Description - Another text book presentation of H&S pattern , on a daily level we can see the H&S patterns has occurred from a strong demand zone ( see left of chart ) . - From there after break and retest up the neckline there were beautiful opportunity for long , which has already moved 270 + pips to the projected long . - However chances to take this...
Description : On a daily TF we can clearly see on the picture 1 , there has been H & S pattern formation , price has then came back to neckline and shooed off to the upside. i have personally missed the setup earlier , however chance is there for us to enter another time from a 2.15500 PSY level with a stop loss of around 35 pips to spare. Entries...
DESCRIPTION EUR JPY has rejected from a strong demand zone to the left and formed a text book formation of a head and shoulder pattern . price ATM has the potential of retesting the neckline of the H&S pattern , and if so probability is there for a potential long with different entry methods. Will personally look to enter if the price comes down to...
will share my thought on this pair after monday major USD news , as everything is uncertain with EUR pairs at this time.
FUNDAMENTAL BIAS - FOMC Press Conference,Core Retail Sales , crude oil inventories all major news circulating USD pair was negative from last week projecting a sell bias on USD pair , however much more will also project the bias this week for this pair which depend on the news 21st march 1400 hrs UK time when FED chairman Powell speaks. however i am only...
its going up if it breaks the resist level or look for short intraday sell setups if not , to bored to describe other things