We are looking for the head and shoulders to form. Price looks like it is reversing at the same level as the left shoulder. We will take our first trade now at the right shoulder. Once price breaks the neckline we will wait for the re-test of the neckline to enter our second entry.
We can see price has started ranging after the breakout of the long downtrend. We will use range Trading Strategies until price breaks out, either up or down.
We can see price was getting squeezed, But then a double bottom formed and price reversed to breakout of the squeeze. Price has to come down to re-test the breakout for our entry 1. We will enter the second time when price breaks the ceiling and comes back down to re-test the ceiling.
We can see a nice head and shoulders pattern form with a new higher low which shows us bullish bias and also shows us that there could be a new higher low forming.
We looking to follow the trend down after breaking out of the long uptrend squeeze that we had. We looking for sell setups at the trend line.
We can see price creating a channel at the bottom of the major channel. Price should push up a couple pips to re-test the trend line and resistance area. We looking for a breakout of the smaller channel (The RED one).
We can see price has been trending down and obeying the trend line. Price has now been rejected at the trend line giving us reason for entry. We are looking for sell setups on this pair as we follow the trend.
Price has been forming Lowe Highs and Lower Lows confirming a Downtrend. It has also formed a channel, therefore we are looking for sell setups at the top of the channel ONLY. We do not trade against the trend.
Long Term Prediction, need to see a reversal candlestick patter to form new low for trade to be valid.
We could see that the EURUSD broke out of a long downtrend and has started forming higher lows and higher highs. This is evidence of price turning around and picking up bullish momentum. We are looking for a new low to form for our entries going forward. The stop loss is under the previous low, because if price goes past that area that is forming a new low which...
Price is trending downward so we keep playing the trend and selling on our way down.
We can see clear patterns forming by analyzing the waves and the patterns that they are making.
Clear breakout of an uptrend has given us a solid channel that is pushing downwards. We can find sell positions at the new lower highs and take profit at new lows.
Price was trending down, but broke out and re-tested and is now forming a clear Head and Shoulders pattern.
We can see that there has been a breakout of the uptrend on the daily time frame. On the 4H time frame we can see that price is trending downward in a pattern. We look for short opportunities at the trend line.
Price has broken out after being squeezed on the daily and 4H timeframes. We could see a clear breakout and re-test. Price is now trending upward in a channel. Follow channel rules and by at the new lows and sell at the new highs.
H and S Formation. We looking for a break of the ranging area at resistance. Sell position will be valid once price breaks out of the range.
Head and Shoulders formation on the 4H time frame at the Daily support level indicates for a reversal. Hammer formation on daily time frame at support level. Zone to zone trading strategy used.