if the price breaks the previous high after the pullback i expect the price to continue rising
previous resistance now turned support after the bull back I expect a nice move to the upside creating a new higher higher
the price has broken the structure after the retest i expect a nice move to the upside
ascending triangle The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern. There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns. Every time when the market breaks out through a certain resistance or support level,...
consolidation, price is failing to break the previous hh. if the price break the structure after the retest i expect the price to continue falling
price is making HH and HL after the retest, i expect a nice move to the upside
What is Market Structure? Market structure by definition is the simplest form of price movement in the market and is being to read it. It is basic support and resistance levels on the charts, swing highs, and swing lows. These are levels, which are easily identified and hold until they don’t. Market structure is a trend following tool that traders read and follow...
after the pullback I expect the price to continue falling
after the retest, i expect a nice move to the downside
previous support is now becomes resistance after the retest I expect the price to continue falling
the price has broken our trendline, after the retest, i expect a nice move t the upside
A descending triangle is a bearish chart pattern used in technical analysis that is created by drawing one trend line that connects a series of lower highs and a second horizontal trend line that connects a series of lows. In this case, the price ended up breaking above the top of the triangle pattern. After the upside breakout, it proceeded to surge higher, by...
previous support now turned resistance after a pullback, i expect a nice move to the downside
previous resistance now turned support. levels that formed resistance will act as support, once the price breaks above the resistance level.
price has broken the neckline after the retracement i expect the price to continue rising
A symmetrical triangle implies that the market cannot decide whether to break up or down. Once the triangle is broken by the price, there may be a substantial move in the direction of the break. Symmetrical triangles can be used to interpret large breaks in price. If the price breaks through the triangle to the downside, there may be a large move down. ...
the price is failing to break the previous high. if it does not break the resistance level i expect the price to fall