Bias is bearish on GA. Expecting price to fall to to 1.88000 for my 1st overall TP. I have multiple confluences on this trade . Price broke daily structure taking out the lows then created a pull back to my fibonacci retracement level(61.8) and is creating a lower high. We also have a Doji daily candlestick followed by a shooting star daily candlestick. I think...
Price Simply broke structure on the daily time frame. Price also made a lower high(shooting star) candlestick followed by a bearish engulfing the day after. Looking for retracement to enter short to 0.71000. Be mindful of NFP tomorrow
Price gave us a lower high on the 4hr which was yesterdays daily shooting star candlestick. Today , price was followed by a bearish engulfing closing below the 1800.00 zone. Looking for a minor pull back to short down to the 1760.00 area. Also keeping in mind tomorrows news (NFP). Trade safely & use risk management.
Looking to take price up t0 4401.00. Price gave me my 3rd bounce on my trend line giving me a Doji followed b y a bullish engulfing candle.Price also gave a higher low on the daily time frame a multiple moving average crossovers on the daily,4hr & 2hr time frame.
Took a short on Friday morning on GBPUSD on the right shoulder after price created a double top and broke structure. Looking to enter second position on the close, break & retest of 1.3 which is next minor support. TP Goals are @ 3.30 for the week which matches up with daily 27th extension Fibonacci and also the bottom of the channel.
Daily close on GU created a shooting star candlestick. It also bounced off the trend line with a long wick rejecting 1.345 creating a potential lower high.It also rejected off the 50% fib retracement level and the 27th extension matches up with my TP @ 1.33.Now waiting for a 4hr close below 1.34