dvburn3r

dvburn3r

I'm watching GU for a possible long entry either at the cup and handle formation or entry at the lower resistance level.

dvburn3r Updated 

Double top hit and corresponding symmetrical triangle formation at market top. Bearish until top trend channel.

dvburn3r

Sell limit placed on upper channel retest, i expect a bearish momentum until lower channel before resuming bullish. TP1 IS SET AT 50% FIB RET TP2 IS SET AT 23.60% FIB RET from last SL to SH. Eager to see how this plays out!

dvburn3r Updated 

The Symmetrical Bearish Triangle ( SBT ) formed on the 4H chart. Entry to the the sell is quite tricky because price may buy on testing the SBT lower channel before a breakout.. A breakout and retest of lower SBT channel will be a further confirmation of this short entry. Price may break TP at 0.87602 to lower channel trendline but i don't know for sure...

dvburn3r Updated 

A few short pips applying simple ABCD pattern &kevel breakout and retest. Target to 1.2068 & 1.20220, I'm holding at 1.21287.

dvburn3r

Price sold below the RWP (RISING WEDGE PATTERN) to 1.20952 before a pullback to retest lower channel trend line. A retest of the lower channel trend line is the trigger for a short entry which is bearish until the next logical support region. The first support region is at 1.20867-1.20789 and the second at 1.20269-1.20198 region on the chart. The...

dvburn3r Updated 

GBPUSD hit channel trend swing lows region and has been bullish, price is close to the channel's uptrend line after testing resistance at .38658. i think price will go bearish until .38128 region and regained momentum to go bullish until the top trend channel @ .40450. .38658 was a previous strong resistance region but the bigger picture here is the long lasting...

dvburn3r Updated 

bearish trend formed on hitting "D" coordinate region, sell imminent to .55 region. i love simple ABCD patterns, hope to ride the bears :)

dvburn3r Updated 

UTKUSDT cup and handle formed nicely on lower time frames. TP at 0.49 and partially 0.52. Eager to witness this playout !!

dvburn3r

Following simple ABCD pattern, price test and rejects upper channel trend line at level of coordinate d, price sells to prev support and retests upper trend, i think entry to this short position is a bit late but a few short pips would do.

dvburn3r

Price broke Upper Channel trend and a retest of the channel trend is confirmed. TP1 to beset at initial resistance zone & if liquidity holds enough for another buy position, TP2 should follow.

dvburn3r

If price breaks the upper trend and retests, imminent buy but resistance is held at 142.739 so i dont expect a bullish trend higher than that. If price tests the upper trend without breaking, i am going SHORT. I'm a newbie but this is my analysis.