Hello traders!
This is at the point which i call a money juntcion/ Money generator pattern.
This pattern starts after the breakout of first pattern from both sides. We don't expand first pattern we will leave it like that and we will start new pattern
Both trendlines starts from the peak and bottom of first breakout,
Every trendline ends at the point of...
hello everyone:
NZDCHF, also have clean bearish price developing, similar like AUDCHF.
We can see a strong bearish impulse down from the price, and naturally price is developing into a correctional structure.
Now we can see a bearish flag/channel like structure, correcting the price to the top.
A potential double tops, ascending channel are nice reversals...
hello traders:
We can see AUDCHF has been pushing down impulsively, in the last few months,
we can potentially see further downside if we can get a confirmation of this bearish correction.
Price is currently in the consolidation, and looking clean as a bearish continuation flag to go lower.
Watch for bearish price action on the lower time frame and...
Hello traders:
WHEAT is also looking clean for the downside reversals.
We can see that price has formed into a larger, higher time frame ascending structure, correcting the price up.
We also see a clear rejection and a possible bearish reversal impulse, after hitting a double tops.
HTF:
Latest development has shown us a bearish reversal impulse after...
Hi everyone:
OIL has been on my watch for the last few weeks, and since the tension between Russia and Ukraine got worse, we did see a strong push to the upside initially.
But, after last week, we are seeing some potential reversals on the lower time frame, which can develop more to confirm the overall higher time frame bias.
Personally I do still see a...
Hi traders:
Similar across other JPY pairs, here on CHFJPY is also looking clean for bearish reversal downside.
We can see a higher time frame ascending structure, correcting the price up.
At the top of structure, clean bearish reversal correction as a Head and Shoulder, reversing down the price.
Now that price has formed a right shoulder, continuation...
Hi everyone:
AUDJPY is also showing good signs of bearish price action.
After the initial bearish impulse on the higher time frame,
price has developed into a larger structure with a few swing highs and lows.
We then see a double tops , price reject and a bearish impulse reversal.
Latest development show a continuation correction after the impulse down,...
Hi everyone:
Also on my watchlist is GBPUSD, together with other USD pairs on watch as well.
We can see from previous forecast and analysis, price formed that ascending channel, and a clean impulse down from it.
However, price didn't break the lows and continue, instead a reversal up, and form into an expanding structure.
We can then see a double tops,...
hi traders:
Previous sell forecast didn't develop into further confirmation to sell,
and price has managed to move up now to another previous highs.
This time, price is event better in terms of the bearish reversals.
WE can now see a double tops, larger ascending structure, and smaller ascending within.
The price continue to evolve structure, but higher...
Hi traders:
We have seen a strong bearish reversal price action during the NY session of yesterday,
and now many of the pairs are looking very bearish, and could continue down further.
Here on AUDUSD, price correctively move up to a double tops within a larger ascending structure.
We can see more bearish reversal patterns within as another smaller ascending...
ETH / USDT
ETH start to show Bearish signs near strong support line
(Which made ETH to drop multiple time in previous months)
If bulls hold this area
expecting ETH to reach 3500$-3800$ in next few days
Invalidation : if daily close below support line (white)
Hi everyone:
Also keeping an eye on Platinum (XPT), as we can see some bearish price action on the higher time frames perspective.
After the impulse phase, price has developed into an expanding structure, within few swing highs and lows.
We can see a double tops, rejecting the price, and a bearish move down.
Latest development shows a smaller consolidation,...
Hello everyone:
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Welcome back to this...
Hello everyone:
Looking across the indices market have been rather bearish since last week.
WE can see most of the indices are showing signs of bearish price action, its about looking for the right confirmation before entry.
Here on DOW's lower time frame, after the strong bearish impulse down from previous correction, price naturally develop into a...
hi my friends
To make it easier to understand, I have written all the explanations in the chart for you.
I hope I have been able to give a new perspective to all analysts and traders.
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Please see my previous analysis as well
