johhnyjohn

johhnyjohn

From a higher time frame i could see a reversal pattern forming indication very aggressive possible impulses to sell . More over using a Fibonacci retracement i can see that the 50% can not be broken indication a sell at the double top . Zooming in a lower time frame it is evident to take the sell at a risk entry and the supply lzone , an area of high value /

johhnyjohn

As you can see a reversal pattern with as strong bearish engulfing indication a possible stronger move to go short .The zone is a retest zone with another reversal pattern indication a easy 80 pips in profit to go shirt risking little and getting a greater reward ;)

johhnyjohn

EURNZD ; From A daily chart i see a very strong implosive move down and now in a form or corrective nature . Overall Structure looking a reversal pattern to look for a bearish short position . Within the reversal pattern I see a another same pattern almost identical increasing the probability to drop down at a key level (Resistance level) . From previous market i...