the price is getting near a big support and the last candle seems to be the final flag .I would take long.
parabolic wedge top. 3 pushes up. one double top . short would be profitable.
as you can see we have a revers head and shoulders pattern in 15 min chart.good for big lot sizes.
As you can see we have head and shoulders pattern in daily chart . profitable for small lot sizes. you can sell with sell stop below.
tight bear channel. risk to reward is great. lots of bear bars. use sell stops
Hi every body. As you can see we had a failed break out above a downtrend channel . I think bulls don't have enough power to increase the price.
time frame is 30 min . we have a tight bear channel . any break out above this channel will fail Just take a look at the tails above daily bars . You will see.DO NO TAKE LONG POSITION.
As you can see the trend turned into a trading range inside a horizontal channel . I'd rather use 30 min chart. What I see inside the channel is that bulls do not have the enough power to have a new HH and we have strong bear bars closing on their lows .so I think still bears are in power. my first target is the prior double bottom. Still holding. GOOD LUCK
As you can see .gbpusd is bouncing inside a descending channel. still hard to break out in 30 min chart .1day chart is also confirms that.
it's so hard to have a break out. still bouncing inside this channel . waiting for a good break out.
Hi everybody. As you can see the price is bouncing inside a descending channel .I see also a horizontal support and resistance area that are hard to reach for the price. There are not enough prominent bull bars to increase the price. Short is more logical. Please comment to share ideas. Thanks.
I think Gold has passed a minor resistance . there are two other minor resistance towards up. But by paying attention to prior bull bars ,60 percent chance of passing them too.
I think it is inside a channel .hard to go above the double top.60 percent chance that this time ,there will be a successful break out.
The price is bouncing inside a channel. The truth is that 80 percent of break outs fail. But this time the evidences are Clear. Not enough bull bars. Bars with big up tails.not enough power to bounce up. Minor triangle which is broken downward. Inside bars. Good luck guys.
at last we got a reaction to the top of the channel.Thanks God:).waiting for confirmation.scale in.
It may be moving in this channel.3 pushes up are completed . waiting for a pull back. stop above the hi of the channel.
this is an update of the prior analysis. The last is still valid. Just one push and one double top is added .I would sell.
3 wedge tops.and 2 nested 3 wedge tops.big offer for a lovely short.just sell.don't hesitate.stop loss above number 3