Price created a Inverted H&S pattern on the 4hr time frame. Expecting for price to climb up to the 50% zone of the FIB extension.
Expecting for price to reject the top downward trend line breaking thru the consolidating triangle and retesting the past support.
Price just finished making its third touch on the bottom upward trend line. Expecting for price to break thru the trend line and keep climbing up to the past support zone.
Price is currently floating on a strong Resistance Zone. Expecting for price to shoot back down retesting the previous W formation which in facts is the 50% zone of the fib lvl.
Head & Shoulder pattern has been spotted. Expecting for price to anticipate to the Strong Support zone.
Looking for price to shout down breaking thru the trend line visiting the previous support zone. Afterwards expecting for a pull back to the trend line to climb back down heading to TP2.
Expecting for price to climb back down to the bottom upward tranline, Price is currently respecting the trendline zones.
Looking for price to create a reversal trend anticipating a strong Bearish move.
Price is getting ready to break thru the Top Downward Trend line. Breaking thru a previous ceiling & visiting the 61.8 zone
Expecting for price to break thru the Resistance zone, pushing up counting the Bullish Trend.
Price formed a Double Bottom or visiting a previous Support zone. Expecting for price to sky rocket to the 50% zone of the Fib level, creating a third touch on the downward top Trend Line.
Looking for price to climb up to the 50% zone respecting the level to then pull back to 61.8 not breaking the level but retesting a past Support Zone. Expecting for price to then continue the Bullish trend visiting another past Support Zone
Price is looking to shoot up breaking thru the resistance level going to the 2nd market gap. Looking for price to pull back down to the upward bottom trend line creating a strong confirmation in the market so the price can move create the first strong bullish move to the 50% zone or the first initial market GAP.
Expecting for price to shoot down anticipating the third touch on the upward bottom trend line. To the continue the bearish movement
Price created a inverted head and shoulder pattern. Price is currently floating on the neck line of the H&S formation turning into the Re-test. Now im expecting the price to elevate back up to the up side give the market back 50% of the fib as TP1. Then continuing back up to the top trend line to confirm the third touch
Clearer analysis of the Tea cup strategy. Expect an elevation to the previous double top formation
Price created a inverted head and shoulder pattern anticipating the upward movement. But after every reversal pattern a re-test is expected to confirm the pattern. In this case the price made a re-test as expect and it also created a double bottom. This indicated double confirmation that the price will continue to escalate to the 50 % zone of the Fib levels.
Price created a strong bullish uptrend of 25 pips, price reduced back down creating a round Tea Cup anticipating another strong bullish trend right after price comes down to the 50 % zone acting as a retest towards the TEA CUP,which is my BUY ZONE.