Idea: HeadAndShoulder We don´t want to predict our idea, we want to react, so when the longtrade hit our TP, then we´re looking for some riversalpattern in the 1h timeframe , maybe something like a M- Formation.
Parabolic uptrend. Bullish W formation, upsides expected if the uptrend holds. MACD can be seen to be climbing into bullish territory.
W formation, upsides expected. A parabolic uptrend can also be seen.
Could we be looking at a possible W formation?
Price in a W formation to then go on the larger picture for a M formation. lets see how this one plays out. Patience is key
W formation emas crossed monthly rejected trendline broken With all those confluences i would say that the price is going to continue reversing to the purple area, witch seems to have accumulated orders if we look left been experimenting with wicks regions and seems to have worked out great.
Dear traders, So as you can see we expect NZDUSD to go long. We think it will go long because the markt is now in a strong weekly buy order zone. If you zoom in on the daily chart you can see we are now also in a strong buy order zone that is been filled right now. It will be much clear on the 4h chart, you can see the 4h trendline is been broken en created a...
W forming at lows engulfing candle Previous big bear push watch out for the emas We failed to make lower lows and have a nice rejection candle closing over the previous level, the emas might start to close in after the engulfing candle. If we break i see the price go to the marked level to watch it come down afterwards
Right now on the lower TF we have emas crosing over We already tested the higher TF trend Failed to make lower lows 2nd leg also failing to make lower lows price at support On this set up we are making a bigger W with the final leg of this one also a W, matches my criteria, failed to make lower lows, emas crosing over and we are at an important price zone I...
Even tho we are overall Bearish, i think that the momentum could have died. On the first inner trendline we did form an M in fact, but just over we have the monthly level, thats why I choose to stay out, we previously formed a W after a huge bear push, but not just after a trendline Right now the price is failing to make lower lows and respect the lower counter...
I'm a bit on the fence here -after a big bear push now we formed indecision candle on the daily -on the 4h we are forming a W at the Monthly 110.00 -on the 2h we have the emas already crossing over -We failed to make lower lows So given the confluences I think we should go up to at least the pink level, but given that it is still indecisive i might wait for some...
The price is currently sitting at a daily level We are forming a W where we are making Higher Lows The Emas are starting to cross over Even tho we are not at the trendline, we still are forming this at some important price zone, the price has been struggling to push downwards. A riskier approach would be to just long this, with a stop past the previous wick,...
AS we can see on the 15m chart price been ranging in the green zone. I see a possibility of price going upwards. I see marketmakers create a stophunt do enduce sellers and then continue upwards. Also we have to look at the news base there is coming the forward looks positive so i think this will help to push price up.
Price is stuck in the 15m timeframe in consolidation but if you look good we see an uptrend. Marketmakers will try to induce sellers creating a W formation to then continue its long position.
After a long bearish trend chanal on AUDUSD we have reached now a area of consolidation near the weekly suppurt. We will see a breakout of the bearish trend if we got bearish fundamentels from the USA and good fundamentels from Australia. So be patient a searching for a good entry on a smaller timeframe. I will put my SL near 0,70000 and my first TP near 0,715...
Here is an update to my previous analysis. XRP has been progressing through the consolidation zone and has finally dropped below the previous Daily chart level 1 marker, thus making this retracement significantly deep, as it has currently retraced almost 80% of the initial Level 3 move. In the last 24 hours, price has bounced off major support zone (flip zone)...
EURJPY Bullish Movement Weekly Chart. GBPJPY moves Similar. Only do buy trades for this pair.
W Formation AUDCAD Bullish Movement H4 TimeFrame.