Prime example of a trending market. Market structure with a break and re-test of previous structure!!!!
Possible play to a Ranging Market, Unless it breaks structure
Please see potential plays to the downside with possible entries based on the Daily Structure
If Support holds: Buy up to 1.76676 If Break of Support and break of TL with Re-test of Previous Support, now Resistance: Short at 1.74694 to next zone.....
Possibilities.... Would love to see it push back to $4500 then GO BULLISH!!!!!!
Would like to see the DOW push down to previous support and hold for a bounce to the highs... Currently in a consolidation. If it breaks support and retest support, then would like to start looking for shorts.....
Currently ranging between 382 and 618. Looking for a break down to TL and then going long as long as the Bullish TL holds.
Bearish on GU: Would like to see it push to the .618 then reject below the 200 EMA and may hold below the 50 EMA.
Would like to see a correction, then continuation to the UPSIDE. Always a possibility of a push back down to the 200 EMA then looking for prime entry to go BULLISH. All depending on price action at these key levels.
Looking for a push to 137.500, waiting for price action rejection to continue with the BEARISH trend. Would like to see the 50 EMA hold as resistance
With AUDCAD at a level of resistance and currently showing some rejection... A pullback to the 50 FIB would be a great possible entry for a Long position.
Looking at a short with possible H&S formation forming.
Looking at a possible push to the downside if price respects the Bearish TL.
Looking for BUYS!!!! Waiting for a pullback to .382/.50 Fib for possible entries to go LONG. If no Pullback, waiting for break and re-test at the high structure for Bullish opportunities.
Looking for BUYS!!!! Waiting for a pullback to .382/.50 Fib for possible entries to go LONG. If no Pullback, waiting for break and re-test at the high structure for Bullish opportunities.