PadroFX

16:18

PadroFX

I am currently looking for long term sells and short term sells, currently i am waiting for a third touch to form then execute or if the price breaks the structure I will then dwell into the lower timeframes to find a continuation pattern to the downside.

PadroFX

We are in an ascending channel, but price has not given us the three touch confirmation. So we anticipating that price go to the upside to give us the third touch before the sells could take over.

PadroFX

We are able to identify an ascending channel on the weekly chart. On the 1H Chart I am expecting for price to be bullish and create a double top before it changes direction.

PadroFX

Price created an ascending channel on the weekly chart and broke the channel impulsively. As we scaled in smaller timeframes, I was able to see that price broke our ascending channel impulsively, we are now waiting for price to create a clear pattern before we execute on our sells.

PadroFX

I am expecting TESLA to be bullish, Price gave us a descending channel and we therefore got our three touches at our support trendline. So I will be expecting price to be bullish and complete the pattern before it changes direction.

PadroFX

Anticiapting for the market to be bearish, price gave us an ascending channel at our highs and a double top was created. The candlesticks gave us an entry.

PadroFX

Price gave us an ascending channel, we got three touches and confirmed our entrie with a retrace candle. But there is a possibility for price to be bullish to complete the double top formation. We now focusing on the market structure. If price shoots up will simply evolve and look for new opportunities. But my overall bias is that we looking for sells because our...

PadroFX

Looking for buying opportunities, as we can see that price broke our pattern impulsively and we now in a correction. We anticipating for price to go to the upside.

PadroFX

We got an impulsive to the downside and got a correction. We therefore got an ascending channel and price created a double top. Price gave us a Retrace candle as our entry.

PadroFX

Expecting for price to drop before it's rejecting to break the 92.193 zone, so we are anticipating that this price should complete the 90% Rule before heading up. If price continues dropping and passes the 90% Rule, we will then expect price to drop to form a third touch before changing direction.

PadroFX

Price may still to the top before respecting the setup, we got 2 touches at the top so price may for a 3rd touch or a double top before being bearish. We got an ascending at our resistance trendline and price didn't break our pattern impulsively so it will go back inside the pattern and head up before it's overall direction.

PadroFX

Price may still trickle its way to the downside, since got a double bottom at our resistance. Price may be bearish to form a double bottom before being bullish, we will be waiting for a pattern before executing our trades.

PadroFX

Price gave us ascending channel at our resistance trendline(Formed as a third touch). So we will be expecting for an impulsive move to the downside, Price may complete the 90% Rule or furthermore go the downside to form a double bottom. The overall move for this pair in a bigger timeframe is bearish.

PadroFX

Price gave us a descending channel, so we expecting that price will be bearish for a short term and it will trap the sellers by creating a bigger descending channel passing the support level. The overall market is bullish,

PadroFX

Price has been creating ascending channels and failed to perform and secondly it created a bigger ascending channel and price broke impulsively, so we expecting that this pair completes the 90% rule before it changes direction. Price created a double top on the 15M chart.

PadroFX

NASDAQ gave us an ascending channel within an ascending channel, we got the the ascending channel on the weekly chart and the daily chart. Price broke the daily channel impulsively on the 4H chart. So we anticipating that NASDAQ will complete this pattern before it changes direction

PadroFX

Price gave us a descending channel. We got a rising wedge on our support trendline, so i have placed a sell stop. looking for sells.

PadroFX

Wait for the 1H candle to close then execute your trade. Price gave us an impulsive move to the upside and we therefore got a bigger descending channel. It has reached our trendline support with multi-touch confirmation. Price is at our support level, which it created an ARC nature. Bullish momentum will be taking place.