Hello everyone:
Also on my watch for remaining of the week is GBPUSD.
From previous bearish setups, price implosively push down aggressively,
After hitting a higher time frame swing lows, there signs of bearish momentum slowing down.
A potential double bottoms on the higher time frame, with a falling wedge bulllish reversal, that leads to a LTF impulse...
Hello traders:
AUDJPY is showing more downside possibility, and we can certainly expect more JPY pairs to gain strength.
From the higher time frame, price formed double tops, H and S pattern and strong bearish reversal down.
On the lower time frame, price start to develop more bearish price action, with impulses follow by corrections downward. Good signs...
hello traders:
USDCHF has a nice bearish development in the last week.
WE can see price has moved up correctively to the top of the higher time frame channel structure, formed an ascending channel.
Within, we can see lower time frame head and shoulder reversal, and price had a strong bearish impulse phase down.
Latest development shows a possible...
Hi everyone:
GOLD hasn't been on my watch lately, as I thought price hasn't develop anything that would fit my plan to enter.
Now, the recent development is interesting and we could potentially get some bearish bias in the market that can confirm downside.
What we are seeing here is some pattern separation of the price.
After the initial bullish up move,...
GA has been moving corrective inside this channel. Taking advantage of this choppy sideways movement with 2 Profit targets in place to lock in profits on the way up. I will be removing 100% of the risk when the 1st take-profit has been reached.
