USDCAD has seen Higher Highs ( HH ) and Higher Lows ( HL ) being made on the Weekly and Daily timeframes for a good while now with 1 or 2 Lower Highs / Lower Low fake outs to pull sellers in, however this pair remains bullish. An Inverse Head & Shoulder pattern can be seen on the Daily timeframe which was formed aggressively on the 1st of March. This broke a...
On the usd/eur setup, I see price has reached a minor resistance zone. Delving into the lower timeframe, I see price makes a minor ascending channel with HH's/HL's. I am hoping price touches resistance zone and reaches first take profit.
price is in a symmetrical triangle while going through a consolidation period. On the lower time frame, price seems to be reaching a resistance zone while creating HL's and HH's. I am waiting for price to retrace to the newly formed minor support zone to create a new HL so that I can go long until than.
on the gbpcad weekly, price seems to have hit major resistance zone. Possibly a h&s pattern could occur. Going down the daily and 4 hr chart prices has seemed to have made HL's and HH's. HH has seems to have touched major resistance zone and I now believe that price will start the create LH's and LL's if it breaks out of the trend. Plus ma crossover at the...
on the gbp/usd. I see an ascending channel on the 4hr timeframe. overall bias is bullish with support line being respected multiple times and price is forming higher highs and higher lows, I am hoping price creates another HL to support my idea. 4hr/1hr timeframe shows a lot more of the channel and a lot more in-depth details about entry and take profit.
Gold and silver daily pullback will continue to push this miner lower. The metals shouldl not break the daily impulse, but miners cannot take the pressure after only 1 impulse up. Trade at your own risk!
HECLA MINING COMPANY SHORTING OPPORTUNITY TARGET: 2$
Hello Everyone, I appreciate the feedback that I have been getting this past couple of weeks and something I that I been wanting to share with y'all is one of my confirmation. I know you will do your own independent reseach on this and I wish you the best in your trading Journey. Thank you. Ps. I'm looking for a new HL point to get a new HH.
Bought HL here with a break above the previous highs. CDE looks the same.
Forming HH,HL on 30 min & 1 hr timeframe All indicators supports upward movement. Comment your ideas.
UJ CONTINUE THE UPTREND, RETESTED SUPPORT LEVEL + FIBB 61.8
Bullish ascending triangle since 15 march, might go above current resistance @ $6, bullish engulfing on 7 June
NOTICE HOW MARKET CLOSED UNDER PREVIOUS HH,HL . HH,HL REPRESENTED BY THE RED AND GREEN FOR LH,LL . MAKET STILL UNDER 50EMA. LOOKING FOR MARKET TO TEST 4H SUPPORT AND BREAK TOWARD DAILY SUPP . LOOKING TO TP@1.618FIB
After a parabolic run-up it appears HL has done a pretty standard H&S pattern. If you look at the hourly, after the initial neckline break there was a clean backtest. Currently we are looking at the first real back test on the daily timeframe. The target is roughly $2.75. Monitor for break of recent retracement and enter with a stop above the neckline.