umeshwijetunga

umeshwijetunga

Classical channel and retesting position interesting to see whether this would make the movements on the text books

umeshwijetunga

Forming of a ascending channel. Would want to trade on the third retouch. Pending order

umeshwijetunga

Had a long position from last week closed early with profit. Seems like it has completed an ascending channel. Possible double bottom to create a long position

umeshwijetunga

Waiting for a descending channel to form which would give me the sweet buy spot i was aiming from last week. Also possible the double bottom to the long buy option. Keep your eye on this one because its forming a good channel

umeshwijetunga

Probable sell opportunities Possible it could continue from the current market position

umeshwijetunga

Waiting for the drop but patiently waiting to see what the price action will show

umeshwijetunga

Closed the previous buy position with profit Probable long position from the trendline Possible create a double bottom structure I have already placed a buy limit order However waiting for the formation type on the trendline to decide exactly whether to go ahead or wait for the price to drop down more

umeshwijetunga

Now that TP is reached :D Im waiting for possible buy opportunity Probably breaking the existing trendline. If so buy opportunity at the said limits Possible create another descending channel to create a double bottom and create that buy opportunity.

umeshwijetunga

Earlier trade stopped. However it retested and started a sell. Looking for a sell at this point

umeshwijetunga

Forming a ascending Channel towards a double top formation on the blue line

umeshwijetunga

ASCENDING CHANEL TO BREAK AND CREATE A LONG TERM SHORT POSITION PROBABLY TO BREAK THE CHANEL RETEST ON THE 131.100 LEVEL

umeshwijetunga

REJECTION FROM THE TRENDLINE AND CLEAR SELL OPPORTUNITY PROBABLE IT CAN HAVE CONTINUATION AND MOVE ON THE DIRECTION

umeshwijetunga

ALEADY ON THIS TRADE FROM LAST WEEK. PROBABLE TO CREATE A THIRD TRIPLE BOTTOM TO CREATE A BUY OPPORTUNITY POSSIBLE : THE DESCENDING CHANEL BREAKS AND CREATES A BUY OPPORTUNITY

umeshwijetunga

POSSIBLE: REJECTION FROM THE TRENDLING TO CREATE A SELL OPPORTUNITY PROBABLE: REJECTION FROM THE CURRENT POSITION AND TO CONTINUATION

umeshwijetunga

POSSIBLE; DUE TO THE ASCENDING CHANNEL POSSIBLE TO DOWNWARD MOVEMENT TO CREATE A TOUCH AND TO BULLISH TREND TO CREATE A DOUBLE TOP PROBABLE CHANNEL CONTINUES AND TO CREATE DOUBLE TOP AGAIN WAITING FOR THE MOVEMENTS IN THE COMING DAYS

umeshwijetunga

POSSIBLE; DOUBLE TOP AND SELL POSITION PROBABLE: IF ANY BEARISH CHANNEL FORMS ON THE DOUBLE TOP TREND LINE IT WILL GO UP FOR A LONG POSITION FOR A POSSIBLE RENT TOUCH

umeshwijetunga

POSSIBLE: WAITING TILL THE PRICE TO COME UP TO THE LONG POSITION. IF IT DOES IT WILL GO FOR A BUY TO CREATE A DOUBLE TOP POSITION. PROBABLE: PRICE WILL DOWN FOR A POSSIBLE SELL POSITION

umeshwijetunga

Possible: Patiently waiting until GBPUSD crosses the trendline and give a retouch on the same. Willing to go for a buy. Probable: Continuation of the trendline to the upwards