good spot to short after large engulfing on 1hr chart, low risk and high reward
waiting for a break of the up trend and short to 92 area. Price couldn't break above 95 area which prove sellers power. In case price breaks above 95 area the plan will change.
bullish engulfing candle on the 4hr chart, but price couldn't break 55 ema on 1hr chart and we see a doji in the past candle. we still have 18 min until the close of 1hr candle which will make me take short trade
double top at the 15 min chart, could get us 50 pips
price couldn't go any further up, so i change the trade to a small short about 50 pips
i think the price just did a double bottom on the daily chart, but the force still in the sellers hand.
to safely trade this pair, we should wait for the price to break out of the box and come back touch it again with out getting back in! (last kiss trade).
there's a smooth up trend, unless the price break it today. We wil see the price go up to 99 area
douple top with a touch of the 55 ema on the the 4 hr chart
price now is under the 200MA and break apove that will result in the a rally up, on the other side any break of the up trend will drag the price down
on both stock and MACD, show's possibility of bouncing back up