WrightNash

WrightNash

Price reversed from ascending channel and formed a retracement that is showing resistance around the 0.618 fibonacci level. Price has potential to move lower towards 1.618

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Price formed a head and shoulders pattern on the daily chart, signalling a short set up Price has potential to move lower Awaiting break and retest of ascending trendline for entry

WrightNash

Price formed a rising wedge,broke out of ascending trendline and is currently retesting broken level. Price is forming a bearish corrective structure and has potential to reverse and continue downward move. Will be looking for short set ups on lower time frame.

WrightNash

Price broke out of ascending trendline. Made a retest around supply zone then broke out of corrective structure. Price has potential to move lower.

WrightNash

Price broke out of ascending channel, retested and formed a corrective structure then broke out of said structure. Price has potential to move lower as shown above.

WrightNash Updated 

Price short up from demand zone and broke through supply/resistance zone. Price currently forming a correction around resistance level and has potential to move higher. Awaiting buy confirmation on lower time frame for entry.

WrightNash Updated 

Price broke out of bearish corrective structure confirming sell set up. price has potential to move lower towards both targets.

WrightNash Updated 

Price reversed from supply zone and has potential to break out of an ascending trendline. Price has potential to move lower. Awaiting breakout of trendline and a bearish correction on lower timeframe for confirmation of trade.

WrightNash Updated 

Price reversed from top of ascending channel is showing divergence on the MACD Price has potential to break ascending trendline and move towards the next trendline. Waiting for breakout of trendline followed by a bearish correction to confirm downmove.

WrightNash Updated 

Price reversed from daily support/demand zone,moved higher and broke through resistance. Price has potential to retest the broken zone and move higher. Awaiting bullish confirmation on lower time frame for entry.

WrightNash

Price reversed from supply zone that is lined up with descending channel. Price then broke out of ascending trendline and has potential to move lower. Awaiting short setup on lower timeframe to confirm trade.

WrightNash

Price reversed from demand zone that is lined up with ascending trendline. Price made a pullback and formed bullish corrective structure. Price broke out of the corrective structure and has potential to move higher.

WrightNash

Price reversed from descending trendline that is lined up with supply zone. Price is currently retesting the zone and has potential to move lower. For conservative entry, await breakout of ascending trendline and a bearish corrective structure on lower time frame.

WrightNash Updated 

Price broke out of falling wedge and has potential to move lower. Awaiting breakout of corrective structure to confirm down move

WrightNash Updated 

Price broke put of ascending trend line. Now restesting the supply zone . If it holds,price will be bearish towards the demand zone.

WrightNash Updated 

Price shot up from demand zone, forming a rising wedge near the supply zone. A potential reversal to the downside could be in play. Awaiting breakout of wedge and a retest to confirm bearish setup.

WrightNash Updated 

Price broke daily resistance zone and is currently forming a bullish correction pattern on 2HR timeframe. Price has potential to move higher towards the next supply zone. Awaiting retest of resistance zone for long entry.

WrightNash

Price broke out of ascending channel that is lined up with support zone. Price has the potential to retest resistance level and move lower. Awaiting bearish corrective structure on lower timeframe to confirm set up.