Analysis is on the chart!
DOUBLE BOTTOM STRUCTURE IN THE FORM OF A CORRECTIVE DESCENDING REVERSAL CHANNEL. LOOKING FOR POTENTIAL BUYS!!!!
Looking For Short around this double top/top of ascending channel structure. On the lower time frame we had another Ascending reversal channel, looking for the break of structure to enter in short!
Looking for simple structure. Double Bottoom with a descending Channel!
Simple Analysis. Just a couple of double bottoms showing a good sign of a reversal!
So looking at GBPJPY, we have an obvious impulse, correction, and so now we are looking for another impulse. However, price action has created a descending reversal channel which indicates a push to the upside. However, looking at the charts, I believe it still favors selling opportunities as selling this pair would mean entering with the selling momentum. BUT...
This is the weekly Chart so still some time before we get into some high value areas. Looking for long entries to the upside. -Ascending reversal Channel Indicates push to the upside -Double Bottom indicates push to the upside! Thanks
Looking for a simple correction pattern within that lower time frame ascending channel to get involved short. This has a lot of potential to the downside. Majority of the Analysis is on the chart!
This week, we may have price coming into a very key price area because we have a lot of structure meeting at one price. So for this week, I will be paying attention to how exactly price action gets us to this area. Specifically, I would like to see a double bottom or a descending channel form which would indicate a potential reversal. Long term Take profit...
Descending Channel within a Descending Channel at the top of a higher time frame structure! Lots of COnfluences!
Daily Double Bottom (Caught People on the Wrong Side of the Market) Descending Reversal Channel
Trade Update!!!! Looking for sells!!! Top of structure, Double top with an ascending channel!!!
Simple correcting wedge in bearish market. Potential selling opportunity coming soon!
Currently we are at a very key level (Daily Trendline Resistance) However, we slightly broke above that level before quickly retracing back below that level. With that being said, USDCAD has created a nice bearish flag pattern at the top of this descending channel. Possible entries to the downside!
We are at a Daily Level that is creating a double pattern. We then have a 4 Hour Descending Reversal Channel (Bullish) thats forming as well as a 15 min Descending Reversal Channel (Bullish) forming inside the 4 hour channel. Looking for potential longs at this level!