This pair has been in a downtrend and has broken below it's most previous support level below the 50 EMA. Now that price is back at the zone and still below the 50 EMA, I will be looking for shorting opportunities for this week.
Price is sitting below a level that was previously support. Price has retraced back to that zone, and price is currently building momentum to continue down to the next zone which I believe that will be the around 1.19400 area. Should see in a week or two.
After hitting the first take profit, we have the same exact set up in the most recent zone. I see a perfect opportunity for sell orders. I am looking at the next zone as a level of Take Profit. It will probably take a week or two to hit the level, if my analysis are correct.
Price has broken a level on the daily which was support earlier this year in January. Since price has retraced back to this level, I will be looking for short entries if I have confirms. If I do get the confirms, I will have take profits at 134. level
Price has failed to continue up and now we are looking at shorting opportunities. Price has pushed down and retraced up the zone outlined in green. I believe price will continue down. to the next zone.
Price reached a resistance level on the daily level which was originally support. Price will continue to push down to the next zone that is mapped out.
Price has broken a support level which is now resistance. Since there is momentum in the market, price will most likely hit P
This pair is coming up to retest a level of structure resistance that has been tested more than 3 times looking left. I will be looking for shorting opportunities throughout this week and next week.
Price has pushed back down to this level again. Looking left, there is a huge wick that has the potential of being filled. I will be holding buys for awhile on this trade.
This pair has been pushing down nicely, last week was the large pullback. This pullback has pushed into a level of resistance that was once support. I will be looking for possible trend continuation shorting opportunities from this zone throughout this week.
Price has broken a level that was originally support. Price has pushed down and retraced back to this level which is a level of resistance. If price can give us a confirm signal, then I will be looking for sells with a take profit around the 107 area.
Back testing and practicing. Please let me know what I can work on if improvements are needed.
Hello World, First I like to say I am still new and still learning forex. I am practicing pattern trading and I just wanted some feedback on this cypher pattern. What improvements would you recommend? Anything helps thank you.