Trading in a triangle right now, reacting off the resistance level with wicks and a strong 4hr doji. I believe price will break low, but I will be managing this trade. I am current in at 1716.24
Looking for the pullback to the .71 zone before a break to the downside, will be watching to see price reactions.
Looking for price to print the B of the A-B pattern. B should within the red zone, once this price this will allow a HL to print which will be our LPS.
Reaching the .79 level. Looks to be forming a double to and a mini double top on the 4H, Looking to short this one if i can see my confirmations
Watching to see the daily close of NU and watch for a bearish signal to confirm an entry for a sell. Looks like it could form a double top, however bulls are not showing down any signs of slowing down quite yet
Trading in a triangle we can see price range within and make a decision if it will push up or down.
Finishing up wyckoff schematic and printing LPS ? Could have the A-B leg if price prints a HL. Looking to finish up acculmation and take price up, could be a good long term swing step up!
Will GU print a H and fail to break the most recent HH. We will see if bears will jump into the market or if the bulls will push higher.
Price is reaching the .71% level where it showed rejection before. Will it reject again and from a HL ?
Price reaching 79% Fib level. Will be interesting to see how price reacts. Possible to see rising wedge and a triple top, head and shoulders pattern.
Triple top on EJ also looks to be forming a head and shoulders right now on a zone level where price has reacted before. I am in a sell entry to the bottom of the ascending channel, I am thinking more of a swing trade with this being roughly 182 pips however I will see how price reacts around the first ascending channel we are trading within.
Watch me breakdown an EU short idea. I am current in this trade short.
Well GJ overall on a higher time frame is on an uptrend. Bulls are in control of this pair and we are just witnessing the push and exhaustion phases. Daily: Ranged for almost a month October 14 then broke out earlier this week with a strong 180 pip daily bull candle 4 Hour: Currently has been trading in an Ascending Channel forming HHs and HLs. Right now we are...
Looking for that 3rd tap to the s/r zone (blue area) On the weekly it is setting up to form a beautiful triple bototm. This trade might take some time, but patience is key. I do believe this will be a good long set up .
Looks to be trading in a decesding channel. We are looking at if it will create a new LL or if price will break thru to the upside. Only time will tell.
Right now EU is having a hard time creating a new lower lower on the daily. However it could just need more time. If we are looking Long term (swing) the pair could fall down to the 78.6% fib levels before we get the continuation fo the trend. On the 4 hour we are looking more of the price trap but we can wait to see how this will play out.
Right now GBPUSD is in consolidation. Has been for quite some time, the question is will it break out or not ? Swing Wise term I do believe this is going to be long trade and bulls will have the most power. I do see a possible short term short set up down to the 61.8% fib levels then a strong bounce up. Lets see how this plays out !