Bearish wedge pattern bearish divergence Engulfing red candle
GBPAUD has come into some bullish price confluences we have a reverse head and shoulders forming inside this wedge pattern that indicates we may have a break out
Bearish divergence Bearish wedge pattern Bearish head and shoulders QP resistance met
Head and shoulders after a huge rally to possibly complete the leg of this move. We have it gaining momentum at the .50 retrace which indicates this didn't need a lot of convincing to shoot up. Divergence on the 15 and up would really give it what it needs as well as some dovish rhetoric from the fed on rate, or some great news for the U.S economy on a...
head and shoulders is the holy grail of formations. Weather its up or down we can always rely on it Here we have an overall down trend and we are looking to keep the train going. We missed the bus on the first move but still have a lot of potential for the other 100 + pips.
Head and shoulders being formed Looking to continue the down trend we will like to have some divergence to confirm the move. Looking for engulfing candles or multiple trend line breaks
Looking to anticipate where this shoulder is going to land is a tough strategy ,but i'm not new to this. This could be a bug move with this huge down trend.
huge head and shoulders on the daily chart. We would like to see some divergence on the 4hr possibly and would need a sign of the bulls entering the market. However i have posted a previous long position that is the micro version of this on the 4hr. This is a rudimentary technical analysis, but should give you a good idea.
Head and Shoulder! does anything else need to be said? This pattern has never let me down. Well...99% of the time it doesn't. I would be looking for buy areas and some bullish divergence over 100 pips to be caught. Share this post if you think i am right or, Share it if you think i am wrong!
Personally i love harmonics! They put market sentiment into a a picture and then you just have to match that picture with a chart that says it's either going up or down. Personally this chart tells me we are getting to a point where we are getting very over bought and the Whales know that. Start looking for shorts in the PRZ Zone we would also like to to have...
bullish bat harmonic on the weekly i would look for engulfing candles to signify an up trend overall trend has been down so i would be cautious Buy that stuff up though and hold for long term.
Buying the dip is scary but when you have great technical skills, it's not so bad. Head and shoulders forming here, on a 3rd trend line touch, and may bounce at the .618-.707 level. Be sure to wait for confirmation and we will check the RSI if there are any divergence to confirm.
1. Bearish Bat complete 2. in the PRZ zone 3. line sup with fib extension of -.618 4. At major QP of .75 Cents 5. Divergence on the daily and 4hr
1. Downtrend overall 2. Major qp keep getting rejected 3. fibs line cup with qp 4. complete downtrend 5. would need clear rejection from resistance above to confirm
1. Overall up trend 2. bullish bat on the day and 4 hr 3. Wait for divergence to confirm 4. Trend line break will be messy, so we have to be patience. 5. Major Support at harmonic entry zone
We have a bearish harmonic on a strong down trend 1. Bearish Harmonic 2. Wait for divergence confirmation 3. At major/ minor QP 4. May see it continue its down trend 5. We have trend line bounce. We would like to see clear trend rejection
Trending up to new target we have a stead trend line going up and hitting the next fib level
Two breaks of trend line and qp bounce, as well as TP would be the next minor QP