On of two things can happen. We have a double top & double bottom (highlighted in red circles) Only waiting for break and retest, good momentum and entry candlesticks.
Market is approaching a strong level of support(prev resistance) - Break and retest Theory Trend is bullish therefore expecting an impulsive move to break prev structure. Currently waiting for bullish momentum and break of a prev candle to enter the trade!
Waiting for certain confirmations but my overall bias is bullish for USOIL. Looking for buys between 2 zones>> 72.00 and 71.500. Lets wait and see.
This is my last level for shorting USDJPY, for me its a high prob set up. I will scale in as the market drops below 155.500. Lets wait and see
Just a continuation of my previous trade. Break and retest, widened the stops a little bit just to give it breathing room. I am expecting the market to close below 153.700...Lets wait and see.
Break of previous support, anticipating bears to come flooding at this level and take it all the way down.
H1 Trendline breakout with high momentum Inverse Head and Shoulders Pattern emerging Potential Retest area aligned with Head and Shoulders pattern+Trendline Lets watch and see
Head & Shoulders Pattern Forming. Break and Retest of structure, Going Short!
Reversal pattern spotted after a knock from a daily resistance, Head & Shoulders Pattern formed. Waiting for a break (aggressive entry) or retest entry...
Spotted an inverse H&S, anticipating higher movements from here lets watch and see
Basic structure of support becoming resistance, trendline broken to the down side, market approaching EMA200 and EMA50 and will resist to the down side! let's wait and see
High risk trade but lets see how it goes!.... Market broke easily above the 50 EMA and retested it. Consolidation zone is being retested, Market however found resistance on the 200EMA , I will be looking for a break above to know that i am safe!
A clear break and retest, market currently trading under the 50 EMA and failed to break above it! Market structure also supporting the bears so I am going short on this one!
A classic Head and Shoulders pattern spotted on the Hourly time frame. I am taking this short trade based on the pattern also looking at how the market is respecting the 50EMA as a form of resistance and also pointing out a change in direction to a bearish market. Lets see how it plays out
EU Market rejected off a critical support zone on the daily time frame, now I spotted an ascending triangle on the H4 time frame and a nice clean break and retest. Also looking at the EMA200 and EMA50 as support to push this market higher! Lets see how it goes!
EU is failing to break the resistance near my entry and it also gave me (according to my strategy) reversals and confirmations to sell to that level.
Spotted a good head and shoulders pattern, market also rejected on the 200 EMA in a strong zone! I am going Long on this one!
A possibly very clear inverse H&S Pattern, take profits are on critical zones of the market but i am hoping it goes to take profit 3.