take a look at gbp usd here ...looking for a push lower to enter a short in direction of the bigger picture rsi divergence in play as well ..could be a good confirmation waiting for a break n close to enter
not every SHS pattern looks like textbook so check out this ugly friend of a SHS at Usd Nok..you can clearly spot a transition in price movement waiting for a neckbreak n close to long this pair
keep ya eyes open for a neckline break of that SHS pattern..if we see a nice break n close there is no reason why you shouldnt enter short
keep your eyes open for a break through support and trendline here for a possible short trade... but keep in mind we need a break n close of h4 candle ... be aware of a bounce from support and continuation to the upside .. letz wait ,see and react
possible double top at usd cad ... we need to break the neck and the trendline before a short will be executed...a bounce and continuation upside also possible so lets react to price movment not predicting it ;-)
sweet SHS formation....waiting for a neckbreak before enter short
interesting set up here break or bounce ....let the market choose its direction as always waiting for a candle close before take an action
letz see what will happen here.. pretty nice down move with a pullback almost to the 38% fib... we have rsi divergence ..price is touching support from h4/daily .. we not hit 127% expansion yet but we also do not hit 38% on the point so just give me a good break of that S/R zone to enter a long position stay patient and WINNING
maybe just maybe ;-) a shs is forming ...break through trendline already done now give me a right shoulder and a neck break to get in... if you seek the risk try your luck in smaller timeframe when a right shoulder is formed ....or you stay patient until we see a neckline break of this small innerTrendline/neckline.. if we break through support the idea is gone...
double bottom with rsi divergence ... i wanna see a push higher through the "flip zone" to enter long into a further bullish move .. break of the lows means we should look for a short and reevaluate
looking to short the double top + rsi divergence formation here ... waiting for support to break to set up a short trade .... breaking the highs means invalid set up
could be a forming SHS here ....again a nice rsi divergence while price formes a higher high if we see the SHS completed and price starts to break its neckline we can get ready for a short ....but its a IF if price goes up we need to reavaluate the the situation and of course keep en eye on the Trendline .... reacting to situations is the key ...not predicting
another yen with a potential short opportunity .. Waiting for Trendline and flipzone break to get in a short position ... confluence by rsi divergence but as always keep it patient and dont force trades....better to miss than to loose a trade set ups are just like trains....... the next one will come soon ;-)
Patiently waiting for a short here .... but first we need to clear the TL and the 87.20 s/r level to consider an entry .... price almost reached daily resistance and we see rsi divergence ..good confluence so far so traders take a seat on your hands and chill untill we pull the trigger ;-)
Looking for a short after price formed multiple trendwaves to the upside ( at least 5 in this case) now we are almost at the daily falling trendline as we see....all we need now is a shift in momenum ..i wanna see a abreak lower ... at least 2 possible entry areas for the patient trader here ...waiting for price to break n close the 2 support areas ( black lines)...
interesting play at Eur Gbp...will we see a break through the trendline and support and further downward move or will we see a break above the last highs with some bullishnes.. i prefer the downward scenario and will look for a short here.. in case the price drifts higher we have to reevaluate the set up stay patient
a potential short here with shs right at resistance with rsi divergence in play after break of trendline i will open half position and add another half after support/neckline break stay patient