CFX
GBP/USD ShortPrice broke structure on GBP/USD and has been grinding up towards the level of supply that sent price down initially. Deceleration/compression on the approach, See you at 1.37
CFX - Conflux Network - A_V_I_A_T_O_R prediction in six monthsWhat will happen to the price CFX - Conflux Network in six months? My prediction.
LONG US 30 300 PIP POTENTIAL TRADE PRE NY SESSION TRADE(OVERALL HIGHER TIME FRAME BULLISH MARKET = LOOKING FOR BUYS)
1. IN PRE NY SESSION ON THE M1 TIMEFRAME YOU CAN SEE A QUASIMODO FORMED ( HEAD & SHOULDER)
2. IF YOU ZOOM INTO THE M1 TIMEFRAME I WOULD OF ENTERED AFTER A STRONG BULLISH CANDLE
3. SL WOULD'VE BEEN UNDER PREVIOUS HEAD (AROUND 20-30 PIPS)
4. 1ST TP WOULD'VE BEEN AT PREV. DAY NY LOW
5. 2ND TP WOULD'VE BEEN AT PREV. DAY NY HIGH
6. REMAINDER WOULD'VE BEEN AT THE MONTHLY HIGHEST BREAKOUT POINT
300 PIP POTENTIAL TRADE WITH EXCELLENT RISK/REWARD RATIO
THANK YOU CFX SAUCE. 🙏🏼
CFX - Breakout Within Ascending ChannelColfax Corporation has been trading within an ascending channel since early October. It briefly opened below the channel support line on December 3rd but found support along the 50-day EMA line to regain the channel.
An intermediary symmetrical triangle pattern was created from the November 1st top & we have just seen a bullish breakout of this symmetrical pattern. Potential price targets are noted on the chart.
POTENCIAL SHORTAT THE WEEKLY CHART WE ARE IN A DOWNTREND AND THE PRICE NOW IS TESTING THE LAST WEEKLY LH 1.33
ON THE DAILY TF THE MARKET IS STILL BULLISH TREND BUT IS FAILING TO DO NEW HIGHS. ON THE LAST THREE DAYS WE CAN SEE 3 INDECIVE CANDLES SHOWING REJECTION TO THE UPSIDE.
ON THE H4 CHART WE CLEARLY CAN SEE PRICE CONSOLIDATION ON THE LAST LH H4 AND ON THE WAY TO TEST THE LAST HL ON THE DAILY CHART
