expecting this channel structure to be respected
currently in need of reaching our main trendline from this small correction. should fill the higher range once price reaches the trendline
trendline break followed by forming correction. waiting for breakout
descending channel forming, looking for a breakout
price broke from the large trading range and formed a correction
continuation pattern forming, looking to break out of the resisting trendline
HTF retest of new resistance, also formed a correction.
entered on the low of the wedge structure
waiting for the smaller descending channel to break then expecting the larger wedge structure to break as well
Large rising wedge being formed. looking to enter on the pullback up to the current resistance which correlates to our 50day MA. Therefore if we see a rejection then we will enter shorts, expecting price to break from the larger structure as well.
large ascending channel structure has been broken on all timeframes, looking for price to fall to this support area.
confirmations: head/ shoulders reversal with retest, falling wedge reversal, MA retest, resistance turned support retest, potential continuation pattern forming.
Descending channel breakout
Falling wedge pattern breakout with clear retest
large correction breakout on the daily time frame aiming weekly support zone
Confirmations: 50day MA rejection Support area rejection- this is the 50% fib retracement from the downtrend starting in April 2019 continuation pattern forming- price created a new daily low to help form this pattern