rising wedge. price broke out from the wedge. waiting for retest to go short
trade the breakout on either side. possible short position.
possible ABCD pattern formation. trade the breakout on either sides.
MARKET IS IN AN UPTREND AND IS FORMING A HORIZONTAL FLAG, WE WAIT FOR OPPORTUNITY TO TRADE THE BREAKOUT
price is on the support of a rising wedge. we wait for bullish engulfing cadlestick and momentum before going long to target the daily resistance
daily reversal candlestick. break of 1hr trendline. entry on retest.
price is rejecting a major S/R level
Price is currently in an uptrend and broke out from a bullish flag. Could go long after a little retracement/retest
buy usdchf. wait for reversal candlestick formation before going long
Using the elliot wave theory, I envisioned the future price movement for this pair. As a conservative trader I will wait for a complete breakout of the resistance line(zone) to make the new wave 1 and wait for retest which is the new wave 2. Then we can go bullish on this trade. Entry will be 0.65873 and possible exit will be 0.7000.
price is moving in an upward channel and is approaching the resistance trendline. ABCD pattern was identified. Once reversal candlestick is formed, D will be our entry point which is 70.875 and possible exit is 69.533.
Did multi timeframe analysis for this pair. Initially its overall trend is downward on monthly TF until it started decelerating to the upside. lets wait to see candlestick close below the short term upward trendline and we sell. Entry at 0.97148 and possible exit at 0.96138
Break and retest of down trendline on 1hr timeframe. Price is heading towards a support zone. Entry at 1.80663 and possible Exit at 1.78853.