CRUDE | Ascending Channel Double Top Reversal Play ;)On the HTF we have an ascending expanding structure from which we broke out of in a separated ascending channel at the HTF Double Top Highs. Price has pushed down and broke out of said channel and now it looks like we're forming a correction after the breakout. The SL size is a little too large for my liking to place an order now. We'll wait to see if we can get a tighter entry like smaller correction after the breakout.
Patternseparation
EURUSD | Descending Channel within Larger Bull Flag ;)We've had our eye on the bullish play on EU for few weeks now, and we had some solid entries as well but Price failed to continue that upward momentum; that being said it looks like Price is giving us another opportunity to go long, and we could get the Buy from a cheaper Price. We're currently in a separated Descending channel at the HTF Double bottom level increasing the probability for a bullish play. Our entry will be the first LTF flag we get when price pushes up or the LTF Correction after the breakout flag we often take.
AUDCAD| Ascending Structure Reversal Play :)We had a Descending Structure from which we had beautiful bullish plays from the Swing low area, but now we finally broke out, initially we were looking for a correction after the breakout to keep the bullish momentum however now Price is correcting in a bit an ascending nature meaning the bullish bias may not be as strong as we thought. Now I'll be looking to see if the ascending correction continues, if/when the correction completes and we get LTF correction after the breakout I'll be happy to take that to the downside.