


reversals_trend_trading_mhofu
Price sitting @ 78.6% Fibonacci retracements (Best buying price) uptrend buying on dips
Expecting price to retest the green zone before selling
RISING WEDGE can breakout either up or down ,but high chancing are bearish hence wait for sell break out for confirmation
1H Possible H&S , price should hit 50 ema head up to 1.61634 level and head to to TP1 @ MARKED zone before TP2 @ 1.60025 #155 PIPS
SELLERS in control of the market price is gonna be pushed to the strong support zone before price head north
tendency upward trend on h4, buy on dip
we have 2nd confirmation on daily time frame with a bearish engulfing candle and price broke uptrend to the downside now we facing a retest to the trend-line and we enter short
4H we have a inverted h & S reversal pattern , being supported with our daily time frame as we see a lot of buying pressure that could lead to formation of right shoulder of our daily H&S....HENCE buyers r in control.
WAITING FOR BUY SIGNAL ON A TOUCH OF DOWNWARD TREND SIGNIFICANT PIN BAR OR BULLISH ENGULFING CANDLE TO SEND UP
SIDEWAYS PRICE REACHING MAJOR RESISTANCE ZONE WAITING FOR SELL SIGNAL
BUY @ 1305 after break of the support 1307.984
SIDEWAY PATTERN ON 15M CHART , FAKE BREAK TO THE UPSIDE
INVERTERD H & S , pin-bar @ a sensitive zone buy now or wait for a engulfing bullish candle as a second confirmation to BUY
how to trade - 1 scenario if price fail to break resistance @1.31186 & downward trend-lines with a pin-bar or engulfing bearish candle (PRICE ACTION) we SHORT , HOWEVER if price break resistance and downward trend to the upside winners will enter after extortion and we send north to the next resistance