Price rejection at significant downward Trendline channel and form a Tower top price action aiming for major support
Pullback and touching previous low(current resistance zone) Then forming Bearish engulfing SL above trigger bar TP alongside the Fibo level Trade at ur own risk!
Head and shoulder pattern 1st TP should be around the key support 2nd TP at next key support
Nice price structure according to Dow theory, very stable downtrend. 2nd TP is my recommendation, for those who got more patience. Follow me to get more Thankyou,
Breaking trendline with bullish price action Expect for the price to pierce up to the resistance (as sideway)
Evening star price action in important zone(EMA) SL at 50% of trigger bar(+1/+2pips for spread) TP at 61.8% trend based fibo Trade at your own risks!
Price reaches significant Resistant(Previous support in Dow theory) 1st TP will be on the next support zone 2nd TP will be on 50% trend base fibo (optional) BEWARE OF USD NEWS However, on the technical side still represent a strong bearish trend. Winrate 60-70% if there is no fundamental factors come to play Trade at your own risks.
Price hitting important resistant zone and forming Tower Top price action Also breaking H1 Uptrend trendline and forming bearish price action at Retest zone possibly hit TP and pullback then going down to support zone Win potential =50-60% prefer more downtrend breakout confirmation