3rd consecutive 61.8 retracement. Going long and hard in this one. Not going to be greedy, so im looking to take profit around the 23.6 area. Waiting for a break to confirm, and or a nsl (new structure low) on the 4hr chart
Just a out look on USD JPY, still on a down trend until previous HL are broken. I would love to hear others analysis on it as well.
This is the start of a down trend. C leg is already in effect.
Looking for a confirmation for a sell (Still on a downtrend on the Larger time frames). Gartley pattern has presented itself.
Nice engulfing pattern formed on Day chart, throwing wicks to the 61.8 on the day chart. 1:2 risk.
Please give opinions. Criticism and opinions taken well.
HEAD AND SHOULDER SELL THE NECKLINE BREAK
From yesterdays analysis (NU) Waiting for necklines to be broken and confirmation for a sell. Catch the down trend
Wauting for a break down and start a downtrend long term. Check out yesterdays analysis on NZDUSD Going as planned
WATCH FOR THE BREAK ON THE 2 RED TREND LINES ON THE 1HR & 4HR CHART
WAITING FOR A BREAK THROUGH, OR A SIGN OF A REVERSAL. AT THE 78.6 FIB LEVEL US NEWS IN 30 MIN.
BREAK OUT JUST HAPPEN AND NOW I SEE A DOUBLE TOP ASWELL Im a beginner, give feed back if you can
wait for the break out and potentially a retest. (NOT A HEAD & SHOULDERS UNTIL NECKLINE IS BROKER