sell setup hello mt friends ...
1. continuation pattern is forming here looking for a sell
2. watch price action here if breaks out look for a continuation pattern and sell
Chart-pattern
QUICK BREAKOUT TRADE EURCAD123 BREAKOUT PRINTED
HEAD AND SHOULDERS PATTERN PRINTED
FUNDAMENTALLY BEARISH BIAS FOR THIS PAIR THIS WEEK
IVE BEEN IN THIS TRADE SINCE 1.44XXX BUT THIS IS NOT A BAD SETUP FOR AN ADDITION SCALPING POSITION
USDCAD BEARISH FLAG CHART PATTERN SHORT termUSDCAD BEARISH FLAG CHART PATTERN SHORT term.
wait the touch of the montly resistance 1.3400,place your stop loss at +-1.3460.
good risk reward trade
GBP JPY Pennant - Short EntryGBP JPY Bears are currently dominant
Pennant pattern formed
Once broken out of, should fall down to next support level.
REASONS FOR TRADE IDEA INVALIDATION
- Upside break
GBPJPY Bullish Butterfly & Symmetrical Triangle Chart Pattern GBPJPY Bullish Butterfly & Symmetrical Triangle Chart Pattern (Wait the breakout & Retest for confirmation)
Wait the point D to go Long (you can Short after the retest)
TP1= 0.382 C-D
TP2= 0.5 C-D
TP3= 0.618 C-D
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Possible Bum and Run Reversal (BARR)???The chart pattern gather all the requirement to a BARR.
lead-in height is more than $1.
Bump phase at least twice the lead-in height.
Trend line is not horizontal.
Rounded bump
Falling wedge pattern the falling wedge pattern complete breakout and pullback. long entry setup. good luck!
