George-Zim

George-Zim

Perfect Head and Shoulders coming up

George-Zim

PRICE ACTION: • In an uptrend, price action finds first resistance (1) that forms left shoulder's high, where it reverse direction and goes downwards till finding support (2), completing the left shoulder formation. • Price action reverses direction from that support (2) and goes upwards till finding second resistance (3) that forms head's high, where it reverses...

George-Zim

Head and Shoulders Forming for Possible Sells For all entrances wait for Retests

George-Zim

Please do wait for retest

George-Zim

Possible retest happening, look for buy opportunities using 5 and 15m candlesticks

George-Zim

>In an uptrend, price action finds first resistance (1), where it reverses direction and goes downwards steadily till finding first support (2), which will be the lowest low in the pattern. • Price action reverse direction from support (2) and goes upwards steadily, till finding the second resistance (3) and completes the cup formation. • Price action reverse...

George-Zim

Possible Buy Hello Traders 👋If you find this analysis useful, please support me with your likes and comments. If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.

George-Zim

>Price action finds first Support (1), where it reverses direction and goes upwards till finding first Resistance (2). >Price action reverse direction from Resistance (2) and goes downwards, till finding the second support (3) which must be higher than the first support (1). >Price action reverse direction from support (3) and goes upwards, till finding the...

George-Zim

1- Price action has formed a broadening wedge pattern which represents a bearish move in price action to the downside. 2- the price just made it up to a strong level of resistance and gave a simple price action pattern ( double top ), pull down is strongly expected. >>In addition to the Tweezer Tops pattern it provides the reasons to expect the price to FALL! ...

George-Zim

Hey guys , here is my analysis on GbpJpy.