DAX is dropping and this is why; - We come from a double top zone that has previously been a double. - As you know an ascending channel is a reversal partten to the upside. Drop down to smaller frame to see more.
Please keep an eye on this pair! The price is currently pushing to the upside aggressively but that of course is close to an end as we are anticipating a third top and the drop of the descending channel. The chart itself tells more than I can tell.🔭🧠💥
What you are looking at is a simple continuation chart pattern called a flag, a bearish flag so to say. Well it doesn't really matter what it's called. You don't have to know its name, you just have to train your eyes to see it. Look for it in your chart pattern sheet and train your mind to see it in the market if you have not done so. Have a look at this pair...
This is an evolved analysis of what I have already shared.
If patterns and market structure are your thing then this chart speaks volume to you. This pair is obviously going to push up a little until around 142.224 before dropping down aggressively. Keep an eye on it and act only when you have to. ☮️📈🧠
Be mindful of how this pair moves. Well, this is how the market price generally moves. It prints out impulsive legs and correctional patterns. Once you develop an eye for patterns you start becoming aware of how the price behaves. Pause, look attentively at how this pair has been moving on a bigger picture. Can you see what I have tried to get you to see?Now,...
On this setup which I shared last week right here on my tradingview, I anticipated that the price would reach the 90% target to complete my overall risk to raward ration of 1:9. However, looking at how the price is playing out, it seems as if the buyers are stepping in to push the price to the upside, -that is seen in the the descending structure (blue trendlines)...
BTCUSD has printed out a nice head and shoulders pattern. We are currently at the neckline with the right shoulder already formed. The neckline is considered to be the safest spot to enter. In addition to that we have already experienced a clear break of a minor ascending structure. Keep an eye, see how it unfolds, and act when you need to.
This is one of those times you can jump in and let the game of probabilities do its thing. Risk management being key in this case.
Look out for selling opportunities this week on XAUUSD.
The descending structure has now reached its climax. The price is on the other hand rejecting from the privious horizontal significant area. Looking at our analysis, the following week will largely be for sell as the price has a high probability of dropping to the downside. Please keep your eye on this currency pair.
Sell and thank me later! I'm only just kidding, 😅I can't tell where the price is gonna go next. This is what I'm seeing when I look at the chart. Be sure to watch this pair,I think it will unfold in an amazing way.
I would re-enter even if I get stopped out, this pair has printed out enough confirmations for long positions. Keep an eye
Observe how the price keeps repeating a pattern. If I explain further I will confuse, just keep an eye on US30 and act when you need to.
There's nothing much to say about this. The analysis itself tell you what you need to do. I recommend that you keep your eye on this, - it's going to payout.
Let's keep our eyes on this pair, _ I believe we can have ourselves a nice week of buys if we keep our eyes on the ball without.
US100 has been pushing to the upside using two forms, - impulse and correction. For the past two-three weeks the price has been consolidating within the blue channel, which I believe will be followed by a big impulse to the upside. Keep an eye and be mentally flexible 'cos anything can happen.📈💥
Notice how the price has impulsed to the upside and then create a big correction. Inside the correction the is another structure being formed, - a mini impulse and the mini current correction that's leading us to the downside (potential double bottom) before impulsing continually to the upside.