders pattern.

SamuelHiggin

Touch of the trend line and break out of wedge pattern which is being retested. Being aware of news due out.

SamuelHiggin

3rd touch of trend line and wedge pattern forming, should wait for a nice breakout but i have entered.

SamuelHiggin

GBPCHF at strong support with bullish pinbars on the 4h timeframe indicating a reversal. We have now broke out of a descending channel and retesting the the trend line where we can look for a long position up to the resistance area.

SamuelHiggin Updated 

This pair continuing its downtrend and breakout out of a wedge pattern once nearing the trend line. Head and shoulders pattern also formed and price has now broke out, a retest of the neckline is likely before continuing to drop.

SamuelHiggin Updated 

Head and shoulders pattern has completed and i am expecting a break of the neckline, retest and if the retest occurs i can then look to add another short position on this pairs. I am targeting the ascending trend line which has been holding strong since April, 2018.

SamuelHiggin

Every time price has hit this trend line, the area targeted for this trade has been hit. Weekly candle closing as an inverted hammer. Previous price action on the daily chart shows that price has had two touches of the trend line, forming some sort of W structure, sometimes a double bottom which has now happened before the bullish movement. Very nice risk reward...