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ikethegreatest_

Gold is approaching a support level with a falling wedge pattern which is also an indication for a bearish trend

ikethegreatest_

EURJPY created a double top formation which indicates a reversal movement of price. Price has broken the neckline (support) and retesting it as resistance.

ikethegreatest_

Gold price is currently in the correction phase and expecting an incoming impulsively leg to push the price to the downside.

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GOLD is likely to drop after the breakout of the bearish flag

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BTC is currently correcting after an impulse move to the downside

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The nature's theory of the market states that price moves in two waves; Impulse and correction. When the market in on a downtrend , sellers push the price down impulsively while the buys corrects the price , the opposite is true

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the formation of a bearish flag after the impulsive movement

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Price broke the support level impulsively and expecting a correction phase before the continuation of the trend .Trade with the trend till it dies

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Price moved correctively to the support level with a falling channel which also indicates a possible movement to the upside after the break of the resistance of the channel. There has being a break and retest and likely to shoot up.

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Price pulled back for correction and continued its prior trend to the downside

ikethegreatest_

EURJPY is on a downtrend and likely to continue trading to the downside