Medianline
EURUSD WeeklyHello there,
On the chart we have three pitchfork's, the pink one is a standard fork and has its upper parallel being tested, the blue fork is a modified Schiff which found resistance on its upper sliding parallel. Then there is the dashed gray pitchfork of which the medianline is being tested, all at a single point of confluence where a bat pattern formed its PRZ on the daily chart. Use your own analysis to confirm whether this could be a good trading setup for you or not.
Goodluck !
Eurjpy longHello folks,
Most people are seemingly bearish on this pair and I don't blame them, even my own analysis did show some mixed feelings
but the bias for bull is stronger. Its a medium probability trade with very good risk-rewards potential so I took the trade.
Target is price structure + blue medianline.
Cheers & goodluck