Price dropped as expected after retesting. My entry was inspired by the double top formation which indicated to me that price is nearing the end of its corrective phase and the impulsive phase is next.
Price has broken out the bear flag formation and is retesting. The retesting period has formed another pattern that compliments the overall direction, the pattern is a bearish pennant. Possibilities of a sell are strong because price is near the 4hour resistance trendline, so a strong rejection would be my entry signal. and dont forget the possible double top formation.
Price has broken out the ascending channel and is currently retesting, we should wait price to show us clear rejection before entering.
Price reached our first target, protect profits if you are still holding.
Price has dropped with great impulsiveness after testing the daily resistance zone. We can also see that price has formed a rising wedge, price could very well break out the pattern after a brief retracement.
Price has broken out the bearish wedge it has formed and has retested. We can also see that price could be completing a double top formation meaning that this could be a swing trade.
Price has recently tested a resistance zone and trendline. Price is also moving in between a bear flag formation.
Price is dropped as expected i shared this setup a few days ago, those with open trades should hold moving into the new week.
Price dropped as expected guys, it could very well retest from this point because its currently on a pivotal zone. So if you have open trades i suggest you start securing profits.
Price has created a rising wedge against a broken support now resistance. we can also see price broke out impulsively and is currently retesting in a corrective manner which increases probabilities of an impulsive drop.
Price is moving as expected but it seems to be forming an ascending channel so a retracement could occur. Secure partial profits .
Price previously formed a double bottom and then broke out the neckline before retesting in a corrective manner, in this period price formed a bull flag and within that a small double bottom formation. So basically alot of confirmations. This is highly probable because gold is also in a strong bullish trend.
Price just broke out the ascending channel, the breakout wasn't too satisfying but a strong retest and clear rejection could make up for it.
Price formed a double bottom before breaking out the channel and its currently retesting.
Price still at the support trendline and its still too early to say. However price has just finished its impulsive move to complete the previous patterns prediction which gives this setup high probability of pushing higher impulsively
Price just broke out the channel and is retesting so be vigilant because this pair is sneaky. The break out is valid because it was impulsive.
Price is still on the support trendline and support zone and its showing good rejection which could mean that price is ready to consolidate. After that consolidation period, price should give us a clear direction. However price is in a ascending channel and has a higher probability of moving higher because thats the overall trend