Structure in this pair is displaying nice potential shorts. We have the traditional head and shoulders which tells us the market has turned and ready to head south. Furthermore, we have a triangle pattern that might be forming indicating and confirming what H&S presented.
GBPCAD trade idea for the week and potentially for the entire month. We have a large descending channel from the weekly time which price is currently been rejected at the upper channel boundary. Moving down lower to the daily time frame we noticed there's a rising wedge pattern which is a reversal pattern. All of this price action helped us build our story for...
Beautiful forthcoming short opportunity on Nasdag with price presenting a nice rinsing-wedge pattern signifying a high probability chance of this asset declining significantly in the month to come. Look through this charts and please do not hesitate to comment and share your views.
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Fallen wedge reversal pattern break with a strong impulse leg to the upside. Now, bitcoin is in a corrective structure that also forms the continuation pattern commonly known as the flag. We will be buying the third rejection of the lower flag boundaries.
Potential short opportunity may be developing on the EU with price forming possible gartly reversal pattern. Upon completion at the D leg shorts are valid. Anything above the X point invalidates the whole setup and confirms the EUR Strength.