SaccerWave

SaccerWave

GBPUSD Sell breakdown,GBPUSD is setting up for breakdown

SaccerWave

We have some key area's to take a look on. But remember that its important how do we get to this area's. Remember that EURGBP is quit wicky so I prefer a risk entry instead of reduced risk entry but when the moment is there and the reduced risk entry give me a great opportunitie to have structure as a shield then I won't worry about my entry type.

SaccerWave

Big expanding pattern. With a clean impuls correction now forming a clear correction/ascending nature. Price is now at a mini double top and can come down from here but I want to see a clear rejection first before taking it from there. Another touch on the trendline so the third touch would be solid for a risk entry if we can get there corrective or with...

SaccerWave

Lets see how we open tonight and see how volatile the monday would be. if we close impulsively on the daily out of the pattern then a small flag would be okay. A bigger continuation or another touch on the trendline or double top would be more solid for the risk to reward.

SaccerWave

The HTF shows us a big double bottom to look for some upside potential but if we look how the pattern ends we can see a big bearflag that had the potential to tag the low again.

SaccerWave

This is such a clear structure. Really intrested in the third touch with now the middlesection in progress. we can always break the rayline and form continuation but that has to be comfirmed by a 1H flag. A double top would be solid for a better risk to reward and always remember that the HTF can take over and we pop to the upside.

SaccerWave

Price rejected strong from the outer structure and now formind continuation that is even visual on the HTF so thats so key!

SaccerWave

Still enough room to fill for the downside move. Lets see what type of continuation we can get to take a scale in. I think its more probable that we can get a bigger continuation because we are almost in the middle of the run. But that would be solid.

SaccerWave

Still enough room to look for a short term sell, even untill the low of the pattern there is enough potential. And if we break then we are in a great possiton. looking for any continuation

SaccerWave

Price is now at a small double top area, price can come down from this area and break tru, but the ideal senario would be that price forms a middlesection in the begin of the week to create a third touch. But we know that price don't have to do what we want so be prepared.

SaccerWave

This continuation pattern combined with the trendline would be solid for the next impulsive leg down.

SaccerWave Updated 

Ascending chanel so i will looking for the 3rd touch and price to make a pattern TO DOWN

SaccerWave

if we use a pattern separation then we can see that we already have an impulse down and an expanding pattern alson we have impulse down

SaccerWave

AUDNZD IN HTF i am look for larger flag to take an entry on short

SaccerWave

WE EXPECT A MOMENT OF CORRECTION TO FORM THE HOUSE 3 TOUCH THE STANDARD AND THEN WE LOOK FOR A POINT TO SELL THE

SaccerWave

If you look in a shorter time, the price has formed a bear flag shown in a confirmation of the reversal of the trend and if the price is more in a short period and it is possible to observe a double top, we expect a continuation of a low in the short term

SaccerWave

TAKING INTO CONSIDERATION THAT WE ARE IN A LOW PRICE TREND WAS AT A LEVEL CONSIDERED FORMED A DOUBLE TOP WE LOOK SO AT A LOW IN THE SHORT TERM