TheForexToro

TheForexToro Updated 

Potential Short to support zone. .5 fib correction on resistance in which price is rejecting.

TheForexToro

- Simple breakout of channel - potential flag pattern, big bear drop then it created an ascending channel for correction and to create bearish flag - .5 fib correction and retest of the fifth wave support then dropping down to resistance as shown

TheForexToro

Looking for the price to retest trend with a .618 fib correction meeting up with the trendline.

TheForexToro

Here we have a symmetrical wedge pattern. Price has created many rejection candles on resistance zone so wont be breaking out the wedge. Price has broken uptrend. Expecting Price to drop to the .50 Fib level where there is alot of price action and also meets up with the symmetrical wedges support as you can see so it looks like the price is meant to meet up in...

TheForexToro

Here we have a clear Descending Triangle Pattern. Price has bounced off of resistance zone and we are looking for it to finish the pattern. Current 4h uptrend has broken on the last uptrend of the triangle and now on to finish the descending triangle down to the support.

TheForexToro

Price has broken trend line, formed head and shoulders at the top of the trend line right on the resistance, then broke neckline at 32,8 fib level. and also the support, support became the new resistance zone. Price is retesting the resistance zone and then will continue to finish its current trend down to the new support. Enter at 50 fib level stop loss on 32.8...