


vitortmarra
WASSUP GUYS, JUST WANNA SHARE WITH YALL THIS OPPORTUNITY ON EURUSD IF IT TRIGGER... PRICE IS TESTING TREND CHANNEL LINE AND WE CAN GET A LONG OPPORTUNITY SINCE WE GOT A WEDGE PATTERN ON SMALLER TIME FRAMES TOO... I BEEN STUDYING AL BROOKS AND A MAJOR TREND REVERSAL IS HAPPENING ON THE 5 MINUTES CHART SO THIS IS REALLY INTERESTING.
We got a double top pattern, I will wait the break of the neckline for a confirmation then take my short position.
We got a fake BO. Might be a nice short position opportunity.
Wassap traders! Seems like the breakout is going on! If you check 4h or daily time frame you will notice clearly a bull flag pattern which means a continuation of the downtrend. And we got this patern confirmation. Can be a nice short short opportunity!!
As we can notice there is a strong downtrend resistance being broken. It can be a good opportunity for a long position after a pullback or may be a bull flag.
If we analyze the market in the weekly and daily timeframe we can notice that we got a strong downtrend resistance. The price already hit this resistance then Im waiting a reversal. In the 4H timeframe we can notice that a Distribution area has been formed. So if a support breakout happens at this distribution area I'll take my short position.
As we can notice, we got a fake breakout followed by a reverse uptrend. When the market break the Swing High of the second pullback wich gonna be the break of the 200 Moving Average as well, it gonna be strong sign that the price probably can hit the resistance.
Expecting next weak a breakout of this flag pattern.
Ill be waiting next week for this triangle breakout then we probably gonna get a nice short position.
As we can notice we got a fake breakout and now the price is testing once again the support. Ill be waiting for a candle pattern confirmation to take my trade. (doji, hammer, evening star, piercing or bullish engulfing).
A breakout can happen next week. I'll be waiting for it and take a trade after the retracement at the new resistance.