USDJPY developing a corrective structure, a bearish flag and i am looking for more short opportunities on this pair.
GBPAUD has developed a bearish flag pattern and i am looking for a downside breakout to sell this pair, targets are on the chart.
$EBIO has been getting sold off when it tries to make runs, looking for a spike tomorrow up to previous highs as resistance levels and then I will short it, 4.50 is the nearest half dollar resistance, I will have a loose stop around that area. If it pushes through previous resistance then I will keep waiting for the next bearish sign to short. After the washout...
Hey Guys. As you can see we have a bearish flag in GBPUSD, so we need to keep this in radar and once the breakout happens on downside Enter short positions. We may retest upper n lower trendlines once more before a breakout, its just a possibility. Check your risk reward before entering the trade... Thanks for your support... Happy Trading...
Hey Guys, After longtime I am posting ideas for EURUSD, stopped it for a while as I have concentrated in other markets. Hereafter there will be frequent updates in Fx. Here we got channeling (Bearish Flag ) where price is channeling for past 2 weeks since brexit. Always bearish flag indicates bearish breakout,so I am looking for short chance once the breakout...
EURUSD has broken out of a larger ascending channel from the daily chart, the move below 1.1200 was crucial to continuation of a triple bottom at 1.0500. I'll watch for another test of 1.0900 on the way and maybe take some profit there. If this pair can't stay below 1.1200 then I'll exit or wait for the next set up. See more on this at our website: DayTraders...
Hello Traders, As we are drawing closer to the EU referendum, and a potential BREXIT I would like to post my bias. We have an abundance of confluence supporting a continuation of the overall bearish trend of the GBPUSD. We have the 200 EMA acting as resistance, which has held after being tested on a number of occasions. We are currently at a resistance zone...
10 hour chart shows clear buying rejection from the last couple of days. Furthermore, a bear-flag formed which is a typical sell pattern. Let's see how far it can go before the Brexit. Good trading everyone!
AUDNZD has developed a bearish flag on h1, wait for price to break on the downside to enter short.
Still looking at a bearish move down futher towards the 1.48697 area
CADJPY broke a bear flag pattern on the downside, i am waiting for a retrace and sell patterns on lower tf before going short on this pair.
Bear flag and symmetrical triangle is the same target. The symmetrical triangle usually forms during a trend as a continuation pattern and typically breakout in the direction of the prior trend.
It's a good idea to short gold when breakout trend line.
GBPUSD is making lower lows in recent time and slightly moving up in consolidation forming bearish flag pattern. The breakout can happen in two scenario's, 1) the smaller channel marked on verge of breakout, so GBPUSD can move straight down from here & We have Double top also which is good resistance zone 2) Can pullback upwards to retest the upper trendline...
Sell at point 3 and take profit at target of bear flag.
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