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Breakandretest

AUDUSD possible long moveAN offers a really good long setup. The confluences are: 1.ascending channel 2.break and retest of S/R zone 3.daily AND weekly 50EMA laying on this level 4.61.8% fibs So we just need to see rejection candles at POI for entries. The only thing I don't like is the bearish momentum. The last daily candle is Marubozu candle, a very dominant candle sooo I'll be looking for STRONG 4H rejection candles or daily candle before jumping in longs! It could easily penetrate the zone, so be careful with entries.
Long
by JivkoXristov
2
Platinum long scenario Oke guys, I'm going to watch this for potential long if price give us second touch of the ATL, it showed good rejection at first touch and now I'm looking for a pullback to POI and if it comes to the marked zone, I will wait for 4H rejection candles and after that I'll consider buys. Confluences are: 1. Daily 50EMA touch 2. Nice break and retest of S/R zone 3. Bullish trend on 4H, D, W 4. 61.8% fibs 5. initially it showed rejection at the first touch of daily 50EMA Technically its looking good, but remember that we jump in longs only if we see a good 4H rejection candles at marked zone
PLong
by JivkoXristov