Do you like Head and Shoulders pattern, wolves?🔥 Here it is, guys! Today we have h&s pattern on USDDKK on a big frame. There was a strong bearish movement before then price entered into correction. Price has drawn h&s at the top of this correction and now it already broke support zone. Possible retest of the new resistance zone is expected. However the price may...
Confluences: Daily time frame: -Head and shoulder pattern formed (high probability trade setup) -Price broke through a zone -Pair has been in a downtrend (long-term) -DXY is about to break 90 with the same head and shoulder pattern hence, waiting for a big drop -Good risk reward, high probability, I love this setup Side note: this pair is not a major but price...
ANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGMENT ➖TRADE : directional bias IMPORTANT INFORMATION:📌 * ORDER FLOW: bearish * DAY OF THE WEEK:Friday * PROJECTED TP : $$ * PROJECTED SL: 🌚 whats up master traders! welcome to another trade idea with Genius Chart. If you like what you see and it helps you ,please support our work by writing a comment and...
according to analysis shown Eur/Usd possibly broke falling wedge bullishly, correlating w/ 1.10 psychological area. + we see a possible double bottom rejecting same price. breaking trendlines left & right. pink like shows possible TP area. please feel free to comment and add to. Thank you for your time.
After break and close below blue zone, looking for short entry
USD Short Bias - Quant score shift of -10 to give a total score of -3 DKK Long bias - Quant shift of + 16 to give a total of 33 TA Sell Zone Congestion Low Break
Stop loss, entry price and targets are mentioned.
downtrend & rsi divergence in weekly & moving average