(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!)
BULLISH PINBAR
On Wk1, this is what is formed as a rejection candlestick from key support area and likely to close above another
key support (above @133). Hence, we can start to think bullish for this week.
INVERSE HEAD-AND-SHOULDERS PATTERN
On H4, we can clearly see how there is a nice inverse H'n'S pattern formed. All we need is a breakout of the neckline
and a proper retest of it at the neckline @130.30 and we buy to level of interest @132.00 or close.
MARKET GAPS
If you are very familiar with what market gaps are, you will know that those portions labeled "gaps' will sooner or later
get filled, against all odds. This could happen if price changes trend already back upside.
Always remember that nothing is fixed. So, stay very safe and observe all your trading plan and strategy strictly. Thank you!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.
BULLISH PINBAR
On Wk1, this is what is formed as a rejection candlestick from key support area and likely to close above another
key support (above @133). Hence, we can start to think bullish for this week.
INVERSE HEAD-AND-SHOULDERS PATTERN
On H4, we can clearly see how there is a nice inverse H'n'S pattern formed. All we need is a breakout of the neckline
and a proper retest of it at the neckline @130.30 and we buy to level of interest @132.00 or close.
MARKET GAPS
If you are very familiar with what market gaps are, you will know that those portions labeled "gaps' will sooner or later
get filled, against all odds. This could happen if price changes trend already back upside.
Always remember that nothing is fixed. So, stay very safe and observe all your trading plan and strategy strictly. Thank you!
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose.