Multiple major signal's has been hit on all time frames! 15 minute chart we have inverted head and shoulders, hourly chart has again, another inverted head and shoulders pattern. Daily chart has a double bottom formation and price has formed significant candlesticks, spinning tops and hammers on the daily chart telling us price will head in the upper direction!...
We might have a turnaround situation here, or at least some sort of a downward movement! Price action has confirmed this !!!
Lots of indication of higher prices, if the trend line gets broken, good opportunity to enter
Lots oif indication that price action took a breather, and now will continue in the upper direction!
2 important patterns back to back, one confirms the other. It seems that this pair is turning around, for a short while at least
This currency pair is about to break an important trend line, we have other confirmations of higher prices. We got railway tracks on the 15 minute and the 30 minute chart supporting higher movement! Inverted head and shoulders is an addition to supporting higher prices! We have another important trend line from the hourly chart and the 30 minute chart that has...
Here is an idea of whats going on for a short period
A head and shoulders is visible for a down movement. Both trend lines are important, it looks like a triangle, rules of triangle say, which ever band gets broken, trade in that direction!
Sell Sell Sell, wait for the break than jump in
The head and shoulders pattern has not completed yet
Looks like small head and shoulders pattern, but, its on the 5 min, so not to trusting. if trend line breaks, might have another trade on, good for 10 to 15 pips!
If the break of the trend line occurs, then a trading opportunity presents its self! The break of the trend line is deemed important, because the trend line is connected to 3 or more points of candlesticks!
Great opportunity to sell this pair, trend line break as well as strong down trending pound! This is good for 10 to 15 pips !
Trend line break has happened and price bounced down of a pivot point level which price action has found resistance there. $1.3817 is the next major pivot point level, im expecting price to head there, but, I will close out $1.3857! So many trading opportunities are in affect! Get it while its hot! We have such a pretty head and shoulders pattern, which told us...
If the break occurs, more higher prices are coming! $121.78 is next pivot point and my profit target! We can see a triangle forming, so if price peeks its way through the trend line, that's confirmation of higher prices, on the flipside, if it breaks the lower trend line, then must find more supporting factors for lower prices! Price action has rebounded of...
This pair is in a big uptrend, trade with the trend, dont go against the trend! If that trendline gets broken, more higher prices are comming. Price just broke a pivot point up! Confirmation of higher prices