- Price is on big downtrend and may continue to follow for one more leg - Sell when price retrace to the target when there is a clear price action signal at this zone
This view is from EW perspective. So price is in a bit more complicated corrective phases, we never know when the correction ends, but all we know it would end somewhere and head forward. Until we get confirmation for a big impulse wave ahead, we can trade within the range as this mentioned setup. If this count is correct, there would be a small impulse (which...
- The price is tested area 0.30733. - Double reversal candle is shaped on TF Daily. - On TF H4: Price action confirmation--> Buy
- Closed daily gives the pinbar. - The tendency is downward on TF H1 --> Sell
- Gold made Head & Shoulder pattern yesterday and now broke down - Sell on any corrections from current level to follow the momentum
Time to grab some Ripple base on trend from Timeframe H1, price would go up a bit then correction and shoot up then. Wait to buy at the green line when price doesn't suddenly break through
- The structure price is uptrend on TF H1. - The price closed above 4.89 --> Stralegy buy when the price re-tests area 4.89
The price tested area 1481. TF H4 gives reversal candle--> Sell
- Price pushed up to major resistance - There is weakness around this level - Short sell and Stop when price breaks high - Target as described in chart
- Buy on dip EURUSD - This is short-term strategy
- short term buying opportunity - buy when price has confirm at support
- H&S pattern, sell on price action
- Formed a pin bar which closed above important support - This is a familiar setup for breaking triangle pattern
- Formed a symmetrical formation to show an indecision for further correction or resume uptrend as following higher timeframe charts - It depends on your trading style to call for an early bias when price breaks up with aggressive entry or passive one - A break through to 770 would confirm an uptrend structure and price could go much further - Anything below 770...
- Gold made another Pin bar that tested supporting zone today - The whole structure shows that Gold is still in trading range - Buy low when price breaks High today or make some retracement to its Fibo 38-50% - Target at 61.8% of previous bearish impulse leg - Comment +1 if you make profit
- Price formed a potential H&S which would wait for a confirm in breaking out and closed below 733 - Trend still shows bullish bias if price manages to find support and makes HH & HL then, so a Long order only when price closes above Right shoulder is valid for a Long timing
- Current market structure shows clear Uptrend bias - Look for Buying opportunities only - Buying on dip when price makes some intraday corrections - Set Stop trails to your break even point when there is 30 USD in your profit and then leave orders till it reaches target
- Strong correction from aggressively selling off - Attempt to make HH comparing to closest downtrend structure - Time the buying from 38.2%-50% of the last impulse to have an edge on RR