GBPUSD created the first impulse on the left hand side looking for the second impulse to the up side ( bullish continuation pattern: risk : 0.16% reward : close to 1% on this position intra day
BTCUSD reach a resistance at this price level , also formed a false break looking for a continuation to the downside risk : 1.87% reward : 11.99% with the stops just above the resistance area
looking for buy on EURUSD , as the market has created a potential double bottom formation and currently retesting he neckline and confirmation of entry RISK MANAGEMENT : RISK : 0.51 % reward : 3.05% monitor the pair around 15:30 as CPI FUNDAMENTS will be released
market formed a potential head and shoulder pattern formation , looking for the first pull back or correction , before considering potential sells
overall still bullish on this index , looking at the potential continuation to the up side , consider the " forth touch " confirmation or rejection at the support of the trend channel before looking for buys
seeing a potential inverse head and shoulder pattern formation on this pair low risk to high reward trade setup
market formed a potential double bottom formation and currently retesting the neckline as the London session opens looking for buys to potential target of 13500
looking at this pair from this timeframe we noticed the bearish impulse market formed a correction , looking for a potential continuation to the downside
IMPULSE + CORRECTION = IMPULSE , we noticed the first impulse , the market created another impulse , looking for a retest as confirmation of entry .
previously or over the past years this pair has been in a bearish moves as seen on the left hand side , as it created the impulse -10.89 % that was followed by a correction , going to year end of 2022 we show the bulls come back into the market with a VTYPE STRUCTURE that formed looking for entries at the right shoulder of this pattern formation with the risk of...
note the reversal pattern( double bottom ) formation , market is currently retesting the neckline looking for this index to be bullish going into the new month
this is a technical overview/ forecast. looking for bullish moves if the market breaks above 12093 price area
this is our overall overview / forecast for us100 technically. we noticed the reversal pattern " double bottom " that formed at the key support area , also note that if the market breaks above 12093 price this will a key area to notice as we progress in the year
market formed a simple impulse and correction looking for the market to sell off to continue bearish
AUDUSD , note the reversal pattern that has been formed as the market is currently retesting the support of the trend channel this is a low risk and high reward trade setup
bullish bias on this pair as the market could be forming a potential double bottom , also note that we have had a previous strong bullish week
note that we looked to buy this pair when the market was correcting! and we also noted that the key area where the market correcting was not a value area , therefore the market broke through and created another impulse and tested the key support area learn from losses!
MARKET has reversed from the downward trend as it formed a DOUBLE BOTTOM ,created a BULLISH IMPULSE we looking FOR BUY POSITIONS as the market CREATES HIGHER HIGHS