I see a morning star candle about to form. uptrend going parabolic. Educational purpose
THE MARKET HAS BEEN CONSOLIDATING ON A DAILY KEY LEVEL IN THE MARKET WITH AN EVENING STAR CANDLESTICK REVERSAL PATTERN AND MY BIAS IS TO SHORT.... EDUCATIONAL PURPOSE.
IT BROKE THE TREND LINE TO THE UPSIDE, AND AFTER THE BREAK OF THE TREND LINE IT RETESTED THE TREND LIKE AND PREVIOUS SUPPORT BECAME RESISTANCE WHICH GIVES US THE CONFIRMATION TO SHORT CADCHF 4HOUR TIME FRAME
A new trend to the downside. Look for your entry point
A new trend to the downside AUDNZD SELL SL:0.07095 TP:0.04796
The Head and Shoulder candle formation resulted to the formation of a new trend to the downside. #Educational Purpose AUDCHF SELL ENTRY:0.65610 Stop Loss:0.66099 TP1:0.62790 TP2:0.61352