a retest back to broken resistance which should become support then a possible bullish rejection to confirm our head and shoulder pattern and we wait for a break of the resistance level and take our long position. Nevertheless if price breaks our support below then we should be looking for a sell opportunity
i expect a bullish move to the horizontal resistance and if it breaks then we take it up to the diagonal resistance however this is in a downtrend so we will still have our eyes on having a selling opportunity especially if it breaks the support below and retest
i expect price to rally up a little as the market opens to the diagonal resistance which has been respected over time, i expect sellers to push price down from that level although our sell order will be validated when we see price being rejected at that level. However if price happens to break the resistance then we will wait for a retest before going long on the...
As market opens, expect a little move to the upside towards the diagonal resistance which has been respected for a number for times, i expect sellers to come in at that point to push price further below. Our sell order will be placed after price action has been seen showing price rejection at that resistance level. If price breaks the resistance level we will be...
we see gbpusd currently forming an head and shoulder pattern on D1 and H4 timeframe. I ex expect a little bullish move when market open and then sellers to come in and push downward to form the second shoulder of the pattern nevertheless if there happens to be strong bullish move that breaks the resistance, then i will be waiting for a retest before possibly going...
we see gbpusd currently forming an head and shoulder pattern on D1 and H4 timeframe. I ex expect a little bullish move when market open and then sellers to come in and push downward to form the second shoulder of the pattern nevertheless if there happens to be strong bullish move that breaks the resistance, then i will be waiting for a retest before possibly going...
we see gbpusd currently forming an head and shoulder pattern on D1 and H4 timeframe. I ex expect a little bullish move when market open and then sellers to come in and push downward to form the second shoulder of the pattern nevertheless if there happens to be strong bullish move that breaks the resistance, then i will be waiting for a retest before possibly going...
Your contributions are highly appreciated
Made the analyss last week though and so far it s playng out to the downside will love to know your view, thanks
This is what i am looking forward to play out on the eurusd as market opens....if there be an opposite move then we will do an analysis to show price action moving downward