PerfectCoconut

PerfectCoconut

Price rises back to its falling trend line on the H4 time frame. On the MN time frame, EURCAD has reached it's upper bound of an ascending triangle which often dictates a move back down to it's lower bound which confirms this downward movement.

PerfectCoconut

Head and shoulders pattern forming with a confirmation from RSI divergence.

PerfectCoconut

Rising pennant dictates a reversal more often than not, lower trend line was broken accompanied by a head and shoulders pattern. Pull back onto the lower trend line gave a near perfect shorting opportunity, allowing a 30 pip risk for a 700 pip potential reward.

PerfectCoconut

Large rising pennant which dictates a possible reversal, potential for 700 pip downward movement.

PerfectCoconut

Potential for EURUSD to move 700 pips upward if the current support level is respected.

PerfectCoconut

Breakout on the monthly time frame of a symmetrical triangle to the downside. Looking for a pullback to its downward sloping trend line as price reached significant support level. Potential for a 400 pip upward movement

PerfectCoconut

Descending triangle on the daily time frame. If price breaks below the 107.00 support level, then there is a potential for a 180-530 pip movement.

PerfectCoconut

Price potentially to react at the indicated support and resistance zones. If rejected at the 1.0630 level, potential for 130+ pips.

PerfectCoconut

Descending Triangle on the daily time frame coming down from the upper bound of an ascending triangle on the monthly time frame. Shorts are looking very probable and could potentially see a 900 pip movement.

PerfectCoconut

Head and shoulders reversal pattern on the daily. Potential for a 700+ pip movement.