is it pullback? give your opinion in comments if you have
Hey guys, check this out, I hope it's wrong, if you have opinion write it down!!!
Opportunity to have nice head and shoulder pattern with high probability trading which can make us happy!
after an impulse i expect to have at least an abc or complex correction and i am looking to buy opportunity
in the 15M time frame the pattern is look like an ABC correction and we have divergence between A and C and i think we can make short position and then we can enter to buy position in the excepted C which i think it is stronger that short
as you can see we have ideal Bat Pattern on the chart and we can enter to the long position with ideal risk to reward
after trying two times breaking 1223.16 and makeing double top pattern we have a short signal
As you can see Pepsi is on the trend line and we have also non confirmed divergence which may cause increasing the price for at least a couple of days.
as you can see we are near support area and we have long time divergence which may cause increase the volume in the market and increase the price I think we could enter to low risk long position. it's better to break at least a last swing in lower time frame.
According to my last idea it seems we can have opportunity to enter to the short position but acceleration of increasing price is much faster , I'll be waiting to see if divergence in rsi and macd change the behavior of the price.
I think after a harmonic pattern in and time and price we could have short position on gold. out target and time price can be seen on the chart
we can have short possition with breaking a lower low in 4H time frame
I think we can go to the short position in lower time frame
the price got 100% of AB from C and made AB+CD Pattern it's also at the 78% of XA and it seem we've got Gartley Pattern. we can have low risk short position.