ON BREAK OF TRENDLINE BUY TO QML LEVEL THEN SELL
AFTER A BREAK IN THE RISING CHANNEL GER30 WILL RETEST THE S-R FLIP ZONE WHICH IS A SUPPLY AREA THEN PROCEED WITH THE DOWN TREND
QML SETUP AT THE LOWER BOTTOM OF THE RISING CHANNEL. FROM HERE WE WILL GET THE LAST PUSH IN THE DOLLAR BEFORE WE GO ON A SERIOUS DOWNTREND.
REJECTION OF THE SUPPLY ZONE BY PREVIOUS DAILY CANDLE PROVIDES A GREAT SWING OPPORTUNITY FOR A SHORT
Convergence of a trendline retest and a supply area with quasomodo pattern , gety ready to sell in the red box
minor retracement to support and resistanc flip zone, good place to sell
break of weakened demand zone to find fresh demand and complete qml pattern.
approaching a demand zone and qml pattern formation
quasomodo pattern completed by NFP sell-off which met demand zone. the pair is headed for 1.14000 again
High liquidity zone a good chance to buy, qml setup
daily - we see the quasomodo pattern 4hour - compression which was broken by a gap signifying strong supply and RSI divergence indicating a possible reversal 1hour - compression and RSI divergence is seen top down analysis shows confluence on high probability sell opportunity