Currently, it appears to be a buy signal on the lower timeframe. On the daily timeframe, it has already touched the support level and has the potential to rise up to 2744.10. To identify the buy signal, I will wait for a retest at the 5-minute support level. At that point, I'll look for a double bottom formation. Once the price breaks the 2704.17 level on the...
A great selling opportunity is approaching as the trendline has broken, and the price is now in a resistance area. This area has shown a previous sharp fall with a significant wick, indicating potential for another drop. We expect the price to decline quickly, providing an opportunity to capture a few hundred pips. This trade is likely to be completed within two...
I will prioritize buying if the trendline holds and shows an upward movement. However, if the trendline breaks and I observe a double top pattern indicating a downward move, I will look to sell.
Pivot = 152.20 Key Observations: 30Min Trend Break engulfing candle observed in the Pivote level Head and shoulder Patten observed Start to sell 151.413 - 151.700 Target 1 - 151.35 Target 2 - 150.85 Target 3 - 150.45
I'm Looking for sell trade on GBP/USD 30 Min Trend Break observed and the Sellers are push the market price mssively the wick candle printed already Head and sholder observed Pivot = 1.0545 Start to sell 1.05400 - 1.05300 Target 1 - 1.05150 Target 2 - 1.05000 Target 3 - 1.04850
Pivot = 96460 Key Observations: 30Min Trend Break engulfing candle observed in the Pivote level Head and shoulder Patten observed Start to Buy 97841.00 - 96871.00 Target 1 - 99960.00 Target 2 - 100980.00 Below 96460, expect 94740 and 93710
Pivot = 1.2770 Key Observations: 30Min Trend Break Double top printed with big wick Head and shoulder Patten observed Start to sell 1.2757 - 1.2800 Target 1 - 1.27450 Target 2 - 1.27150 Target 3 - 1.26900 Target 4 - 1.26900 Target to the Next Support 1.26699 is a Max