The blue triangle (lines W and X) forecasted a $2.50 cent move upward. Bottom of the current red rectangle (lines Y and Z) touched long term support line A (green). As the bollinger band squeezes, the rectangle forecasts a move of $1.90. We could find resistance at long term support line B (green) as well as diagonal trend line 1 (black) If weakness ensures...
Should satisfy conditions from the precending trend Fib confluence
As usual, our style of Trading : Anyside Breakout in GBPUSD, we take the trade with proper stops. No Direction predictions We Enter Breakout direction with proper stops On False Break , Reverse the trade During volatile times there will be single directional breakouts only. Check your trade plan & risk before taking the trade, Happy Trading :)
I think i see the chart of audusd has formed a rectangle pattern, and i think it probably to go down because of price action
ABCD completion , I am going short on GBPUSD with a stoploss above the brown rectangle around 1.2950
This stock has formed a top rectangle with a preceding upward trend. If stocks breaks the top of the rectangle it should go up. PLEASE THIS IS NOT INVESTMENT ADVICE . TRADE AT YOUR OWN RISK
Since december HSY trended up until Febrerary 9 where it began to form a reactangle 2.5 MONTHS). If prices breaks the top of the rectancle it should go up. TRADE AT YOUR OWN RISK. I would enter if price goes above 110. with a $2.4 TP
Consolidation Rectangle Breakout and Trend line breakout confluence. Short to key level. CAD to strengthen following oil price increases. Wait for retest of rectangle
i will be looking to short on cross of 137.34 with SL at top of rectangle Target 1:1 Ratio
rectangle waiting for broke and open position
Are we ready for another down move?