price broke descending wedge pattern and failed to break prior structure high to create a new higher high structure but since I'm bearish on the dxy I'm still looking for longs on this pair.. now there's a bullish head and shoulders pattern inside the descending wedge pattern and a symmetrical triangle pattern, looking for a break out in up side direction and...
Price hit resistance level on the Weekly and gave us a bearish engulfing on the Daily
on the 2h I see a broadening wedge pattern... Waiting for the break and retest of pattern to catch some pips to the down side
price formed an ascending parallel channel and it looks like resistance level is trying to hold price
for a bearish scenario I want to see price bounce off resistance giving us a double top pattern and break neckline after that I'll look to enter on a retest...
Price just touched Weekly trendline, Daily Resistance and Daily 100MA. Now what we have here on the 4h is a rising wedge pattern showing bullish momentum is about depleting
Stops and Targets are made visible in the screenshot above. Have a profitable trading week!
price broke into support and I waited for a pullback into supply zone, price pulled back as expected and I again waited for a sell confirmation... Price gave us a long/strong bear candle 7/10 times price retrace before continuing in it's expected direction. I will drop down timeframe and try to catch the move.
Stops and Target are made visible in the screenshot...
Price broke descending wedge pattern waiting for price to retest trendline and support level where we have our 0.618 Fib levels and demand zone
DXY playing out as expected waiting to see what happens next