RaysTechnical

RaysTechnical

There's clearly a down trend with defined highs and lows so two things are to be expected change of character or creation of a new low

RaysTechnical

Depending channel and the market has just hit resistance and now it's going towards the support

RaysTechnical

A trend has been broken meaning the buyers has lost control to the sellers

RaysTechnical

Breakout retest. After a resistance is broken we expect those that where being resisted to take over the market

RaysTechnical

Double bottom of trend indicates the end of a trend meaning now the market it's about to respect the triangle

RaysTechnical

The market will complete the curve whilst respecting the trend and the smaller trends are to confirm your entries during breakouts

RaysTechnical

Trends in trend occurs when small Trends happen within a bigger trend and we expect that when there's a breakout on the smaller trend it will be in response to the bigger trend and this is a perfect example of this strategy (Trends in trend)

RaysTechnical

A beautiful double top forming at the end of a trend signifying a potential break of structure