Very simple procedure, yet so many get this wrong. during market trends, we must: - identify the break of the previous high/ low if the current candle has closed past it. - this gives us the green light to draw our supply/ demand zone at the first candle of the impulse (however, we can also adjust the S/D to the last candle of the correction if the latter...
Using our Swing Trader-Pro indicator, we suggest that price is exhausted at this level and could resume to the downside. This area is highlighted green due to our confirmation indicators all implying a successful correction from point B to Point C and a potential reversal is on the cards. - Key levels have been tapped - Large candle rejection - Currently within...
this pair seems to be forming a new ascending channel pattern. Expecting price to continue to respect this structure and fill higher, then come back down and break out to the downside.
large trading structure similar to EURJPY is being respected, we could expect a break of this structure to the lower side in the long run.
expecting [rice to complete this pattern structure and break lower to the bottom of the trading range
EURUSD is still suffering from bears at this moment although we could expect the Dollar to weaken over time which could send this pair outside of the descending trendline and fill this range higher
supported by a strong holding trendline, I think price will reject the top end of the trading range and come back to this trendline, but we should expect a rejection for the third time before finally breaking on the fourth touch. We will be entering on the break
price is currently trading inside this ascending channel structure whilst also near our major resistance level. Should we get a reversal, we will be looking for a break of this channel pattern and also look for a correction further down to add entries
price is forming this small trading range, expecting a touch on the resisting trendline before dropping and respecting the structure
Trendline break followed by this current continuation pattern forming. Expecting a small push higher to the top end of the pattern in correlation with touching our 200dayMA followed by a hard drop.
After refreshing our chart on this pair it still seems likely for a potential long term short position. Third touch on this resisting trendline should be enough to force a harsh rejection down to complete the overall trading range/ structure
expecting price to respect this current wedge pattern and continue down to our supporting trendline. hopefully we see a rejection followed by a breakout of the wedge and continue higher to the top end of the main trading range.
waiting for a breakout of this rising wedge correction.
Respecting this current rising wedge structure, should see price move higher to complete the formation before eventually dropping hard
waiting for breakout of smaller structure, anticipating range fill
waiting for a breakout of this wedge pattern
expecting one more push higher inside this current structure before breaking to the downside