ABBV bullish hammer compression pressure building we can go higher.
IWM daily indecision pressure building for wave 5 of wave 3 downtrend. Sell 12 Stop 163.02 LMT 163.02 GTC Buy 12 Limit 151.83 GTC Buy 12 Stop 171.15 GTC
XLE weekly indecision for ABC nice entry. Stop loss above local highs.
Hello traders, Let me make is simple on this 4H chart. Price took a week to rise up to the pressure zone 1.05-1.06 with 5 waves . You can say it is not easy for it. With strong possible bearish signal on 4h chart, that the final candle will finish in 2 hrs, you can say that sideways price action inside the circle is going to finish with a bearish candle which...
Hello traders, NZDJPY is on a strong bearish trend under pressure line and EMAS. Setup a plan to sell today TO 78.5-79.00 RISK LOWER THAN YOUR TOLERANCE: Suggested Risk <5% Your Real Entry Position Will Make Different RR for Your Trade. GOOD LUCK!!! LESS IS MORE!
Hello traders, GOLD is meeting its strong pressure zone on 6h chart. I prefer to see a correction from now down to fibo 382-618. Setup a plan to sell today till next first half week. RISK LOWER THAN YOUR TOLERANCE: Suggested Risk <5% Your Real Entry Position Will Make Different RR for Your Trade. GOOD LUCK!!! LESS IS MORE!
Hello traders, On wkly chart, we see the possibility that GOLD test 1900 in the near future.But it wont happen in just few days. Before breakingout the pressure zone on the daily chart, it is more possible to rang sidway between 1800-1830. You should have different plans for different price action from GOLD. RISK LOWER THAN YOUR TOLERANCE: Suggested Risk...
Hello traders, Last idea on AUDUSD was looking for trend continuation up to resistance zone. Now this pair is not good to long again. The green pressure zone has rejected price up twice with RSI DIV. Now keep eyes on 4H chart to find ur entry signal to sell. GOOD LUCK !! LESS IS MORE!
If breakout happened from zone ! After the price pullback to this zone, we can enter the selling position.
In my last post (June 2017) I discussed two scenarios. The first scenario worked well. The pair broke out of consolidation, thus crossed the first strong pressure zone Z1. It faced resistance from a minor pressure zone (labelled on the chart) and pulled back for a retest of the breakout level before resuming its uptrend towards the next major pressure zone Z2....