Something to think about through the weekend. A bullish HnS, left shoulder being formed as retest to the broken trendline. Lets see what it has in store for us.
Hoping it would retest the broken flag completing a bullish Quasimodo. Upon completion, engaging a 3pple top shorting it.
between me and this pair here, one of us is being killed today. A broken trendline caked up with an H&S retest. a lil cream of a rising wedge. I mean who is being killed today?
GbpJpy has been a blessing lately with that short move forming the Head from last week. Trendline breakout, Left Shoulder formation, killing that H&S will be another reason why pips should be pouring once again through this pair.
Once the pair breaks off the rising wedge, we predict that it would form the left shoulder of a mini H&S while retesting the broken wedge then complete the mini HnS paving way to the larger HnS. Killing 2 birds with one stone!!
We observed a break on a bullish rectangle and a pennant. Waiting for a retest to complete, confirming the breakout.
Lets see if it will break the trendline, then go short with. #Trade2Freedom
Hoping for a reversal pattern, which would then probably make a triple bottom as the M pattern completes.
Waiting up on it to form a reversal pattern. In that case it might join in also forming a triple bottom as to be completing the M pattern. We are not responsible for any lose of money trading based on this setup.
Looks like it would be completing an inverted Head and Shoulder pattern. We are not responsible for the lose of money trading based on this setup. This is just a possible trading idea. Kind Regards
It seems the pair be forming a descending triangle which would break down giving favor to the bears for a swing short setup. We are not responsible for any money lost while trading based on this. This is just a possible bearish idea based on our analysis. Regards.
The pair broke on a trend line from 2013-06-11 and caught it sitting on a support zone. We looking forward to it retesting the breakout then prolly the bears would take control as shown from the analysis. Thus selling it @ 0.87742. Apart from the break out, it looks like its also completing a head and shoulder pattern.
The pair is to be completing a head and shoulder