(BLUE ARROW)- price has failed to push through this zone and has now formed and head and shoulders pattern (RED ARROW)- price looks set for next level for testing (GREEN ARROW)- just waiting to see what reaction we get from this retest in play at the moment looking for candlestick patterns
Hay In a down trend with a double top on first yellow key area . second yellow key area is identifying the support structure level of the first top of the double top pattern. price has now broken the second support level and has presented to us with a retest followed by a rejection. remember to work with your own trading principals within this pattern...
POSSIBLE WEDGE PATTERN Price has been continually pushing to the upside . seeing a potential wedge pattern forming. will wait to see the direction of the breakout from this wedge . I am looking for it to break bullish with a retest upon the outer part of the wedge to signal my entry. however, if it breaks bearish, I will wait to see how price responds to...
hi just looking at a possible bearish move out of this upward trend will be looking for a retest for my entery point to jump on to a continuation to the down side if not ... then a continuation within the upward trend will be looking at a bullish trade
POSSIBLE SHORT price was rejected back in June . At the beginning of this month we saw price begin an upwards push . price has recently then failed yet again to break through the red level of resistance and is descending down . i will wait to see if price will breakout of this upwards push around the green arrow followed by a retest with a rejection in sink...
GBP/ JPY POSSIBLE SHORT ! Back in June we saw a beautiful head and shoulders pattern. which, since then the price has failed to break above. During the beginning of this month July , we have seen price push back up to our RED resistance level only to fail yet once again to break through. At present, we have seen price break out of...