Hello Traders, On today's setup, we are having a triple top = a reversal pattern (rising wedge)
Hello Traders, we are seeing a bearish flag pattern which indicates a potential bearish continuation on Silver.
Hello traders ,we are having a potential long position on AUDUSD with the presence of a bullish continuation pattern
The market repeats itself so what need to do as traders is to build a good strategy that can be replicated overtime to be able to capitalise from the market.
On the 1 hour time frame, we have a breakout of the wedge pattern which also caused a change of character and currently pulling back to the previous support level correctively with a possible flag pattern
Hello Traders, on this setup , we are seeing a wedge pattern towards the resistance area which gives us an indication of a potential bearish movement
Hi Traders, we are looking at a potential sell on GBPUSD once its bearish continuation pattern is broken
Hi Traders, with this setup, we are seeing a possible break of the bearish flag to confirm a sell trade
Price broke out of its corrective nature (bullish falling wedge) and currently in a corrective state (bullish flag) after an impulsive move to the upside.
We have a breakout of an rising wedge with a bearish flag pattern which is likely to push price lower.
Price action on DXY is printing a bullish continuation pattern which will cause dollar value to pike up.
Patterns are one of the most profitable way of trading the market, as we can see , price is currently in a corrective structure which is creating a possible bearish flag to the 3rd touch which will see the market going to the downside.
Price is approaching the previous support level in a continuation pattern which can see the market going bearish to continue its prior trend
Price moved correctively to the supply zone after its prior impulsive move to the downside. On the 1H timeframe we have a double top formation followed by a bearish flag which can see price going to the downside
EURCHF is moving correctively to the upside which is forming a possible bearish continuation pattern which will cause price to continue its prior trend
Price was creating higher highs and lows which is a character on a bullish trend but bulls failed to create a higher low and created a lower Low which indicates a change of character of the uptrend and an onset on a bearish trend
Price approached the Supply zone correctively and printed head and shoulder pattern if indicates a possible onset of a bearish trend
Chart patterns are very profitable if you can easily spot them and also create a strategy around it to know when to open a position based on the pattern that presents itself.