Dear colleagues, the price is currently within a triangle pattern. I expect the price to reach the support area at 1914. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
FX:AUDUSD AUDUSD Poi On H4 Supply Zone Wait for reversal pattern on small time frame or bearish divergence
EURJPY Sell Stop :122.349 SL 122.785 TP 121.475 RR 2 // DISCLAIMER This explanation is only my personal opinion only. Trading financial markets involve risk and is not suitable for all investors. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action, and any trades you decide to take...
01. Monthly Downtrend 02. Weekly wicks rejection on monthly Resistance and trendline 03. Daily broken consolidation 04. Wait for price to pullback to daily consolidation 05. look for price action on lower TF Trading view profile www.tradingview.com
Update of Previous Analysis 01 . Overall picture - Up trending on Monthly TF 02. GBPNZD is moving in an Uptrend by forming higher highs, higher lows in the weekly time frame chart. 03. double bottom confirmation on daily TF 04. Trendline Breakout on 4 HTF
Bat pattern in black. Gartley pattern in blue. Good resistance indicated by the black line. Increased risk/reward. Short this now with profit targets indicated by green boxes.
In the first part of our chart you can see the bearish trend of our pair. When the price create a new lower low then we draw fib retracement levels. The price is bouncng on the 38.2% level so we think that it might be a good level for pushing the price down again. Then the price is starting to move lower.Then we can use fib extensions in order to determine our...