ThePinnacleTrader

ThePinnacleTrader

A rejection on the weekly time-frame signals a potential long term short on the chfjpy.

ThePinnacleTrader

A potential buy larks on the euro dollar. A rejection on the 1.7605 level, creating a double bottom that further strengthens the momentum of bulls reversing the bearish trend.

ThePinnacleTrader

Multiple rejections from previous prices around the 100.970 level. Anticipating a loss of momentum from the bulls increasing a potential bearish reversal.

ThePinnacleTrader

An ascending channel on the daily time-frame signals a potential short of the Aussie kiwi pair with prices currently at 1.09508 level. Patiently waiting for a bullish run to price levels around 1.10458. Thus the 1.10458 level is an important level where prices could reject.High probability sell opportunities can be anticipated.A 1H and 15min bearish flag after the...

ThePinnacleTrader

A descending wedge on the daily time-frame confirms a strong bullish market in the long term with the completion of the third touch on the support level. A break of the descending channel on the H4 further solidifies the pattern within pattern strategy, strengthening the bulls momentum on this pair.

ThePinnacleTrader

Long term sell trade on the Pound Yen. Multiple touch identification completed from the daily time-frame to the hourly time-frame. A break of the bearish flag on a small time-frame confirms the bias. Use proper risk management