X pattern formation is a strategy l created myself X pattern formation is a market structure that indicates the manipulation of small players by big players As soon price broke the monthly trendline ,Sellers who sold at resistance where manipulated and their stop loss was hit with the X pattern in sight you can plan a Sell as soon as price hits the next...
The formation of a penant at resistance level and monthly trendline indicates selling opportunity elliot wave shows an opportunity to sell at B
kindly follow and like ,Cheers GBPUSD has made an uptrend however the odds of the trend reversing are many Elliot wave pattern has indicated that the 5th wave has been made except for the correction wave ABC Volume and price are diverging indicating reversal price will reverse as its about to touch monthly resistance range and trendline Set a sell stop...
FX:EURUSD"] has been in an uptrend price has touched the monthly supply level and monthly trendline hence price might pull south.volume and price dirvegence as well indicates price bound to fall Elliot wave identified in a smaller timeframe shows the lacking of corrective waves A.B.C after impulse wave 12345 ENTRANCE Wait for loss of momentum for sellers and...
GBPUSD IS PREPARED TO GO LONG AFTER A SHORT TERM SELL AT SUPPLY BUY AS YOU SET A PENDING ORDER AT DEMAND ZONE THE ARROWS INDICATE THE MOVEMENT PROJECTED AT SUPPLY AND DEMAND ZONES
The pair has been on an upmove and has almost touched the important supply level with the elliot wave indicating a corrective wave 'C' looking to the downside in addition the cup and the double top has been formed in the supply zone
GBPUSD has once visited a very important demand zone again indicating a buy signal cupand handle formation at demand level indicates a future breakout to the upside entries should be done after breakout of cup and handle S.L ;1.29222 T.P1; 1.30725 T.P 2 ;1.30190
Great british pound in a sellers market indicates Sell opportunity at important supply price zone around 1.30649. Price may rebounce for a buy signal at Significant demand zone of 1.29451.