Breakout of the bearish wedge Entry active after a breakout
Trade active SELL signal posted on our group chat
FLAT Flag pattern (continuation) Waiting for a breakout SELL STOP SELL STOP @1.89569 SL: 1.90038 (47pips) TP: 1.86291 (327.5pips) RRR- 1:6.98 Use correct risk management
Price has broken previous low creating a new lower low, followed by another correction creating a lower high in a corrective pattern after an impulsive move to the downside Price has also formed a double top within the corrective pattern. we need to wait to see if the price breaks this corrective pattern and move to the downside towards the support zone....
LTF correction Waiting for a breakout SELL stop placed: @1.76771 SL: 1.77134 TP: 1.71928
Price broke out of a weekly descending channel( Reversal pattern) On a daily chart, you can see price broke out correctively meaning price could move down first for a pullback and then move to the upside Price has also formed a double top on the uptrend line & wick taking out the previous top Waiting for a neckline break impulsively and an LTF correction...
Weekly: Price is at a support level (double bottom possibility) but weekly candle closure is a huge bearish candle Daily: Descending channel towards the support level (sensitive area) Last Daily candle closure: Bearish pin bar 4hrs: Price respecting the lower trendline 1hrs: double bottom descending channel on the 2nd bottom
HTF Ascending channel ( reversal pattern) LTF bearish reversal pattern towards the upper trendline
On weekly Price has approached a potential resistance zone impulsively. The potential double top zone needs to wait for a rejection. Price seems to be forming a corrective pattern towards the upper trendline
Daily: Bearish engulfing candle after upper trendline line touch Price is in an ascending channel Overall trend = downtrend 4hrs: LTF correction towards the upper trendline line, Indicating us that price could reject the upper trendline and move to the downside Price broke out of the LTF correction, need to wait for a correction before an entry Need to wait...
Bearish BIAS Price at a possible resistance level Ascending channel moving towards the resistance level Price may come back up for a double top or form a correction after a drop