Weekly: From a weekly perspective we have a market that has created an Impulse-correction pattern respecting the weekly 61.80% level. Daily: On the 4H chart we ca clearly see a break of previous structure, so we expect price to make another lower low. 4H: We could have a Natural M pattern acting as our confirmation to enter this trade.
- I want to see a descending channel touching the 61.80% FIB and the weekly support level before i go long. - We will create a reverse head & shoulders.
Hello traders, today we have an interesting scenario for Gold. After being in a corrective phase, price finally broke impulsively (break falling wedge). i expect price to fall all the way to 1490, before making a nice impulsive move to the upside. Once we hit our entry zone i see price touching the 1600 level.
After breaking the daily Ascending channel we got a pullback to the previous low that formed a beautiful M-pattern, also on the 4H timeframe we had higher highs and lower highs that eventually got broken.
hello traders today we have a new trading idea for EURJPY, We have a strong support level that created a reverse head and shoulders pattern. i expect price to reach the -27 fibonacci level.
Hello trades, After breaking the previous high NZDCHF finally broke the downtrend. now we can expect price to make higher highs and lower high towards the beginning of the correction.
Hello trades, AUDUSD is currently in an ascending channel witch happens to form a head and shoulders pattern on the 4H chart. Once we break the channel we will have our confirmation that price will reverse and continue to the downside. Send me a DM to know exactly why i set a sell limit on that level.
Hello traders, today we have something different then forex. Bitcoin broke the daily falling wedge this means price will make a nice retest before exploding to the upside (13,800). Expect price to retest the trend line that is holding price in a current uptrend.
Hello traders, in today's post i will give you an update on the dollar index: On the daily timeframe we finally broke the Ascending triangle. We are retesting the previous broken trend line. Price in this example is forming a natural W-pattern. I expect price to fall completely to the beginning of the correction. This will cause pairs like gold to make a nice push...
We have a break of the 4H flag pattern. I expect price to go down to the daily support. once we break that level we can add another position.
After breaking the 1H trendline, we made a pullback which is still resting. i expect price to reject the trendline + fibonacci level before making a bullish impulse.
After breaking the 1H trend line we made an impulse to the downside, now EURGBP is resting toward the broken trendline. I expect price to touch the trend line before dropping to the -27 fibonacci level.
we broke the 4H trend line and we are now retesting our support level witch happens to be on the 61.80% fibonacci level.We can also see a natural W-pattern for more downside momentum. Trade can be executed at the entry zone. (ONLY RISK 1% OF YOUR CAPITAL!)
After touching the mayor 4h support level we can see a double bottom + price rejection
After the impulse of Nzdusd we can see a relief! market is now going to make another relief after breaking the bullish channel.