Bathes25

Bathes25

My 4 reasons for the Idea : 1- The price already in uptrend 2- Bounced from strong support area 3- Create double bottom pattern 4- On 4H there was a liquidity that should be take, so the price should revisit that area

Bathes25

My 4 reasons (Always are 3 but today 4): 1- It's in uptrend 2- Return from strong support area wich was a strong resistance 3-return from Order block 4-Previous liquidity should take it

Bathes25

My Reasons to confirm this: -RSI trend 4H brooked and retest so the inner trend of the price will brook soon . -Price rejected 4 time from resistance -We are in bullish channel which already price rejected from it's upper level.

Bathes25 Updated 

Reasons of Idea: CADCHF bullish -It broke the trend, retested it and move up, -Triple bottom -The RSI not touch level 70, so it's not on oversold. After get profit will monitor RSI if it broke level 70 we can expect profit 2

Bathes25

It's in bullish mode because: -Brook down trend -Liquidity taken -Dos not touch the lower channel line

Bathes25

Pair will have opportunities to be in uptrend because: -Have daily liquidity have been taken -Have 4H liquidity have been taken - RSI down trend has BEEN BROKEN (It's mean the price trend will broke) Buy now and take profit at the next Resistance

Bathes25

Regarding to my previous post The pair moved to expected direction and you can re enter in area between 1.49899 and 1.49830 .

Bathes25

The pair have a strong bullish opportunity Because of : 1- Price rejected from FVG 2- Price range in flag patterns 3- shark Harmonic pattern So you can enter it now and use risk management for SL.

Bathes25

In higher frame the pair is bullish . Buy limit at price 1.49322 where the liquidity has been taken. TP: 1.50543 where high liquidity. SL: 1.49101 where previous low liquidity

Bathes25

Head and shoulders pattern

Bathes25

GBPJPY continue to complete head and shoulder patterns to approach 140.36