A great selling opportunity is approaching as the trendline has broken, and the price is now in a resistance area. This area has shown a previous sharp fall with a significant wick, indicating potential for another drop. We expect the price to decline quickly, providing an opportunity to capture a few hundred pips. This trade is likely to be completed within two...
I will prioritize buying if the trendline holds and shows an upward movement. However, if the trendline breaks and I observe a double top pattern indicating a downward move, I will look to sell.
Pivot = 152.20 Key Observations: 30Min Trend Break engulfing candle observed in the Pivote level Head and shoulder Patten observed Start to sell 151.413 - 151.700 Target 1 - 151.35 Target 2 - 150.85 Target 3 - 150.45
I'm Looking for sell trade on GBP/USD 30 Min Trend Break observed and the Sellers are push the market price mssively the wick candle printed already Head and sholder observed Pivot = 1.0545 Start to sell 1.05400 - 1.05300 Target 1 - 1.05150 Target 2 - 1.05000 Target 3 - 1.04850
Pivot = 96460 Key Observations: 30Min Trend Break engulfing candle observed in the Pivote level Head and shoulder Patten observed Start to Buy 97841.00 - 96871.00 Target 1 - 99960.00 Target 2 - 100980.00 Below 96460, expect 94740 and 93710
Pivot = 1.2770 Key Observations: 30Min Trend Break Double top printed with big wick Head and shoulder Patten observed Start to sell 1.2757 - 1.2800 Target 1 - 1.27450 Target 2 - 1.27150 Target 3 - 1.26900 Target 4 - 1.26900 Target to the Next Support 1.26699 is a Max