Descending triangle is being formed on the daily timeframe which is a clear indication that downside momentum is likely to continue or become even stronger. This gives us the opportunity to make substantial profits over a brief period of time going short.
Inverted Head and shoulder pattern formed on higher time frame. also price has reached its lowest point on the fibinacci levels so far and the bears has not been able to push price lower, we could see a possible bullish Breakout soon. My Tp and sl are on the charts.
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Clear triangle pattern formed here signaling a break out, and looking at volume data it shows that sellers are in control of price here. I expect price to drop significantly on Larger time frames, remember guys that the market goes wherever direction it wants to, we just have to follow price action and make sure we keep a good stop loss, have an awesome week...
X marks the spot, Short BTCUSD, entry point, TP and SL are on the charts.. happy tr@ding guys :)
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Cup and handle pattern is one of the strongest patterns I have ever seen. This pattern doesn’t forms on the charts too often, because unlike the other patterns like triangles, head and shoulders, rectangles it takes a long time to form. However, when formed it is so reliable and strong and generates strong and profitable trade setups. Right now we're still
waiting...
right now price is consolidating on weekly support and price has created a new higher low since the last most significant low on this time frame. my decision to go swing long was also backed up by volume data since the beginning of December 2018 indicating more buying pressure.
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4hr chart showing significant support zone , trend lines and fibinacci retracements, price is currently getting into a tighter zone indicating a possible breakout soon.
falling wedge pattern formed on the daily time frame signalling a potential reversal for the bulls to come in, price is also at a significant support level which is another factor to note. why am i short on this trade?, on this same time frame you will notice price is also on a downwards trend channel and there are certain fundamental reasons why i choose to go...
There’s a possible short trading opportunity on this pair, my entry, stop loss and take profit are on the chat
CADCHF
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On higher time frames you’ll notice price is still bearish but we’re still offered a really good scalping opportunity, On the 4hr chart you’ll notice a double button was formed signaling a reversal, my entry point, stop loss and take profit are on the chart
EURUSD
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On the daily and 4hr time frames, The pair is currently at a resistance level and seems to be on a trend channel, My entry level, Take profit and my stop loss are all on the charts.
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The market is currently consolidating, and In an uptrend if the bearish retracements becomes smaller and smaller this is signaling that there are less and less people willing to sell meaning the bulls will soon push the price higher and start a new up trend
