ThePip_Machine

ThePip_Machine

long

ThePip_Machine

usd/jpy short

ThePip_Machine

SHORT

ThePip_Machine

SHORT POSITION 1:1

ThePip_Machine

SHORT

ThePip_Machine

usdcad short

ThePip_Machine

GBPJPY

ThePip_Machine

gbp/usd

ThePip_Machine Updated 

According to the structure if the price action retests the resistance line we will go long with sl just beneath the resistance line and tp at the peak of the last wave. after tp i think the price will go down because it looks like a rising wedge. after the break and the retests of the rising wedge we can go short but it all depends on our first scenario. remember...

ThePip_Machine

SHORT POSITION ACHIEVED

ThePip_Machine

SHORT POSITION

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CAN GO LONG

ThePip_Machine

SELL AFTER RETEST OF RESISTANCE AND 50 FIB LEVEL. RSI SHOWING BEARISH DIVERGENCE . RISING TRENDLINE BROKEN

ThePip_Machine

PRICE ACTION BROKE THE RISING WEDGE FORMATION ON 1 DAY CHART AND IS CURRENTLY BELOW THE 61.8 FIB LEVEL PLACE STOP LOSS JUST ABOVE 50 FIB LEVEL AND TP AT THE RESISTANCE

ThePip_Machine

LONG. PUBLISHING FOR MY OWN RECORDS

ThePip_Machine

AS YOU CAN SEE THAT THE MARKET IS ON A BULLISH UPTREND AND IS FORMING A H&S PATTERN. ACCORDING TO THEORY IN AN UPTREND A H&S PATTERN IS A REVERSAL. CURRENTLY IT BOUNCED OF A KEY RESISTANCE AND IS TESTING 50% FIBONACCI LEVEL IF THIS LEVEL IS RESISTED AND ALSO BREAKS THE SUPPORT. I WILL PERSONALLY SHORT IT AFTER IT RETESTS THE NECKLINE RESISTANCE WITH A TP FROM...

ThePip_Machine

JUST BUY IT

ThePip_Machine

FALLING WEDGE PATTERN BROKEN RSI SHOWING BULLISH DIVERGENCE . BUT AFTER RETEST AND USE STOCHASTIC OSCILLATOR TO ENTER TRADE