Gideonscale

Gideonscale

Price has already broke out of the neckline of the head and shoulder pattern. let's look for a retracement that will give us a better opportunity to go long.

Gideonscale

Price has boke out of the head to shoulder pattern in the GBPUSD. This a good opportunity to go long. Good luck .

Gideonscale

Gold has broken out of the resistance that was once support and has confirmed the region to be it's new floor

Gideonscale Updated 

Reasons to take the short position: Price has confirmed to be followin a new channel. There is a lot of resistance near the upper channel. Price has been rejected py the resistance once support. MACD has crossed over the signal The MACD and the stochastic are both showing divergence Price action is showing a bearish engulfing bar after the...

Gideonscale

Gold has formed a double bottom pattern and broke out of the neckline. this is an opportunity for us to take the long postion.

Gideonscale

The butterfly pattern formation means that the down trend has reached exhaustion and gives us an opportunity to go long. the bullish movement is confirmed by the RSI, MACD and the Stochastic Oscilators.

Gideonscale

The formation of the bearish crab pattern and the divergence on the RSI are good reason for us to take a short opportunity on the USDCHF . The CD leg of the crab pattern is producing a rising wedge pattern, a breakout of the wedge is a good signal to go short. Now the Wedge brekout is a confirmation to go sort at any entry opportunity you can find and take first...

Gideonscale

The formation of the bearish crab pattern and the divergence on the RSI are good reason for us to take a short opportunity on the USDCHF. The CD leg of the crab pattern is producing a rising wedge pattern, a breakout of the wedge is a good signal to go short.

Gideonscale

USD is following a decending channel against the JPY. Let us look for an opportunity to follow the trend to the daily support level. dont forget to put a stop loss aoutside the channel

Gideonscale

Bitcoin is trading a triangle pattern. Let us look for and opportunity to go short.

Gideonscale

The price of ETH has has confirmed to be following the new channel and it is near the upper boundary of the channel on the hourly time frame, so let's look fo an opportunity to go short.

Gideonscale

The butterfly pattern formation means that the down trend has reached exhaustion and gives us an opportunity to go long.

Gideonscale

The crab pattern formation means that the up trend has reached exhaustion and gives us an opportunity to go short. The lonk wigs in the price action signals exhaustion of the buyers in pushing the price up. let's await confirmation from at least the RSI, Stochastic for the MACD before entry.

Gideonscale

Price is being rejected by the Weekly resistance zone and the upper channel. The formation of the head and shoulder pattern also indicated that the bulls failed in creating a higher swing high. The RSI is showing a divergence. We want to take a sell position when we have a confirmation to go short.

Gideonscale

Price broke out of the upper trend line that formed a triangle to go and retest the resistance that was once support.

Gideonscale

The formation of the Gartly pattern is an opportunity to enter a short position after the price action signal that produces an evening star. The RSI and the Stochastic Confirms that the Market are overbought.

Gideonscale

The price is on a down trend and has brokeout of the supporting trend line. We want to take a short opportunity and take profit at the next support level as the price continues it's journey to the channel's bottom line.

Gideonscale Updated 

The formation of a gartely pattern at the end of the Elliot wave is an opportunity to go short.Enter at point D and Take profit at the next support.