English: This pattern is found at the peaks of an upward trend and is a clear signal that the preceding upward trend is weakening and that buyers are losing interest. Upon completion of this pattern, the trend is considered to be reversed and the security is expected to move lower. You should wait for the price to break below the key level of support at 0.71489...
English: AUDUSD price just bounced on the down trendline and the fibonacci 61.8. We are expecting more down move if it breaks the blue secondary trendline. Wait for a candle or two before entering the trade. Español: El precio del AUDUSD rebotó sobre la linea de tendencia bajista y también el nivel 61.8 de fibonacci. Estamos esperando que el precio se mueva hacia...
English: Price is making a corrective triangle. The most possible trade is a short because of the long term trend. Although, because it is a symetrical triangle, could break on either way, therefore wait for the breakout before entering the trade. Español: El precio esta formando un triángulo correctivo. El trade más posible es un corto, debido a la tendencia que...
English: 1. The price falls to a trough and then rises. 2. The price falls below the former trough and then rises again. 3. Finally, the price falls again, but not as far as the second trough. The first and third peaks are shoulders, and the second peak forms the head. Now price is reacting with an important resistance level, lets see what happens. Español:...
English: Price broke the structure with a strong bullish candle. We are expecting an up move. Beware of the resistance levels shown. Español. El precio rompió la estructura con una fuerte vela alcista. Esperamos movimiento al alza. Tengan cuidado con los niveles de resistencia mostrados.
English: ALCOA INC was on a daily corrective structure, bounced on the 0.5 fibonacci level and then continued its downtrend move. Price just broke the uptrend line, giving us an enter signal for a short. What do you think? Español: ALCOA INC se encontraba en un zona de corrección en velas diarias, luego reboto sobre el nivel de fibonacci 0.5 y continuó su...
English: These patterns, both the symmetrical triangles on the bullish as well as the bearish side are known to experience early breakouts , therefore hold off at least for a second candle of confirmation to determine whether or not the breakout is for real. Español: Estos patrones triangulares, sin importar su dirección, suelen tener rompimientos falsos, por lo...
English: 1. Rises to a peak and subsequently declines. 2. Then, the price rises above the former peak and again declines. 3. And finally, rises again, but not to the second peak, and declines once more. The first and third peaks are shoulders, and the second peak forms the head. Price made a respective pullback after breaking the neck line, now it is a good time...
English: This pattern is found at the peaks of an upward trend and is a clear signal that the preceding upward trend is weakening and that buyers are losing interest. Upon completion of this pattern, the trend is considered to be reversed and the security is expected to move lower. You should wait for the price to break below the key level of support at 16.35898...