Large Wyckoff reversal model.
- Price is trying to break the trend line
- Price is forming a triangle
- The price made a false break of the lower boundary of the sidewall
- 12-month timeframe shows fractal reversal with three bars
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a...
Technical Analysis:
- In weekly, EURUSD is doing wave ((4)) in black
- In short term, EURUSD is doing wave 2 in red
- H1 right side is turning down
- H4 right side is up
- Weekly right side is down
Technical Information:
- If you're a Swing Trader, you can sell wave ((4)) in red around 1.16
- If you're a Position Trader, you must wait for wave ((5)) in...
hi . i think the price is forming a bullish shark pattern in monthly time frame
you can search about this pattern in google
Fibonacci point 0.886 is in line with the long-term price trend line
I expect this point to stop the price from falling
This is just a theory
And it is not an investment offer
SNIPER STARATEGY
EUROUSD daily timeframe
I want to show you this strategy have huge potential to forecast anything on the chart
believers will be rewarded with huge profits
Speculative sentiment index is around 25% hence our advise is to find only long scalp entries in smaller time frames . Price likely to continue in the 100 pip range (1.2130-1.2250) with a minor support around 1.2100 ( EMA 50 area) . Breaking 1.2250-70 range top will push the price towards the major resistance around 1.2370.
Trend : Range
Signal : Long Scalp in...
Stop hunt spikes near 1.2250-1.2310 handle is possible since the speculative sentiment index is around 20% and price is consolidating in a 100 pip rage. Upside breakout is unlikely with lack of catalysts- data numbers and holiday. An eventual test to 1.1975-1.2050 area in possible before any further gain.
Trend : Range
Signal : Short Scalp 1.2250-1.2310
Stop...
EU daily chart demonstrates a growth channel since march 2020. The candles bottoms got up. As you see the alternating behavior in this channel. I see this downward movement is not only a bearish trend but also is natural. Now the support zone 1.1875.1885 can play an elevation role for EU. So If this support breaks down, we lose this channel and face a deeper...
After successful BAT A very big bullish Shark pattern:
Hi folks, hope you are doing good. In my previous article on September 2019 I predicted that soon the balance between Euro and US dollar in the Forex market will be changed. As euro had formed a complete bullish Shark pattern against the US dollar pair.
Before this Shark pattern we can also examine that from...
After careful analysis and chart pattern recognition I have identified an opportunity to take yet another short position on this EurUsd currency pair. I have spotted a weekly high resistance near the 1.17100 area with some consolidation is seen at the 1.16400 level. I am short on this pair with a downside target #1 at the 1.14500 level and a target # at the 1.1300...
A bullish bat pattern has been indentified on the M15 chart. Entry level is somewhere around 1.05049 with TakeProfit to be set on 1.05297 and StopLoss to set on 1.04955. Risk/Reward Ratio of 1:2.76!
