ThePinnacleTrader

ThePinnacleTrader

The Euro pound shows potential temporary bullish run to the upside to significant levels before continuing the bearish trend to the downside.

ThePinnacleTrader

A potential short to the 0,55715 level before we see price rally to the upside. (Check out DXY idea, opposite correlation)

ThePinnacleTrader

As price broke above the area of interest around the 0.91082 level, we see a temporary price rally to the 0.92165 area, creating a potential reversal to the downside.(Check DXY idea- positive correlation.)

ThePinnacleTrader

As prices have reached an area of value around the 106.013 level, potentially prices could rally to the 107 value before reversing to the short side.

ThePinnacleTrader

With multiple pattern confirmations a possible short trade on this pair.Top down analysis further confirms current short structure.

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ThePinnacleTrader

The pound yen top down analysis represents a show case of how the market behaves and the amount of opportunities yet to come.

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Daily timeframe signals the bears are ready to push prices further below as prices have rejected at areas of value creating a clear double top on the H4.

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A potential sell on the Aussie Kiwi. With a clear H&S pattern on the Daily timeframe further strengthens the bears chances of out trending the bulls.

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A break above the descending channel benchmarks a potential bull run to the upside.

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Technical analysis shows prices on a sesnsitive level with multiple rejects. Ascending channel further strengths a bearish reversal. From Daily to the 15 minute timeframe bulls show a slight loss in upwards momentum. After a bearish reversal a continuation pattern confirms sell positions.

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Anticipating a bearish reversal around the 109.937 level. A confirmation from the smaller timeframes with give the green light for short opportunities.

ThePinnacleTrader

Prices currently at a sensitive area of 105.772 where previous major resistance occurred. Bearish rejection will further confirm bears takeover for a long term sell market.

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A breakout and retest of the ascending channel strengths the confirmation of a bearish trend.

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A rejection on the weekly time-frame signals a potential long term short on the chfjpy.

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A potential buy larks on the euro dollar. A rejection on the 1.7605 level, creating a double bottom that further strengthens the momentum of bulls reversing the bearish trend.

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Multiple rejections from previous prices around the 100.970 level. Anticipating a loss of momentum from the bulls increasing a potential bearish reversal.

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An ascending channel on the daily time-frame signals a potential short of the Aussie kiwi pair with prices currently at 1.09508 level. Patiently waiting for a bullish run to price levels around 1.10458. Thus the 1.10458 level is an important level where prices could reject.High probability sell opportunities can be anticipated.A 1H and 15min bearish flag after the...

ThePinnacleTrader

A descending wedge on the daily time-frame confirms a strong bullish market in the long term with the completion of the third touch on the support level. A break of the descending channel on the H4 further solidifies the pattern within pattern strategy, strengthening the bulls momentum on this pair.