ThePinnacleTrader

ThePinnacleTrader

With prices reaching the value area , the three touch structure and ascending channel shows a potential reversal from the bears.

ThePinnacleTrader

H1 timeframe shows significant market structure with prices reaching value area

ThePinnacleTrader

With prices breaking above the value area and returning below to confirm a potential bearish reversal to the downside, market structure signifies he bears could rally prices to the downside.

ThePinnacleTrader

Ascending channel inside an ascending channel shows clear market structure where prices have completed the three touches. Bears could be potentially moving in to strengthen prices to the downside.

ThePinnacleTrader

Clear market strcuture on the pound aussie shows a temporary bulls run to the 1.96983 level. To complete the three touches and potentially setting the bears to push prices to the downside.

ThePinnacleTrader

With prices reaching a valuable area to complete the third touch of the ascending channel, we will be looking for bearish momentum(entries on lower timeframes) with a confirmation of a high test candlestick closing on the daily.

ThePinnacleTrader

AS prices broke above a value area, we look to capitalize on the current bearish momentum to the down side. A close of the bearish candle confirms a evening star candlestick pattern, with a complete three touch pattern strengthens the bears momentum .

ThePinnacleTrader

Pattern inside a pattern(descending channel inside a descending channel) shows a potential bullish reversal.

ThePinnacleTrader

A clear break of an ascending channel strengths a short trade bias on the pound cad.

ThePinnacleTrader

Strong confirmation of a short on the pound dollar. With valid structure and obvious test of value areas, strength's a bears run to the downside.

ThePinnacleTrader

With prices breaking the previous high, a close of a bearish engulfing candlestick on a higher timeframe and market structure, looks to confirm a inflow of bearish momentum to the downside.

ThePinnacleTrader

A potential bullish rally to complete the third touch of the ascending channel and take out the high of the structure.

ThePinnacleTrader

With price strengthening to the downside, bears look to push prices lower with the break of structure.

ThePinnacleTrader

As prices reach the 1.73543 level, potential short opportunity with confirmation of bearish reversal and continuation patterns will further strengthen the bears momentum.

ThePinnacleTrader

Long term short on the dollar Swiss after a break of the ascending channel.

ThePinnacleTrader

The Euro pound shows potential temporary bullish run to the upside to significant levels before continuing the bearish trend to the downside.

ThePinnacleTrader

A potential short to the 0,55715 level before we see price rally to the upside. (Check out DXY idea, opposite correlation)

ThePinnacleTrader

As price broke above the area of interest around the 0.91082 level, we see a temporary price rally to the 0.92165 area, creating a potential reversal to the downside.(Check DXY idea- positive correlation.)