ikethegreatest_

ikethegreatest_

GOLD is making a possible lower high. Price is currently at the 3rd touch of the trend line and also at a key level which was a support and serving as a resistance now

ikethegreatest_

AUDUSD approached the supply zone correctively with a rising wedge pattern which indicates a possible movement to the downside.

ikethegreatest_

Price has the potential of going to the downside at the break of the continuation pattern

ikethegreatest_

We can see a double bottom at the support level which caused a change of character of the downtrend. Watch out for the break of the continuation pattern for a long position.

ikethegreatest_

Price failed to create a Higher high but rather created a lower high and also broke its previous Higher Low to create a lower Low. We are expecting a pull back to the previous support as resistance for a sell trade.

ikethegreatest_

We saw an inverse head and shoulder at the support level and waited for the break of the neck line(resistance) of the pattern and currently retesting as support.

ikethegreatest_

Price is pulling back on the daily time frame on a bearish trend but on the lower time we can see a continuation pattern for a bullish trend of the higher time frame pull back

ikethegreatest_

Crude oil is one of the instrument that respects patterns very well. We can see series of bearish patterns on the downtrend

ikethegreatest_

Price impulsed to the downside to create a lower low and currently in the correction phase. Price has a high potential of breaking the bearish flag to go lower

ikethegreatest_

There is a change of character on the 4H time frame, we can also see inverse head and shoulder pattern in signifies a reversal to the upside. A good entry will be a wait for a pull back (Correction)

ikethegreatest_

Price broke out of the flag as forecasted , This is textbook

ikethegreatest_

There is a change of character of the 4H bullish trend where price formed a double top pattern and broke below the neckline ( support) and retested as resistance on 15mins time frame with a rising wedge

ikethegreatest_

Price moved correctively to the support zone with a falling wedge pattern which indicates a bullish reversal, there is also a double bottom given us multiple confluence to go long on this pair . Zooming in we can also see a change of character on the 4H time time where price broke the lower high (resistance ) and retested as support with a bullish engulfing...

ikethegreatest_

Price has the potential of going higher after rejecting at the round psychological level of 1.30500 and also giving as a flag pattern on the lower time frame

ikethegreatest_

Price has been correcting for weeks now and creating a potential bearish flag which could see price going to the downside

ikethegreatest_

USDJPY has been bullish for a quite period of time and as traders its always right to trade with the trend. Price has been breaking structure highs to create new highs in the market . Currently price is pulling back for a possible higher low and continuation of its prior trend.

ikethegreatest_

The market moves in two waves that is ;Impulse and Correction. After an impulsive move in the market there is always a pullback ( correction ) that follows before the next impulse comes in.

ikethegreatest_

Market is currently trending to the downside so we have to follow the trend till we are wrong . There is a simple break and retest structure presenting itself on the 1h chart