stockmarketdaytrader

stockmarketdaytrader Updated 

We have an inverted head and shoulders, very strong buy signal, price action has broken through the neckline which means prices are headed up! We have an important candlestick on the daily chart, it is a spinning top, a reversal indication! On the 4 hour chart we have railway tracks forming just before prices went up, confirming the railway tracks to be valid! On...

stockmarketdaytrader Updated 

The Euro currency is in a continuation pattern, if price actin breaks the support line, prices are headed south! There are other indications on the daily chart as well as the hourly 123 top formation! That line intersects with other srong points so if price goes through it prices will drop!

stockmarketdaytrader

We have a trend line break that just confirmed lower prices, there are huge head and shoulders forming on the daily chart, so any indication of lower prices right now, means that the right shoulder on the daily chart is just ripe to head down. Another important indication is on the hourly chart which shows price action forming a double top right at the resistance...

stockmarketdaytrader Updated 

We have a meaningful signal occurring, we have a head and shoulders pattern, price action has broken through a support trend line and is reaching for the neckline next! Hourly chart shows candlestick formation, as well as price bouncing of a resistance pivot level, which says prices will drop! The most important signal is on the daily chart, price action has just...

stockmarketdaytrader

The pound is about to drop, we have a head and shoulders pattern in place, its just a continuation drop, its much expected! If the neckline gets penetrated then there is still room for more pips to drop, not a lot, but just a few! Price found resistance at S1 level and bounce right of it, telling us it will continue the downward movement !!! Hourly chart formed...

stockmarketdaytrader

This was a great trade setup that had all the signals going off! The first and the most strongest signal was the head and shoulders pattern, which was confirmed a valid setup when price action broke the neckline! we had another smaller trend line break which told us of an impending fall, which alerted us to start looking at this pair harder! SO this was a...

stockmarketdaytrader

Looks like a continuation pattern is at work, as soon as price makes a new low, price will drop

stockmarketdaytrader Updated 

I have set up a 4 point break, if price action breaks all 4 points then prices will drop! We have other indications from other time frames telling us prices will drop! 123 has been formed! I can see macd negative divergence occurring, that's supporting a drop in prices! Price action found resistance at a pivot point level, only one way to go, and that's down, not up!

stockmarketdaytrader

The previous candlestick has a long wick, price action should cover it, and even propel further down! This is a quick and fast trade!

stockmarketdaytrader Updated 

We should expect a break above the trend line, Price action has supporting elements for a move up! Railway tracks at apivot point area supporting higher prices!!!

stockmarketdaytrader

Looks like the pound might be getting some strength here. I see an Inverted head and shoulders pattern, where if price action breaks the neckline expect higher prices! There are other indications telling us price is headed higher! Candlestick patterns are showing, we have a spinning top forming on the 15 minute and the 30 minute charts! The hourly chart has an...

stockmarketdaytrader

Price is speeding up

stockmarketdaytrader

We have a pattern here, besides the important break thats about to occur, we have a 2 step pattern where ypu can see where i predict price will go, it is exactly the same distance as the first one!

stockmarketdaytrader

Looks like price action is making some moves here, if the break occurs, which actually it already has, price is just going to continue heading up, Might be a big mover here, just go with price action!

stockmarketdaytrader

We should be looking for a break above the neckline, inverted head in shoulders in place with macd and histogram confirmation.

stockmarketdaytrader

Multiple signals are being hit, double head and shoulders formation on the hourly and the 15 minute. Price action has hit a resistance area which has multiple significant meanings. If price action breaks the main neckline price will surely drop!

stockmarketdaytrader

As soon as price action sticks itself out of the upper trend line and the resistance line, that's a signal to buy! I want you to notice how price action reacted to the upper trend line! Notice how perfectly price action touched it a couple of times, found resistance at the trend line, and bounced down right after, signaling to us that, price has found valid...

stockmarketdaytrader

We might be seeing this pair heading up. We have 2 important levels of resistance thats about to be broken, those levels are very strong, if price penetrates those 2 levels, price action will head in the upper direction. We have multiple inverted head and shoulders patterns on different time frames. On the daily chart, there is a candlestick formation party and we...