Hey Guys, We have a Double top on H4 QM and trendline breaking on H1 and Also an evening star on M15 so we can enter to the market by sell position here but with 2:2 RR, Also we can wait for price to move up for a better entery and lower risk with 3:3 or 4:4 RR Good Luck <3
Hi again Guys. I'm here with an interesting idea about GBP/JPY. The chart shows everything very clearly. In daily timeframe we are in an uptrend, but in H4 we have the triangel and this can indicate a weakening or temporary reversal of trend. Only if the price breakdown the 153.500 it going to be a downtrend in H4, Also the price can continue its bullish trend ...
We have an interesting situation here on AUD/USD. Actually we have to wait and see which side of the triangle will be broken. Our idea Timeframe is H4,it means we should see the breakout on H4 for an low risk entery on pullback. We should check the H1 to find the candle stick pattern on breakout and 15m to find price pattern. Thanks for your attention!
it gonna be a long term if it break the resistance structure at 1.57900 but actually this is a buy idea from a pullback wave to end of the breakout wave. Thanks for your attention!