I see in the left chart (H4), there is a selling momentum. I try to join seller and sell twice like my pict. If price go lower then 160.700, price can drop deeper.
in my forecasting, UC will drop. I find deceleration and acceleration to drop
1. Bullish structure. 2. Break In Structure happened. 3. Price fall 4. Pullback in area of Suppor Become Resistance. 5. Wick candle, Deceleration. 6. Lower TF for entry
Daily TF. Candle Reversal, make Fake Out before Break the Low of Yesterday.
Price in area of Resistance, We can see tripple top TF H2, with BOS (Break OF Structure) in minor TF. Sell with R:R 1:3
Price was rally so long and may be reach a Resistance zone. The thing looks in RSI indicator that happen divergence with price make higher high in Daily Timeframe. Look down in TF H1, there are possible Head and Shoulder with neckline weekly pivot.
1. UJ is in downtrend. WHY? - it's break the trendline - breakout with buildup - strong downtrend momentum 2. Looking for retest
as we see in picture that: 1. Trend is a downtrend 2. MA as a dinamic resistance 3. show the consolidation area below the MA 4. set TIGHT stop loss in 122.150-122.200 enjoy your trade with the trend
Buy to join the trend. SL 1.10700 1 st target 1.1900 2 nd target 1.2500
Price of EURUSD make a pattern that shows us where is the resistance area, and making a new higher low for time to time thats indicating uptrend/ buyer is coming to defend the price go lower. Trade setup: set buy limit in possible a new support with a stop loss arround 500 pips. Or will wait until price confirm the new support then we join with market after it.
long position can be more acceptable to follow the trend rather than short position. potential REVERSAL Head and Shoulder (HnS) looks like in TF h1, and in TF H4 shows strong uptrend with MA15 as a support.
If we look at the chart. GBPUSD is in consolidation at 0.786 retracement of the trend. that I'm prefer to look over bullish signal.
T.A.E. (S). Analysis T. KNOW of YOUR TRENDING MARKET (UPTREND/DOWNTREND/SIDEWAY) A. SET AREA OF VALUE E. ENTRY TRIGGER candlestick before join the market S. set yous STOPLOSS cause we never ever 100% right, MARKET is RIGHT.
Head n Shoulder Pattern in GBPUSD. Short only. Target 1.33000. Stop Loss: 1.34500