Hi, fellows i am looking for short on NZDJPY. Watch for price action under trend line and look for sell. in case price break up then i will look for change in pattern and structure. Follow me for timed entry on lower time frame.
Hi fellows i am expecting longer term short from the top and short term buy from current price. Currently price has broken the trend reversal pattern on lower time frame i am watching for trend continuation pattern if i will see trend continuation pattern i will update the idea.
Although both patterns formation is quite same.
1. Ascending broadening wedge ( Trend reversal pattern )
2. Expanding triangle ( Trend continuation pattern )
Ascending broadening wedge forms with the divergence. If 1st impulse is sharp then it gives signal that trend is going to reverse.
Expanding triangle ...
Hi fellows, Price is just heading to the downside. If trend continuation pattern appears then look for sell setup. I am expecting trend continuation pattern on lower time frame if i will see that i will update this pair.
Hi fellows, I am expecting breakdown of this corrective structure and continuation to the downside. If price break down with sharp candle then look for sell on pullback and clear breakdown. If i will see trend continuation pattern on lower time frame i will update the idea.
Hi fellows, we are tracking this bullish wave from bottom channel line after trend reversal channel breakout. Currently price is forming corrective daily flag. We were expecting this corrective flag before its formation. This corrective flag almost has completed and i am expecting strong breakout to the upside. In ...