forextrader1088

forextrader1088

Prediction

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s

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Simple H & S

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ABCD, 3RD TL BOUNCE

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..

forextrader1088 Updated 

Expecting price to fall down, complete inverted h & s / C leg off ABCD.

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UK100 - ABCD

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PERSONAL

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61.8 acbd

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Triple top, retouching structure, double top, divergence. Oil to touch 43.00$$$

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Buy the third touch, ride up to complete bat pattern, also mini abcd. Then price to melt to 45.

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using for trading journal

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Price will find 0.7400 as strong support, mini abcd, inside abcd

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EURGBP, On the monthly TF price has bounced off the 50fib level, hence for the overall bullish move. But since the bearish move on friday, a break below 127, will see a return too the - 61.8 fib level / Counter trend line. Then depending on price action could see a retracement up too - 27fib level / trend line / monthly resistance at 129.

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Daily pin bar off the 1.29000, currently broke inner trend line, and closed above 1.3000 on 4hr tf, expecting return too outer trend line / 61.8 fib! Happy trading

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*Personal trading journal*

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*Personal trading journal*

forextrader1088

*Personal trading journal*