Looking to sell this pair here as it has satisfied and ticked all the boxes for a sell entry. Lets see how this goes
Waiting for confirmation on the 3rd touch of that consolidation reversal pattern then shoot my shots.
I know to a lot of ppl this was a buy set but I have a different perspective on this based on my pattern trading strategy and to support my idea we have the Dollar index showing us USD weakness for weeks to come. I hope this makes sense but above all the analysis says volumes.
Finished the trading week with a Daily pin bar, expecting bullish market in the next coming weeks. DOLLAR index also looking bearish so will be looking to for long positions on Monday.
Price formed a bullish flag on a daily timeframe now it's time to go long,
Price moves in 3 phases, impulse, correction, impulse, I think we are now in the impulsive phase which started on the 3rd touch and been holding this sell from the top and will continue doing so until the bottom, 90% rule. Looking at the USDOLLAR Index chart, my forecast on that is that we will witness USD weakness for a few weeks to come and that is a major...
Price really did not drop as expected to 68.1 Fib but moved slowly in a corrective manner forming a Bullish flag and now I have put in my Buys and will wait until my TPs have been achieved.
After every impulse there is correction and I feel we have come to the final phase of it, expecting the price to go down to atleast 60% fib retracement or 78%, we will watch what the market wants to do from those position and will be looking for buys as indicated by blue arrows. If you think this analysis resonates with you or has given you a different perspective...
BULLISH MARKET and will be trading as per plan. Break out of the structure all the way to the previous high.
I will be taking this trade as illustrated on the chart and go long.
That's a Rising Wedge and I will be sticking to that plan for today and the whole week.
Hi guys, GU is in a corrective phase and forming a bullish continuation pattern. We expect a sell off and break of the previous low or tag thereof before a bullish move to the upside.
Hi guys, this pair has formed a pennant and we are just waiting for the 3rd touch at the top of the pattern, as soon as we get confirmation we will load our sell orders. Cheers and use good risk management.
Formation of a bearish flag and will sell from the highs of the Day to the Lows.
I personally bought EURUSD and will hold until the top.
I expect temporal retracement before the move up.