looking for gj to give us some push back to support and to finish this head and shoulders pattern.
On the chart above you can see two falling wedges in the bullish market which resulted in two strong breakouts above EMA 50. This points to strong bullish pressure on the 15M chart. Also we see that RSI approaches lower bound (30 points) around which it is expected to rebound as it happened in three previous cases (shown by blue shaded areas). Note that RSI...
Flat top looks to be rejected, and if possible three tops pattern. Taking medium risk and reward with a small to medium lot.
Hi everyone at the moment if the price holds here , a correction will be made to either one of the two levels indicated where I will position myself to short back down to the pink /purple trendline making the weekly triangle Kris any questions comments let me know
my third short in 10day my 2 first was won with total of + 170 pips AS a fail of 1.3610 many time and rejection As Merkel faces coalition talks ( it impact brexit also) AS dollars start Strenght since FOMC and Yelann Hawkish talk and view Also in Daily all MA are very far from the price so a more deep correction is legit and some other reason i not have in mind...
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In this Chart we are seeing a very weak Trend *weak = down movement* it all started from there 3 little up bars look at their volumes, very low, and every up bar with low volume it means lack of demand. no look at No Demand 2 it tried to test the Demand, the result was no demand! it's very good signal of the down trend. so we have 3 targets, and each target the...
I sold this on 1.6666 SL 1.6699 mystic numbers :-) comment welcome!!
Note and Remember this idea is technical not fundamentally , According to Techincal , It`s down move 3000 pips and make flag pattern and then it`s down 3000 pips also reached and now flag pattern complete , Now time gbp going up ,,,,,
Im in now half from 1.6665 and next half waited pinbar pullback ~1.6630 if it move here SL 1.6580 or 1.6565 I dont know now I will see the PA