In continuation of our risky idea. On a shallow timeframe an inverted head and shoulders pattern is formed. Let's try to buy.
Figure head and shoulders. Risky entry. Small lot The Head and shoulders model is a classic graphical trend reversal model. This model consists of three consecutive peaks:
A very bold idea. A Wolf wave is forming on the dollar index. Looking for an entry point. I'm also still looking at the Head and Shoulders pattern. At this point we go to draw the second shoulder. We wait for confirmation.
Hello all. At the moment I see the following situation on the euro-dollar pair. We have formed a stretched plane. The structure of waves in a stretched plane Wave B extends beyond the beginning of wave A, ie, it is more wave A in amplitude. Wave C in this version of the plane is larger than wave B. If the ascending wedge pattern is confirmed, we can try to sell...
DXY LONG As a continuation of the last post. A good point to buy the index
"Cup with handle" in Forex technical analysis is a trend continuation pattern. Aggressive way to trade the Cup and Handle in Forex The aggressive way is always the most dangerous. The danger lies in the fact that you have to enter the market when the pattern is not yet fully formed, namely, at the moment of formation of the handle. On the other hand, if the...
A Wolf wave is forming on the dollar index. Looking for an entry point. I'm also still looking at the Head and Shoulders pattern. At this point we go to draw the second shoulder.
A very bold idea. Perhaps a development of the Head and shoulders figure. We'll be watching.
The head shoulders. The price has reached the neck line. We are waiting for the figure Head and Shoulders.
A Head and Shoulders pattern is beginning to form on the dollar index . If the forecast is correct. It is possible to sell the Euro /Dollar pair before the formation of the second shoulder.
The dollar index is in an ascending channel. It's a good time to start buying. Good luck to all
Bear Wolf Wave An alternate scenario worked. I had planned to draw the Head of the Shoulders originally. But the Wolf's Waves worked out. At the moment we are waiting for the rebound.
I expect the dollar index to go down. The target is 91.0.
Pattern "Wedge" First of all, it should be noted that this figure is usually just a figure of fracture trends or trend in Forex. The pattern of a WEDGE — figure technical analysis of Forex, which has converging lines of support and resistance, the direction of formation coincides with the direction of the previous trend. If the Wedge is directed upward in an...
Bearish Shark Pattern The bearish shark pattern above illustrates, especially the entry and exit points.
n the above chart, we notice from the left of the chart, that price was in a down trend. Soon, it establishes resistance level and drops lower only to rally back up to test the resistance. On successful test of the resistance, price drops back to make a lower low, forming the head and eventually makes the right shoulder. After this, price breaks the neckline...
The above chart, we notice from the left of the chart, that price was in a down trend. Soon, it establishes resistance level and drops lower only to rally back up to test the resistance. On successful test of the resistance, price drops back to make a lower low, forming the head and eventually makes the right shoulder. After this, price breaks the neckline...