Falling wedge with price hitting support area and possible new upwards channel. Would confirm with oil prices for an early entry
Falling wedge on 15m chart, Hitting longer term support, Hitting support zone around S1, Low volume and low price meaning price will get more narrow, Lil shooting star on the 15m frame. Possible Long Position, ENTRY:1.31024 TP:1.31232 SL:1.30861
ENTRY: 0.98906 TP1:0.98814 TP2:0.98699 SL:0.99039 Chart Pattern: Rising Wedge
Entering the resistance level, price has been pushing in this area for a while. Double top formed.
ENTRY: Current price SL: 1.11471 TP1: 1.11362 TP2: 1.11275 Smaller candle sizes indicating price will drop
Potential short on USDCAD with a H&S pattern forming on the 15m timeframe. We can also see we have a slight trend line downtrending on higher timeframes. ENTRY:1.30920 TP1:1.30793 TP2:1.30677 SL:1.30963 Would wait for bearish confirmation before entrance.
Price is starting to narrow down on the shorter timeframes suggesting a potential breakout. Even if the breakout doesn't occur we still have a longer term uptrend, which is less profitable.
As price narrows on GBPUSD there could be a possible breakout.
Falling wedge and hitting support. Wait for bullish confirmation.
Rising wedge forming, with short term down trend.
SL:109.508 ENTRY:108.691 TP:107.467 Doji candles, Double top and previously tested resistance
SL:0.63011 ENTRY:0.62914 TP1:0.62838 TP2:0.62714 Rising Wedge, Hitting resistance and Bearish trend weakening.
Nice little rising wedge forming with resistance around 1.28477, also candles are weakening at the top of the wedge. Would wait to see if it breaks the resistance although I think it will.
SL:1782 ENTRY:1907 TP:2000 SUPPORT: 1730 RESISTANCE: 1882 If breaks resistance with bullish confirmation then LONG
Price rejection Doji candles Possible fakeout Following downtrend
SL:54.52 TP:61.24 TP:66.00 ENTRY:58.30 Wouldn't trade this, just an idea.