jetly232

jetly232 Updated 

Price has correctibely reached the key level area and formed a rising wedge pattern. Its has also formed a pattern- within- pattern of rising wedge formation even on a 15m TF to get a better entry with a higher risk to reward. Forecasting it to go short to the minimum of TP -1 and the maximum of TP -2 Giving us a R:R of 4.11% in just 1 trade. As the trade...

jetly232 Updated 

Daily has formed tweezer top candle suggesting market is setting up for a bearish move. A good 6-8hrs candle bear flat flag has formed. Price has also come from a impulsive leg and currently consolidating and the odds are its going to continue the impulsive move as part of pattern completion (1-2-3) i.e. Impulse- correction- impulse.