We have a MAJOR KEYS THAT CONFIRMS MY ANALYSIS : DOUBLE BOTTOM AT 0.84999 & SOME REVERSALS CANDLES & COMFIRMED FLAG PATTERNS etc..
A L O H A - Daily in area of scoop pattern creating a double top and currently in a corrections which mean it can still head up and touch the outer trend line creating even better scoop/double touch pattern. Multiple ways this can go but the setup are really clean to me, when price moves i think there will be a lot of opportunities here. Let me know what you...
LOOKING OUT FOR A LONG TERM BUY ON GBPUSD ANY MOMENT AFTER PRICE HITS THE SUPPORT TRENDLINE FOR THE THIRD TOUCH. NB: IM STILL A BEGINNER, TELL ME WHAT YOU THINK OF THE SETUP IN THE COMMENT SECTION.
GOING SHORT ON THE GBP WITH THE 3 TOUCH COMFIRMATION AND A BEARISH FLAG COMING FROM THE 4HR CHART.
A L O H A - Have been watching this for about a week now and momentum has finally picked up. Currently in a tight bear flag heading downward. Impulse early morning while Hawaii traders were asleep, did not set an entry order but okay as the market always corrects. This is a nice potential entry I am eyeing out at the break of the structure or at the top for a...
A L O H A Hey Everyone, looking to short NZDCAD in the next couple hours after the new market day is confirmed and candles closed. D - At a key area at the second touch of a descending channel with an overall bear market. 4 HR - bearish engulfing at top of structure; descending within a descending; engulfing candle which is a beautiful sign this could be an...
A L O H A Hey every one, staying patient to start the week, haven't place a trade for a week now as am waiting for clearer set ups as we are in an overall corrective market IMHO. There are a few pairs I have on watch but am currently only looking at EURGB S. Weekly - Been in a bearish trend since the second week of august. Strong bear market. D - Major impulse...
LOOKING OUT FOR A LONG TERM SHORT SELL ONCE PRICE NEARS OR EVEN COMPLETE THE THIRD TOUCCH ON THE CURRENT STRUCTURE.
THE MARKETIS IMPERFECT, I was hoping for a third hit on the corrective structure but it shortly came to pass. I'm going long.
The market can be seen moving to the downside. However, before moving to the downside, it may very well correctively or impulsively move up to create the third touch of the structure, which may create a running channel by forming a head and shoulders pattern or a breakout, which will move to the upside. It can be seen from the bigger picture that the market...
Market seems to have created the third touch after after an impulse downwards, followed by a correction phase, and a vicious reversal to the top of the structure. What can be seen here is a potential head and shoulders pattern forming. In the 1 hour chart, an evening star could be seen formed, which ticks off another box for the market to impulse downwards. ...