AzdrenBytyqiKs
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Joined Feb 6, 2020
cadchf
cadchfshort
chartpattern
fundamental
gbpnzdbuy
gpbnzd
indicator
trendanalysis
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✅ 1. Inverse Head and Shoulders Pattern: You have a well-defined Left Shoulder → Head → Right Shoulder structure. This is a classic bullish reversal pattern indicating the end of the downtrend and suggesting that price is now more likely to move upwards. ✅ 2. Trendline Support: The price is following and respecting an ascending trendline, confirming that bullish...
4
One strong reason for this trade is that the price clearly broke down from an inverted Cup and Handle pattern and confirmed the move with a small bearish flag, making this a high-probability trend continuation short setup. These patterns together signal strong bearish momentum and give a solid reason for entering a short position.
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