Millennial_Trading

Millennial_Trading

Could be a Head & Shoulders forming here. The top of right shoulder currently showing signs of rejection on a resistance level, if it continues to pull back & drop then it will complete the simple pattern. Looking for a candle signal to confirm my entry, an Engulfing candle would be nice. Good luck :)

Millennial_Trading

A perfect Head & Shoulders pattern & also a Double Top. Oppertunity to make a few pips by shorting this pair. 2 targets based on structure. Good luck :)

Millennial_Trading

Price currently shooting up like a rocket, I missed the boat... So will be waiting for price to drop back & retest the .382 Fib or support level, then will anticipate a continuation up. Will drop down to the 1 or 4 hour chart to look for a valid reason for entry once the retest has happened. My target will be the .618 level, Sell Zone or the current trend line,...

Millennial_Trading

Not a huge fan of the head & shoulders pattern, but there could be one forming here. If it does form the simple pattern, then be prepared for a further drop from it's current level. It has also just hit a level of resistance. I'm anticipating a retest of this resistance level before looking for an entry reason on the 4 or 1 hour time frame to go short. Be...

Millennial_Trading

Price is currently at a strong area of value having been rejected in the past a few times on a strong resistance level & the peak of a channel. It's currently in what I would call a sell zone, but not yet giving me a signal/trigger to sell. Will be watching this one closely as I am also anticipating a break of the resistance level & channel;- if this happens, I...

Millennial_Trading

Looks like a possible Bullish Flag that's forming at the moment. Look for price to break out of this simple pattern & head North. I have also marked up a potential Sell Zone if price can reach it. Good luck :)

Millennial_Trading

Little bit Neutral on this one. Currently in a range. Look for price to break the range & then retest the previous range box before giving us a momentum candle or a goodbye kiss in the new direction. If it breaks the current trend line then get ready for a sharp drop South. Possible targets drawn up. Good luck.

Millennial_Trading

Price has climbed up the wedge & finally breaks out of it, it then comes back up to retest the wedge but also retest & bounce off a previous resistance level & by the looks of it, we are seeing a goodbye kiss. All we need now is a good momentum candle or a nice gap when the market reopens & i'm seeing a nice 180-200 pip move South :)

Millennial_Trading

Little bit late posting this, but i'm seeing a big drop in this pair. Inverted H&S & a slight mirror image thing going on. I've set 2 targets, target 1 has already been hit. If we hit target 2 then I wouldn't be surprised if we keep dropping to the next previous structure 1.413 area - that would be nice. Good luck :)

Millennial_Trading

I think that this pair could drop if price/candle is to close below the current up trend line that has been respected & tested a few times. Be prepared for a break of trend line & a retest of what would now be the old up-trend line - followed by a huge drop.