I see price retesting the breakout trend line before shooting the shot up back and inverted head and shoulder also confirm the trade which serve as confluence
This pair form a new high and im expecting it to make u low now with market structure . the quasimodo pattern also bring about confluence on the chart indicating that the market is undergoing short term bearish move . thanks
The pair just hit channel line and is about to bounce and form double buttom , but i will advise to see either bullish engulfing or hammer before buying at the support level marked on the chart
WE are going short on the market after the structure change to uptrend and we are going to go short for wave 4 and after wave 4 we follow the trend and the rules stand that wave 4 must not extend to the territory of wave 1
GOLD will sell from the comment of siging the trade deal with the china and some weakness from the candle stick formation at resistance area 1480, i hope that some seller come in to defend the zone and force the price downward
this pair will undergo WAVE B before going to WAVE C in the corrective movement and according to wave law, after 5 impulsive wave 3 corrective wave follow
IM selling due to the structure im seeing which stand for descending wedge , and bearish engulfing candle on the H2 chart at the top of the wedge. thanks