SHAQZ

SHAQZ Updated 

in relation to yesterdays idea which did not happen exactly as planned my view is still down we see price has impulsed to the upside twice with the second impulse being shorter meaning we sense weakness in buyers beliefs that this pair still has play to the upside therefore i will be looking for a break of the current 15m corrective wedge that has formed to enter...

SHAQZ Updated 

im expecting price to correct before impulsing down wait : NB wait for the corrective pattern to form dont trade now

SHAQZ

we could see a completion of this expanding pattern for the Pound but if price impulses to the downside and break correction pattern support i will update trade idea to a sell but for now we seems to be going up we also see a sort of AB=CD pattern with the first impulse leg highlighted in purple being the exact impulse it would take to complete the expanding pattern

SHAQZ

i am waiting for the retest of the bigger trend but first price should correct then retest

SHAQZ Updated 

price has corrected upwards meaning bulls are not strong enough to push the market up if we see a break and close below highlighted structure we might have a impulse to the downside ...look for sells

SHAQZ Updated 

seeing price at previous resistance level and forming a corrective pattern im expecting a impulse to the downside

SHAQZ Updated 

we see price has broken out of corrective structure we will wait for a pullback or correction on the 15m to go long

SHAQZ Updated 

we see price on the daily Tf has been in a downtrend i believe price has bottomed out watch for reversals at the break of this corrective structure

SHAQZ Updated 

on daily chart price is near resistance of what seems to be a wedge now price has started correcting in the form of a wedge will wait for the break below and close of structure to open a short trade

SHAQZ Updated 

As analysed we got the push to the upside if you missed the first entry you can get in on the pullback

SHAQZ Updated 

yesterday price attempted to rise but failed today we see price forming at support in the form of a corrective pattern as we are expecting a impulse to the upside will go long at the break and close above highlighted level Nb: do not assume price will impulse to the upside as it could also impulse down but our favored direction is to the upside

SHAQZ Updated 

Price is presenting itself to us in the form of a correction on a previous resistance level if bulls can maintain this level and push to the upside i will be looking for a close on the H1 Tf to break and close above highlighted recent resistance to open a long trade

SHAQZ Updated 

sell at the break and close of the highlighted support area

SHAQZ

if you missed the push up there could be a pullback presenting itself we need to see price reject the highlighted previous resistance and turn at the level to form new support to get long

SHAQZ Updated 

we had a big drop yesterday on which we grabbed some nice pips now price has bounced off the daily wedge pattern support lets wait for a pullback on the 15min and retest of previous broken structure to get long

SHAQZ Updated 

we see a retest of broke structure i will be entering a short now with rr of 2:1

SHAQZ Updated 

we had the expected drop now price is at a previous demand level will buyers be interested in buying at these price lows and give us a double bottom to enter a long position

SHAQZ Updated 

we had a very strong drop out of a bigger tf pattern now a possible inverse head and shoulders forming lets wait for the break of the neckline and close above to get in a long trade