This EURNZD chart highlights a consistent price movement pattern that repeats over time, providing a reliable structure. It's a clear pattern repeating consistenly and succesfully the last 3 times.A break of the trend line followed by a pullback showing rejection.Right now the pattern is incomplete.If the followup will show us another pullback with rejection ...
USD/CHF has been in an accumulation phase for over a month, making new highs and showing strong rejection at the lowest low from December. From a technical standpoint, it looks like a good time to buy. You could place a stop order to catch the move without missing out or wait for a possible retracement to get a better entry.
This setup highlights a recurring pattern that has consistently delivered strong results in the past. With the current market movement, it's advisable to wait for a healthy retracement, presenting an opportunity for a potential long entry. Many buyers likely anticipated a longer consolidation and missed their chance to enter earlier, increasing the likelihood of a...
good r/r,in a trading range for a while has the pottential to run quite fast
break of the trendline followed by accumulation phase forming a triangle , would make a nice breakout trade especially if retraces for 1/2.5 or 1/3 risk/reward,looks great on the 1h chart as well
AUD/CHF is showing strong potential for an intraday breakout, with the gap from the 18th of September breakout possibly getting filled. The 4H chart highlights this clearly, offering a promising setup. Now could be an ideal time to place an order, as the move has the backing of higher time frame traders, increasing the chances of avoiding a quick stop-out. With...
Hi anyone,new to trading but willing to take hard critics :) .That's my humble oppinion only but this seems interesting and promissing to me. OPBUSD on the 4h chart, seems to form a nice head and shoulders patterns.Price action seems promissing,nice break of the necklinegood sized consistent bearish candles,fullbody,small tails.Price below the 20 EMA for last 10...