PRICE BOUNCED DOWN FROM DOUBLE TOP AND LOOKS LIKE WILL RE-TEST. CAN ENTRY ON THE RE-TEST AREA, PLEASE MANAGE YOUR RISK.
WE CAN SEE A DOUBLE TOP AND PRICE BREAK THE TRENDLINE TO THE DOWNSIDE AND RESTEST. CAN ENTRY NOW OR WAIT CLEAR NEXT BEAR FLAG TO SHORT.
WE CAN SEE CLEAR ASCENDING STRUCTURE AFTER PRICE BOUNCE FROM SUPPORT AREA.
DONT GET CAUGHT IN THE WRONG SIDE OF THE MARKET, I STILL LOOKING TO LONG ON THIS PAIR. WAIT FOR CLEAR REVERSAL PATTERN TO BUY ENTRY
BULL FLAG- BREAK UPSIDE - ENTRY ON TRENDLINE
BEAR FLAG FOLLOW UP DOUBLE TOP. WAIT NEXT BEAR FLAG FOR SAFE ENTRY POINT.
PRICE BREAK BULL FLAG TO THE UPSIDE. CAN ENTRY ON RE-TEST ZONE TO MAXIMIZE PROFIT.
LOOKS LIKE PRICE BREAK THE BULL FLAG AND RESTEST. CAN ENTRY NOW.
IN A BIGGER PICTURE, PRICE CURRENTLY IN A BEAR FLAG. WAIT FOR CLEAR REVERSAL PATTERN TO SHORT NEAR OUTER STRUCTURE.
CLEAR BULL PENNANT FORMED. CAN ENTRY NOW AND WAIT HOW PATTERN FORM AT THE RESISTANCE AREA.
PENNANT FORMING IN ASCENDING CHANNEL. CAN GET 100 PIPS BEFORE POTENTIAL NEXT DOWN IMPULSE
DIRECTION STILL UPTREND + CLEAR BULL FLAG FORMING.
hey trader, on a bigger structure, price bounce up from the lowest point and i forecast it can continue rising. on a short term basis, price is rejecting previous high and form corrective structure. im looking to sell at the resistance and take profit at possible retest zone (refer chart).