luckyveerasamy92

luckyveerasamy92

The 4H structure shifted from bullish to bearish when priced changed character. Price is retracing to the 4H POI. Once price enters the POI, we will switch to the 15min TF for a re-alignment for a entry confirmation. No re-alignment, no entry!

luckyveerasamy92

- Price just broke out of the falling wedge. - Price to test the highs of the wedge. - There after we will wait for the selling signal to target the trend line support

luckyveerasamy92

- Price is currently in a descending channel. - A possible inverse Head and Shoulder formation. - Price might break above to target the beginning of the descending channel.

luckyveerasamy92

-Price broke the descending channel. -Price is currently correcting and we may expect a push up afterwards

luckyveerasamy92

- Price is moving within an ascending channel. - A pattern within a pattern has formed at the top of the structure which signals a strong reversal to the downside targeting the bottom of the ascending channel. - Sell at the break of the rising wedge. - N.B. Price might go up for a 3rd touch on the ascending within the ascending channel before going short.

luckyveerasamy92

- Price is moving within an Expanding channel. - Price broke the descending channel and currently re-testing the level. - The price might go up to test the resistance level or go for a 3rd touch on the expanding channel before going short long term.

luckyveerasamy92

-Price is moving within a descending channel. - Price is to currently approaching the support level, if its valid then the price may push upwards, might break the descending resistance and target the resistance level of overall bigger correction.

luckyveerasamy92

- Price is moving within the expanding channel. - Possibility that price will move up for one more time to create a double top before moving down. - Probability price will go for a 3rd touch at the top of the expanding channel or the trend line

luckyveerasamy92

Price is moving in a rising wedge within a bearish correction/ continuation. We may look for selling opportunity to target profit shown by the arrow.

luckyveerasamy92

Price is moving within an expanding channel. Price might go up for a double top formation on the ray line before going short

luckyveerasamy92

Rising Wedge formation. Price might form a double top then move down or will go for a 3rd touch on the rising wedge before going short

luckyveerasamy92

Currently on the daily chart, price is moving in a rising wedge. There is a possible double top before price going short.

luckyveerasamy92

Price is currently moving in an ascending channel. Should price break below, target is the bottom of the structure.

luckyveerasamy92

Price is moving within the expanding channel. Currently price is forming a correction/ continuation to move higher. What are your thoughts

luckyveerasamy92

Rising wedge formation... Price might break below targeting the 2 TPs

luckyveerasamy92

The price is moving within a descending channel. Currently price is trading within a symmetrical Triangle... The price might break above the triangle and continue moving higher to test the descending channel resistance level.

luckyveerasamy92

Price is moving within an Ascending channel. Should the price break below. The market will reverse lower targeting the support level indicated by the arrow down

luckyveerasamy92

Price is moving within the expanding channel... But currently the price is trading within the falling wedge pattern. A probability trade, the price will break the expanding channel and continue moving up indicated by Green arrows and a possibility trade, the price will test the expanding channel resistance level and reverse lower indicated by Yellow arrows