In USOIL today, the price is likely to rise in the quasimodo zone due to the reaction from the doublemaru zone on the H4 timeframe. Seen in the LTF, the quasimodo area is clearly visible. Pay attention to the price reaction when moving towards the zone. If there is a reaction, Buy can be taken
In USOIL there has been a reaction in the Daily result of the doublemaru zone in the past. then the zone has also reacted engulfing. When viewed in the lower timeframe, a quasimodo sell pattern is formed and the current price is already running.
Oil is still in bearish. waiting price in that zone and wait for confirmation. If no confirmation = no trade (price still uptrend)
Take short trades for greater probability because a lower low has been formed
Is a GU scenario going like this. Prices will fall further because demands have been taken in compression
EU looks like it will resume its downtrend if it can break supply as soon as possible. Short can be done by waiting for a pullback in the supply area
The Eurusd pair has the potential to bounce off LH and will continue the downtrend. check the trendline whether it will continue down or even break
long term GU. After failing to make an HH and instead break HL then make LL, the retace area has reached level 50 fibo from the last LW swing. it is likely that the market short GU is looking to the last LL swing level.
In the USDCHF pair, the 1D time frame is changing bullish because it has engulfed the LH. Move to the 1H time frame to find a long position pullback with the upper LH target.
Any idea? According to my scribbles who are just learning SND, prices are compressed sell and buy and touch the left RBD. The decision point is on the engulfing candle. It is likely that the price will drop until the start of the compression buy around SR Flip 1.0890
Trend of 1W touched downtrend trendline. there is a possibility of a bearish market. Look at the TF below to see if LL is broken. TF 1D has not seen a pattern. TF 4H pattern already visible HL-HH-HL. Wait until HL breaks to form LL and LH. Look at the lower tf again to see deeper patterns. In TF 1H it has been seen forming LL and LH. Wait for retrace to take short.
Will the EURGBP pair form a head and shoulder pattern? Seeing the formation of the left shoulder and head, just waiting for the formation of the right shoulder
AUDUSD 4H time frame pair position is currently bullish and has touched the bearish time frame 1D trendline area. Seeing the candle pattern that appears is the ascending triangle, then the possibility of AUDUSD will break the trendline and continue bullish then retrace
pair nzd usd time frame 4h is in a bullish condition. we wait for the retracement in the zone demand at 0.6240 to continue the bullish trend. TP: 0.6400 SL: 0.6210