This channel is not ready to break out yet, I can see it coming down one more time.
I anticipate market makers to push this trade below support / trendline that is why I am not going to take this trade right away even though is my perfect set up. But limit pending order at 0.89985
This pair has respected trendline , possible breakout of this descending channel for 200 plus pips
Rejection of 116.500 confirmation of a reversal possibly back to previous support 112.500 Wait for bearish flag to enter this trade.
Wait for restest around 1.99552 and ride it for 400 plus pips
This market broke out of ascending channel now bears smell blood. Wait for a flag for downward continuation or place a sell limit order at 0.73000 and ride it all the way down to .70000
This descending channel is ready to reverse and possible break out.
Good entry at the bottom of descending channel and good potential to breakout for long term
0.83500 is area of strong affluence and buyers will push market upwards and possibly break out of descending channel.
I normally enter this set up at the bottom of the channel , but I am confident it will drop as this descending channel is at early stages and not ready to breakout.
while flags can goo on for a long time, this is a good probability of a bearish move.
BTC bullish pattern forming. I anticipate push to upside in the middle of January 2022
Plain and simple bullish flag forming. It may drop to bottom of descending channel or just shoot up.
This market has been over sold for months. The bulls are about to push up.
This descending channel has a perfect entry with low risk to reward factor, and possible break of upper level .
DXY dollar index will dictate the move of all majors. While the structure indicates an uptrend a pullback has to happen.