CourtneyCharles

CourtneyCharles Updated 

HTFs - showing clear bullish impulse, has taken a few weeks to form this larger consolidation which is now a separate descending channel that could be acting as a continuation for more long term upside | LTFs - descending patterns within descending patterns, price squeezed at the low and bullishly impulsed seen on both 4H and 1H for more confluence, signal...

CourtneyCharles Updated 

HTFs - HTF descending channel can be seen on daily chart and clearly rejected at 3 touch with bearish impulse and break of upward trendline | LTFs - first flag with clear structure acting as a continuation for more downside. 3 touch completion structure | ENTRY - not over complicating this one. High broken within structure, ascending nature at the top and...

CourtneyCharles Updated 

HTFs - the weekly structure shows a clear sideways channel with major highs broken and signs of a bearish reversal to downside. Now forming a continuation structure with a slight descending angle. Price action pretty clean with identifiable patterns | LTFs - the angle is descending suggesting upside, but that's only part of the story. The structure is clear and...

CourtneyCharles

I see too many "coincidences" happening right now". The narrative.... COVID-19 is the catalyst which has thrown the world into chaos. Everyone is in lockdown, unemployment numbers have soared and huge drops in the market happened across the board during February and March. Bitcoin dropped too, shaking a lot of weak hands out but surprise surprise it's back,...

CourtneyCharles Updated 

HTFs - zooming out to the weekly and daily charts to see a clear bullish impulse and price has been correcting ever since for a number of weeks, potentially acting as a bull flag for more upside | LTFs - essentially treating this as it's own pattern. Descending channels within descending channels and recent lows broken all points to a higher probability of a...

CourtneyCharles Updated 

HTF - Huge ascending channel visible on weekly and daily charts with long term highs broken followed by reversal to downside with some momentum | LTF - Separating patterns to see the market is in a state of impulse and continuation. Current correction has clear middle section and move up to complete the pattern is a 123 wave. Recent highs just broken with...

CourtneyCharles Updated 

HTF - still looking at the heavy bearish move from previous weeks, since then price has been in one large correction signalling more downside likely | LTF - separating the patterns to see a completed 3 touch ascending wedge followed by a larger bear flag. Clean middle section to flag and ascending channel is forming, hinting at pattern completion | ENTRY - ...

CourtneyCharles Updated 

HTFs - originally was looking at an HTF bullish reversal but price is very corrective and looks to be forming a clear ascending channel signalling a downside move | LTFs - clear ascending wedge approaching 3 touch pattern completion. Nice middle section, price now forming an ascending channel within an ascending channel that has correctively broken the high...

CourtneyCharles

HTF - significant drops have broken all time lows. False breakout to upside now price correctively moving back down to double bottom area | LTF - price decelerating towards lows and outer structure, currently within a descending channel signalling upside breakout potential | No need to rush this one with so much potential for upside. Will be waiting for price...

CourtneyCharles

HTF - Can see that the most recent momentum has been bearish and past week or see has just been a steep correction to likely head lower | LTF - Ascending wedge/channel behaving as the correction lower but wasn't willing to cal the top of this move. Now market is giving a clue it's ready to continue down following break of recent high and bearish impulse...

CourtneyCharles

HTF - in an expanding formation at significant highs. Also have a 123 ascending wedge with middle section squeezing price at highs | LTF - broke highs impulsively to complete structures. Tight expanding pattern extension doubling up as a possible ending signal I'll be waiting for the market to show it's hand here as price could easily break out to upside with...

CourtneyCharles

HTF - everyone knows about the big drops a few weeks ago. 4H chart on the left shows the bearish momentum. Looks like a correction has formed for possible move lower | LTF - ascending wedge shows impulse correction impulse (123) with final section breaking the recent high within it's own ascending channel to complete the structure I'll be ideally looking for...

CourtneyCharles

OANDA:USDCAD in an incredible area of value HTFs - That long term ascending channel with a clear middle section showing signs of pattern completion with a rejection at long term highs LTFs - Looks like messy price action but I see a signs of a bear flag continuation which could trigger the start of downside momentum Have a great week all!

CourtneyCharles

Higher Time Frame - long term lows were broken followed by strong bullish momentum on weekly and daily chart Lower Time Fram e - bull flag formed with clear structure indicating continuation of the move up This could easily move up off the double bottom area where there is a morning star formation but cool waiting for the low to break first and going long if...

CourtneyCharles

Higher time frames - still showing downside after reversing with clear bearish momentum from a high value area, bear flag forming Lower time frame s - now the second bottom of the larger flag is defined, there is a clearer structure. A 123 wave looks to be forming at the end of this expanding flag; this is one of my favourite setups as it signals the probability...