Retest happened a little higher, now dropping again.
After the push-down, the price came to retest in my fib 50-61.8 zone. Now selling.
Sell on the retest around 149. Price rejected on the bearish engulfing candle on 4h. Wait for the retest to sell.
- Descending channel that was broken and retested, given us the signal of a trend chage. - Bullish flag pattern formed as well giving us the signal for an up trend continuation.
Bearish Flag pattern formed on 1H and came back to retest the zone that was previously broken.
As you can see, there was a break of the structure then waited for a retest with a nice bullish flag formed on the retest. Let's go LONG.
Same analysis as the previews ones, but now looking to SELL!!! The structure has been broken, we have a 4H bearish flag and a retest.
Break of the structure, bullish flag formed, retest Look to BUY!!!
Gold skied rocket and is now looking to retrace back down. Look for a short term SELL
Every time price breaks a structure it has to retest and you can use the MACD to know when to get in or wait for a flag to for before jumping in. Look to BUY
Almost the same set up as EURJPY previously posted. Bullish flag formed on Daily and retest of previous resistance, now support.
I forgot to post this yesterday!! nice flag formed on 4hr and 1 hr. we also have a retest of the previews resistance zone on 4hr. just waiting for it to break the next resistance zone now and become support.
Bullish flag formed on 4hr, and there is a retest of previous resistance
Price formed a flag pattern on 1HR and tested the 50EMA. MACD is above histogram.
Price broke out of descending wedge, formed a flag and it's continuing up.
Price broke out of descending wedge, formed a flag and it's continuing up.
Price broke up the descending wedge then gave a flag to continue up.