TradewithDann

TradewithDann

hi traders, on the daily timeframe we can see price action potentially creating a head and shoulder formation. Which is also at the top of a channel as added confluence and also at a very strong weekly resistance level. await completion of right shoulder, neckline break and retest to enter

TradewithDann

hi traders, lower timeframe, its broken the uptrend and is now retesting that. As a added confluence it also corresponds with the downtrend line it has also pulled back to 0.5 region which is a good area for pullback before continuation lets see what price action does

TradewithDann

hi traders, on the lower timeframes, we can see price made a falling flag pattern (bullish indication). it has broken out and retested. I expect price to push to test previous highs

TradewithDann

hi traders, await breakout and confirmation to enter see chart for details goodluck

TradewithDann

hi traders, price is making rising flag after bearish impulse, i expect price to retest the daily uptrend before retracing to the 0.618 fib region await price action and candle confirmation for entry potential sell down to daily trendline.

TradewithDann

hi traders, buy on breakout and retest of structure - lets see what price action does next week! check chart for info

TradewithDann

hi traders, await break of head and shoulder neckline and retest, followed by engulfing candle for confirmation. 1:2.5 RRR

TradewithDann

hi traders, see chart for detail await price action to give us confirmation

TradewithDann

hi traders, price has reached a key point on the weekly timeframe (0.7 fib region) which also correlates with the top of the uptrend line. will price action now push lower and hit the 0.5/0.6 region on the 12H timeframe which is also a key support area

TradewithDann

hi traders, await structure break and retest for second entry lets see how the markets are this week

TradewithDann

hi traders, price has done a nice rejection of the white support highlighted it has also formed a bullish flag structure - await price action to enter goodluck

TradewithDann

hi traders, eurusd is due a drop as it has been in a long uptrend since may 2020. its also created a bearish flag pattern within a higher channel structure

TradewithDann

hi traders, price has created a bullish flag pattern on 4 hour. also at a nice support level, price could push up. If it breaks structure then price could test the 0.5 fib region

TradewithDann

hi traders, price has created a nice double top on the daily timeframe also at a big resistance level i expect a retracement to retest the uptrend line which also corresponds with the 0.5 fib

TradewithDann

hi traders, price is at the top of channel now on 4H. also made a bearish flag on the 15m timeframe, price should head down

TradewithDann

hi traders, looking at the 4H timeframe, we can see price is at a nice resistance level also created a double top which is another confluence for a impending drop

TradewithDann

hi traders, expect price to test the highs of October if it breaks top of structure

TradewithDann

hi traders, Price has created a double top which suggests bearish movement as an added confluence price will push down to test the structure. If price breaks structure, i expect more of a bearish movement down to the 0.618 fib region