marko66

marko66

downtrend that respect trend line followed by double bottom price pattern. trend change or major trend correction possible.

marko66

trend change or major correction possible after double top price pattern formed in up trend

marko66

supply weakens as demand increases in down trend followed by a double bottom reversal pattern breakout. potential trend change possible.

marko66

down trend weakens as supply weakens and demand increases followed by a double bottom reversal pattern breakout. potential trend change possible.

marko66

gbpcad pair has been making lower highs and lower lows signifying a down trend . supply gets thinner after each retest of trend line resistance and demand gets stronger as buyer orders outnumber sellers . double bottom pattern breakout at the end of downtrend leads to a trend change.

marko66

up trend dies as buyer interest runs thin due to fat price. double top forms signaling a solid supply zone as sellers out number buy orders . price breaks previous higher low ,out of double top neckline. major correction or trend change possible.

marko66

double top formed after an up trend . buyers are showing less interest. trend change possible

marko66

buyers drying out in uptrend, bears in control as price breaks previous swing low. clean short . arrow aimed at 1R.

marko66

bullish swing pattern .