We have a potential 3 touch continuation pattern and price could possibly move towards that third touch in an ascending pattern, will be looking for a risk entry at top of the third touch
Price is moving towards the third touch of the ascending pattern, and will be looking for sells. Will potentially capitalize on short term buy if shown clear continuation
Im expecting price to create some type of continuation to the downside. Main things im looking for to get in a trade is an obvious bear flag, symmetrical triangle, pennant, then wait for 30m/1H retrace candle inside the pattern and ill set my entry . Price could move correctively to that bottom support area if so ill be looking for short term buy.
Im expecting price to correct back to the top resistance to make another push down. if it breaks the daily support then ill be looking for continuations to the downside.
EURUSD is looking very bullish on weekly timeframe, If we get a break and retest of the weekly resistance then we can be looking for longs to the next high, however we have a 3 touch ascending channel at the top of weekly resistance so price can possibly sell to the start of the correction
GBPUSD has started weakening as its approaching weekly resistance, If a daily candle closes below the daily structure then we can be looking for a short opportunity after the restest
AUDUSD approaching strong weekly resistance, If a daily candle closes below the daily resistance we can be looking for shorting opportunities after the retest
