Update to my previous USDJPY long idea: Price may make a double bottom/retest of trendline with a potential Gartley that fits neatly to trendline and target area. Good luck
Price broke structure so I prepare for a long, but I won't buy before I see price either confirming a strong up move and buy the pullback (!) OR buying the BO out of a forming flag (2). Good luck
We have a completed H&S pattern with broken neckline. Price is now moving in a flag and may consolidate for quite a while. If price breaks to the upside rapidly, I keep in mind that this may very well be a fakeout and quickly reverses down so I'm not looking for any longs right now. Once Price breaks the flag to the downside I'm all in for a nice sell down to the...
Price broke to trendlines in recent time so both directions are possible. If Price breaks the flag to the upside, I think we're going to see at least a retest of last top. A break to the downside should go to the .382fib/demand confluence zone. Good luck
Price currently moves in a flag and may break the trendline (1) which is an indication for an upcoming move to the upside but I won't buy before Price breaks the flag. On the other hand, Price just broke a wedge to the downside so the bias should be down. Price moving up could be just for a retest of the now broken wedge. Good luck
The supply zone held strong and price broke through the trendline, violating previous highs which validates a downtrend. I'm waiting for a pullback intro the trendline/.382 fib before shorting. Good luck
We have a potential bearish Gartley pattern with a C point neatly on a strong demand/fib extension/trendline confluence zone. I think this a high probability trade opportunity. Good luck
I won't sell before breakout because there's still some room to the upside (price didn't pullback to trendline)
Price broke trendline to the downside and pulled back to it and got rejected (also by resistance)
Price pulled back to trendline again with huge rejection (pinbar)
This double top may seem like a good short, but I don't believe in the start of a bearish trend. First of all, we have a long bullish pinbar in front of us. Second, Price broke a strong resistance (now acting support) from april/may 2015. Third, looking on daily chart, we see nothing more than a pullback to trendline after BO. Good luck
Price formed triple top and is moving in a triangle. In case of BO ,I will add another sell. Good luck
Price is now in a pullback and today's candle shows rejection/buying pressure, signaling (potentialy) further movement to the upside. Looking on EURUSD one can see that this pair is probably starting a downmove which makes a buy on USDCAD a plausible option but still countertrend.´. Good luck