A fake out could also take place and cause price to drop from the supply zone
Price is ranging in a side-way channel and I expect a short from this resistance
Parallel Channel with Supply and Demand. Please share your opinions
This pair is currently bearish and has showing a bear flag. A breakout would signal another entry for a short.
I am currently shorting this pair and I would be looking to go long when price reaches bullish trend line
If price reaches that zone, I would be looking to go short
I am currently shorting this pair and I am looking to go long at the demand zone to the Head and Shoulders neckline. I expect price to drop further from there.
Price has shown rejection at channel and and horizontal resistances after break out from bullish trend line. I would be going short from here.
Price has shown rejection at channel and and horizontal resistances after break out from bullish trend line. I would be going short from here.
SHALL WE GO LONG AT THE SYMMETRICAL WEDGE BREAKOUT UP TO THE SUPPLY ZONE?
CHANNEL BREAKOUT AND CONFIRMATION. I WOULD GO SHORT AT THE BREAK
PRICE HAS BROKEN THE BULLISH TREND LINE AND FORMING A CORRECTION WHICH HAS FORMED A RISING WEDGE AND A BEARISH PENNANT. I EXPECT A SHORT FROM HERE WITH AN IMPULSIVE MOVE