After it break the triangle trendline, it showed it respect the bearish momentum and thus bearish trade based on the break of the bearish flag pattern.
Waiting for a break of the low to validate the bearish flag pattern and activate the trade.
Currently developing bearish flag pattern. Waiting for a break of the low to validate the move.
With developed 3 drive pattern and a rising wedge, GJ is a waiting game on a break of the low to confirm on the pattern bearish development. It is near resistance level and still have some room to move up. Sell stop in place to trigger the trade if build up.
Good risk and reward , still waiting at the edge zone for better entry.
Still maintaining bullish structure, looking for an entry at the 3rd touch trendline. If break to the downside, will see if it break the lower low for any sell opportunity.
Developing bearish flag pattern , currently holding HNS pattern. waiting for the 3rd touch of the trendline. Mix signal as it is also developing bullish falling wedge pattern. Waiting at the 3rd touch trendline area for price action.
Eurgbp showed strong pinbar bullish rejection at the key level / fib 61.8 . First entry upon break of the descending trendline and another position upon break and retest of the double bottom neckline.
After a strong bearish weekly candle, it is now forming HNS pattern. Currently in trade after it break the HNS neckline with target to 2.0000 price level.
still holding bullish structure, looking for another bullish leg to the confluence area.
Still uncertain and waiting at the edge, will wait at the decision zone to make the entry.
Currently in profit based on previous analysis, it had break the continuation triangle pattern. Expected to make another bearish leg towards the expected level.
After it break the descending trendline, it is now developing a broadening pattern. Overall it still in bearish momentum. Waiting for the 3rd touch of the mid term trendline, it is now forming a bullish short term broadening pattern. Anticipating wave E at the trendline and move towards the mid term trendline.
Currently developing rising wedge pattern but it is is a strong double bottom pattern in daily level. It was unable to break the low, waiting for the price action to break the rising wedge to confirm any bearish movement. Anticipating another short bullish movement to complete the Wave E movement confluence at fibo 61.8 for a strong bearish movement.
After an early break of the bullish flag pattern, it is now retracing to retrace the trendline. Looking for a bullish rejection at the retest for a buy entry.
After it rejected fib 61.8, it is now developing a continuation bullish flag pattern. Looking to enter buy on retracement of the price.
Currently waiting at the trendline channel. Bias for bullish for short term move. Update from previous analysis, but it seems it move in a strong momentum and currently in a retrace.
After a break and retest of the trendline,gold is moving in a good bullish momentum. Waiting for a break of the strong resistance level. A break of that level will give gold the clearance to go higher.