Price appears to be at a "C" Leg of a Bullish Shark Pattern on the Daily TF. I would be expecting for pattern to complete the "D" Leg with a retracement to half of the "BC" Leg, near 1.07500.
Price seems to have stumbled back into the channel as well as a retest on bullish trend line, we could expect a completion of a bullish shark pattern at .886 Fib lvl for Long opportunity.
Price has reached a very good resistance area also followed by a test of 1.27 fib level on a bearish butterfly.
Price may continue up to a second higher level on a 1.618 fib level for a completion of a bearish butterfly.
Lets start the week off with a good trading plan, Happy trades!
Whats up young piplets.
Audusd seems to be travelling in an uptrend sideways what u macallit Pink Trend lines.
We got a couple of patterns in formation ''Expecting price to be bullish for a moment'', taking into consideration Possible Sell Zones.
Also on the Daily TF we have a big bullish pattern in formation expecting possible reversal around 0.71300 got...
Got a break of support could be looking to test resistance and then continue its way down, We got a good bearish spinning top on the Daily TF resistance
BEARISH CHANNEL.
PRICE BROKE BELOW PREVIOUS SUPPORT CURRENTLY RETESTING RESISTANCE 9K, 0.236 FIB RETEST
PREVIOUS CANDLE IS A SHOOTING STAR.
AIMING FOR A RETEST ON SUPPORT 3500!
Whats up everyone, MasterPIp here with another amazing looking chart.
I see a possible Head/Shoulder forming at the moment we see a double top on this Daily TF.
If so we could lead to major pips downward towards the neckline followed by the break below all the way down to 1.07000 area.
Whats does the price cost ? How much will you pay for your trade?
A Head & Shoulder would profit me 60 dollars off a 0.03 lot, taking the time to identify it ofcourse my laptop doesnt get charged for free, I must pay my electric bill, wifi bill, etc.
The retest ofcourse is like a discount you get for being patient and the reward will be amazing if it goes my...
The price looks to be at a resistance level I see a spinning top possible movement back towards support around 10100, leading to a test and continue up more or possible break below.
Okay now.
The price seems to be in a steady sideways movement on the Daily TF.
This spot is a good resistance area bringing a possibility to move the price to suppport around 0.87300 area.
If a break support were to occur, that will take the price down to the next level of Daily support around 0.84000 with a Maximum of around 400+ PIPS!
Show some love for them profits !
Whats up traders.
MasterPips here with another Possible learning and earning experience.
Looks to be in a channel Formation on the Weekly, Daily, 4h charts.
Im going with the Daily & 4H possibilities ranking up 700+ or 1500+ Pips
I could also see, a not so perfect Tripple bottom retest of neckline giving the Bulls a heads up!
Risk it to biscuit!
MasterPips here with what seems to be a Head&Shoulder and Retest of neckline.
Giving us an opportunity to make various amounts of Pips!
Take the chance or watch it play out!
Dollar looks to be getting weaker making the Euro stronger.
Candle closed above half area on support and resistance.
Looks to be aiming to resistancce area around 1.24835
It looks to be a Head and Shoulder on the h4 TF.
Price could just be testing on a resistance Neckline to continue its journey down with a possible 230 pips profit!
Hows it going traders. Master Pip here with a quick short.
Forex made simple, dont complicate it. Inbox me, if you have any questions.
Tested resistance on the daily 0.90350 to continue surfing down to weekly support 0.86880
