LINDOKUHLEMTSHALI

LINDOKUHLEMTSHALI

the price is currently in a continuation phase in a umber zone, it has spend many hours in that zone and it is now creating reversal patterns. we have a expanding structure, i am expecting to form a double top reject than in the next continuation i will start to look for opportunities.

LINDOKUHLEMTSHALI

Looking at the HTF of DXY, we have a double bottom that was approached in a form of the descending channel showing that the price is losing momentum of pushing to the downside. The descending channel has complete the 1 2 3, broke the double bottom correctively and broke back again after catching the masses. In LTF we have a strong impulse broke inside the HTF...

LINDOKUHLEMTSHALI Updated 

WHERE ARE WE ? -green zone RULE OF THREE -impulsively WHAT'S NEXT ? -waiting for bearish pattern -or bearish impulse followed by continuation

LINDOKUHLEMTSHALI

Confluences • Ascending channel in the mid-structure • Head and shoulders • Broke the double bottom Where are we within structure? • Green zone What’s next? • Looking for entry point

LINDOKUHLEMTSHALI

Confluences • Ascending channel in the mid-structure • Head and shoulders • Broke the double bottom Where are we within structure? • Green zone What’s next? • Looking for entry point

LINDOKUHLEMTSHALI

Confluences • Descending channel 1D • Double bottom Where are we within structure? • Green zone What’s next? • Waiting for bullish impulse followed by continuation

LINDOKUHLEMTSHALI

Confluences • Correction after breakout • Ascending channel Where are we within structure? • Umber zone What’s next? • Looking for entry point

LINDOKUHLEMTSHALI

Confluences • Descending channel 1D • Double bottom Where are we within structure? • Green zone What’s next? • Waiting for bullish impulse followed by continuation