now euro/usd is 1,3325 and strong bullish.
I should have understood that , because market didnt care many bearish head-shoulder patterns appeared in 1H and 4H time frames.
when the market doesnt care bearish patterns , this means that new highs are close. this is my best signal..:cool:
Hello Sive,
In 4H time frame , do you see a head and shoulder pattern?
right shoulder is a little bit higher but it seems like a head-shoulder pattern..
What is your opinion?
In 4 hours time frame;
A Head and shoulder pattern is being built?
It seems that right shoulder and head has been completed , now left shoulder is being built?
What do you think?
All my best..
Hi Sive,
Thank you again for your efforts..
I think that you have also confused regarding pattern appeared in daily time frame chart.
in your weekly chart you define it as a flag pattern but in daily chart you define it as descending triangle..?
In an uptrend, flag pattern is mostly...
Salam Yousuf,
I think that today's euro down move was not due to france.
you can see a very clear H&S pattern between 1,44-1,435 in 5-minute time frame.
All my best..
Hi Sive,
I am sorry for my misspell. It will be descending triangle.
You can see more about this pattern in this link..
Descending Triangle Definition
thanks..
Flag form or descending angle?
Hello Sive,
At first i wanna thank you for your efforts and analysis.
My question is about flag pattern that you showed in weekly euro-usd chart.
Flag form that you mentioned may be descending angle? It appeared to me as a descending angle more than flag...
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