Tradechartpatternslikethepros
USDCHF PRICE ACTION TRADING INV. HEAD AND SHOULDERS PATTERN USDCHF has formed a price action reversal pattern inverse head and shoulders pattern on its hourly chart.
The price is trading above near the neckline Breakout: 0.89875
A long trade will be entered above the neckline breakout with a confirmed uptrend to target:
62%: 0.90912
79%: 0.91197
127%: 0.92008
162%: 0.92595
ST: 0.89417
EURUSD PRICE ACTION TRADING DOUBLE BOTTOMEURUSD has formed a price action reversal pattern double bottom on its hourly chart.
The price is trading above the long entry level 1.07770 with stops below the 2nd bottom.
Wall: 1.08041/1.08159
Targets:
100% AB: 1.08313
150% AB: 1.08665
200% AB: 1.09018
250% AB: 1.09375
GER30 MEGAPHONE PATTERN GER30 has formed a megaphone broadening on its hourly chart.
The price is trading the mid range 15842.85.
EL: 16007.70
INITIAL ST: 15924.40
Targets:
62%: 16212.84
79%: 16270.76
127%: 16431.63
162%: 16549.61