Idea based on Classical chart patterns (Weekly Chart). Abbreviations: M/W/D/H = Month/Week/Day/Hour TL: Trendline HS: Head & Shoulders Top/Bottom DT: Double Top DB: Double Bottom ATr: Ascending Triangle DTr: Descending Triangle STr: Symmetrical Triangle FW: Falling Wedge RW: Rising Wedge BW: Broadening Wedge Rct: Rectangle Trade Rationals: 9W DT / 4W DB Gold...
Idea based on Classical chart patterns on a short time frame(4H chart). abbreviations: M/W/D/H = Month/Week/Day/Hour TL: Trendline DT: Double Top DTr: Descending Triangle The chart goes from Monthly(top left)/Weekly(top right)/Daily(bottom left)/4 Hours(bottom right) 1st from the monthly chart you can see the pair in a steady down trend, and maybe one could...
Idea based on Classical chart patterns (Daily Chart). Abbreviations: M/W/D/H = Month/Week/Day/Hour TL: Trendline DT: Double Top DTr: Descending Triangle FW: Falling Wedge Rct: Rectangle We are still close to the all time highs, and we have also seen a breakout from a 4W FW on the weekly chart indicating some buying interest left near the relative lows. When...