Price broke below our initial Support to the next Support (which is on the previous Higher High level). Price has been consolidating between 14600 & 13900, expecting a breakout above the consolidation zone.
Structure: Descending Triangle Price rejected on the resistance of the descending triangle (which is also a pennant on the weekly chart).
Structure: Bear Flag Price brokeout of a structure and formed a Bear Flag below support 0.6668 that became resistance. On breakout of the flag took a position to the next support level, possible price continuation to monthly support.
Structure: Double Top and Possible H&S Nasdaq has been trading in an uptrend channel. Price rejected on the previous high (which is the all time high) forming a Double Top with neckline area 15500 & 15600, which is also the previous Higher High. Price broke below neckline, expecting a retest on the broken Support which is now Resistance.
Structure: Bullish Pennant * Gold price is trading below 1910 major zone * Price has been consolidating in a pennant structure * Wait for break of structure for the next impulse on Gold price.
Structure: Uptrend Channel Price current on support (ascending trendline & daily support area) Clear rejection on support we can expect price to grow.
Structure: Bullish Pennant Price has been consolidating inside a triangle. Price rejected on ascending trendline support.
Price rejected on support. Price broke above neckline of an extended W formation. Expecting NZDUSD to grow to the next resistance zone.
Structure: Bullish Flag Price retested and rejected on major support zone. As price was pulling back for a retest it chart a bullish flag. Buy EU to the next resistance zone. Please share your views on the comments section and please hit like if you find my idea useful.
Price broke out of resistance. Currently retesting the broken resistance. Buy to next resistance area.
Structure Broken Price broke out of the uptrend channel. Price on retest of the broken structure. Sell to the next support. Please share your views on the comments section, please also like my idea if you find it useful.
Uptrend Channel Price reached target which is the support of the channel. Will price break out below the channel and continue down to Monthly broken resistance that was not tested or bounce of support to continue uptrend? Please share your views on the comments section, please also like my idea if you find it useful.
Inverse Head & Shoulders Price about to complete right shoulder of the inverse H&S. On break out of price above neckline we expect price to grow. Please share your views on the comments section and please hit like if you find my idea useful.
Up Trend Channel Price rejected on the major resistance of the channel. Price also broke out of minor up trend channel, sell to support of the channel. Please share your views on the comments section and please hit like if you like my idea.
Inverse Head & Shoulders Price rejected on neckline of the head and shoulders structure, expecting price to grow to the next resistance. Please share your views on the comments section and please hit like if you in agreement with my idea.
Up Trend Channel Price rejecting on Resistance of the channel, expecting price to drop to the support of the channel. Please share your views on the comments section and please hit like if you in agreement with my idea.
Down Trend Channel Price faked out above channel resistance, expecting price to continue pushing down to support of the channel.
Price has been bound in range between 0.7250 - 0.7100. Sell and when price is nearing support level lock profits as we anticipating price to break out below 0.7100. Or wait for price to break and retest the 0.7100 area to sell.