Looking for a retest of 100 EMA in 1h chart, shluld retest happen sooner-> trend continuation trade awareness
Appears to be a wedge consolidation, looks like a good opportunity to go long within pattern.
Just retested the 100 EMA in D chart ( bottom of pattern ), broke out, but still lookingfor entry. I assume there will be more consolidation in lower time frames and or a retest of ine of the lower chart 100 EMAs. Maybe after the news today.
1. In 4 hour chart, (look for long opportunities just like 2.) 2. In 15 min chart.
Failed to break out to the downside and retested 100 EMA in 4h chart.
Trade: Trend continuation/Wedge/Head and shoulders looking for a retest preferably at 5 min 100 EMA. + Example: Great example of just some of the opportunities a down-trend / channel can provide, not even counting the many possible trades in minor time-frames, if you follow the trend.
Head and shoulders pattern + Trend continuation trade ( waiting for break of tren line ) ALso looking closely at 100 EMA in 4h chart to make sure price can hold above and move higher.
Wedge pattern consolidation with strong support line until retest of 100 EMA, just broke out
Consolidated at resistance and broke out of minor wedge to reenter larger wedge + retest of 100 EMA in h chart.
Retested the 1oo EMA and broke the trend line. Looking for a retest of the EMA in the daily chart.
Breakout and retest of consolidation, waiting for a break of the minor trend line
Broke out after retest at 4h 100 EMA and consolidation, looking for a break of the respite.
Seems to be breaking out of flag pattern consolidation. Second target is strong previous support.
A little late but still a good setup and enough room for profit. Looking for contact with 100 EMA in 1h chart.
Watch out for a move down. Targeting previous support.