Hello, this is a 1H possible shorting trade. Don't forget trading the actual trendline can already be too late. Watch for a shorting position before the break of the trendline. Aim for the 1.618 expansion of the corrective structure.
Hello guys, watch for the breakout of this trendline. We have also a formation of a h&s pattern which indicates a possible corrective move to the downside.
Watch for breakout of this possible H&S pattern which will indicate a corrective move to the downside.
A shooting star pattern has formed on the 4H candle. Look to go bearish for a quick 50-55 pips.
As you can see there is a Shooting star formation look to go bearish
The XAAUSD continues to rally down, as for that it has broken previous support. Wait for possible small retracement or retast, if fails to break, you go can short.
NOTE! The GBP/JPY is a clear bearish trend. However there are 3 (+1) mains reasons why the market may rally up a little bit. 1. Formation of the 3 White soldiers pattern. 2. The extension and retracement levels join the red trendline. 3. The .382 Retracement of the A-B leg falls on the same level is the extension of the a-b leg. 4. abcd pattern is possible.
Sunday analysis. NOTE! The GBP/JPY is clear bearish] trend. But there is a possiblity for a retracement to the .382 level because the following reasons. 1. Three white soldiers pattern is formed and closed on the weekly chart. 2. The .382 retracement level of the A-B leg is at the extension of the blue A-B leg. 3. Red trendline falls exactly on the same level...
Sunday analysis; 2 ways to trade. 1. As you can see there is a possiblity if the market continues to go down that there is a head & shoulders. 2. If the market breaks the upper trend line, you can buy up to the blue rectangle. (If there is a break out even go higher) NOTE! Head & shoulders is not yet formed.
Sunday analysis; The USDJPY is a clear bearish trend on the weekly, daily chart. on the 4H chart however there is a possiblity to make a quick trade against the trend by buying at the breakout of the triangle. BUY: Breakout traingle aim at previous high channel level. SELL: Breakout traingle aim at previous low channel level.
Sunday analysis; USDCHF, as you can see there are many patterns and trendlines that cover the 1.0000 lvl. Only go short on breakout failure. So we need a close below.
EURUSD - Wait for the pullback around 1.1139 levels.
If the market breaks structure at 52.54 and we see a retracement up to 51.77 (.618) buy to 53.60.