price has been rejected from a strong support point(1.20380)... However, Fundamentally the is still no conclusion of Brexit. otherwise, a good sell setup is on point... There is also divergence on a high timeframe(4hr)
The chart is pretty straightforward. now it's all about finding you're entry-level depending on how you look at the chart.
Reversal Pattern which occurred near strong Resistance 1.30000... The pattern has Completed for entry. I personally think now its the best time to enter just before London Market opens in 47 mins
The price is Retracing from Tuesday"s impulse after Boris Johnson was given an extension by both his government and the EU president. It went 50% retracement yesterday got to 1.29200 where the price started consolidating on small timeframes. There's also a confluence of the structure where support has turned into resistance. On that structure f support, the is a...
Price is retracing from yesterdays' impulse move. Londa session is opening in a couple of minutes... good entry would now especially after seeing the divergence.
IF PRICE FAILS TO GO UPSITE... THEBIG MOVE MIGHT JUST OCCURE ON THE DOWNSITE.
Gartley Pattern may be utilized as for entry point as it occurred within another pattern(double bottom). Double bottom occurred after a long downtrend. this could be a sign of price reversing in this asset.
4 hr double bottom pattern has complete and neckline broken and is currrently being tested. reversal Candlestick pattern has formed on the neckline hence... looking to go long
Both patterns(Cypher and the three dives) completing at the same point may signal a strong future sell. Cypher is not yet completed hence... we can take advantage of the short term bullish trend which should complete the patterns. the was a flag properly visble in a smaller timerame b
basially the price is currently moving within a descending channel as it closed on the resistant zone of it hence, completing a gartley pattren