1. move correctly to the top of the structure forming a 3rd touch then execute a short entry. 2. break out the top structure, wait for a bullish flag then execute a long entry. 3. impulse down now, hence wait for a bear flag then execute short entry.
corrective move to the bottom, making a potential 3rd bottom then execute a long entry
1. waiting for a bullish flag formation and execute a long entry; or 2.reverse, wait for bearish flag confirmation then execute a short entry as the correction has not been completed yet.
1. confirmation on the corrective nature to the top of the continuation pattern then execute a short entry; or 2. break out of the bottom structure, look for a bearish flag then execute a short entry; or 3. touch to the top of the outer structure. but this one im looking for a corrective nature then execute a short entry.
waiting for the continuation bearish flag formation to take a short entry.
waiting for the corrective move for the 3rd top touch and move to the downside. And through the week price action movement, have forecasted the probability of other scenarios as well.
waiting confirmation on breaking out of the structure, wait for a bearish flag then take a short reduced risk entry.
form a bearish flag then take a short entry or move up correctly, form a double top then take a rish shohrt entry.
form a double bottom on the bottom structue and take a long entry, or break out the structure, form a bearish flag then take a short entry.
bullish flag formation to the upside, or move down to the structure correctly then take along entry on the reversal of the structure
wait for a bullish flag formation to take to the upside. or come down correctly to the bottom structure and double bottom, and reversal to the top side.
a bearish flag formation to the downside short term. depending on the DXY, will it be in confluence to it or not will have to wait for more confirmation
looking to break the 4H TF to the downside, hence wait for bearish flag confirmation and execute a short entry. or reversal on the bottom structure to go to the top side, as still in ascending correction for one more time to move to the downside. (based on an up impulse,continuation followed by another impulse)
formation of the bearish flag formation to the downside. break structure on the 4H TF.
took this trade, after a bearish flag (not typical flag to be exact), and together looking like a head and shoulder formation to the downside. additionally if you look at the Dollar Index (DXY), it is in congrument to each other for movement to the downside. so lets see how this trades goes when moving to the london and new york session
hi Traders, Trade was entered after a small drop from the double top. As coming to the end of last week, the price is just hovering trying to form a bearish flag formation. which will move to the downside touching the bottom of the smaller structure which will potentially form a bigger bullish flag formation (See yellow drawing). i foresee for next week, it will...