A head and shoulder pattern can be formed in the next few days if the price respects the trend line before the price falls.
Shows a gradual weakening of the bull's momentum in the high time frame (weekly and month) because its highest price (triple top) has been reached again. So it is possible for the price to drop until it reaches its low price and the bull...
Weekly and Daily TF shows Bullish Trend with good Higher High and Higher Low.
I believe when there is an Equal High in the market there will be a Liquidity Grab! This chart demonstrates this.
The price is currently mitigating in the Demand Zone of 1H TF and the price can reach the 15m Demand zone, and it will go back up.
Look at the lower time frame for a good Long Entry.
The market is making a Head and Shoulder Pattern on the Weekly and Daily TF. I also saw that the 1D Demand Zone was mitigated and pushed the price until it reached the height of the Right Shoulder.
It is possible that the price will go down to the demand zone and form a range and go straight down to the second zone (Drop-Base-Drop).
It is also possible after the...
Uptrend based on a DTF.
I'm looking for LONG
at the top of the 1HTF Demand Zone
after they grab the Liquidity at EQL.
And targeting the PSH 1D.
1:10 RR
20:200 pips
I just wanted to share this not to impress others. I'm NEWBIE and I want to know if I am doing it right, feel free to comment here and tell me if there is something wrong with my analysis.
I saw resistance at the top and it reached near 0.89800 and finally dropped to 0.88000. It is close to the Demand area of 0.87900-0.87600, so push it up to 0.89300 and slowly...
