Here we have an harmonic pattern testing again PRZ. confluence with weekly 0.382 rsi overbought in previous top, if candle close is below the orange line ill enter short 1% risk
Here we have a perfect example of a Fakeout + Clean Breakout, High Probability trade There is a certain level that the buyers cannot seem to exceed (Marked as Resistance). However, they are gradually starting to push the price up as evident by the higher lows. After the 3rd touch of ascending trendline, price has made a drop but wasnt able to achive a lower low...
I can see mayor structure at the left, confluence with 0.382 fibo of last swing. Expecting price to complete ABCD (in gray) trajectory. Ill wait for potential reversal signs at blue trendline for a bull run. I appreciate your feedback.
Go long, or wait for retractment in lower timeframe
Price is at a weekly trendline, conflunce with monthly level, Daily Fibo retractment to 0.5, Montly fibo 0.382. Expecting price to break the countertrendline (red line). If price breaks up, then Ill enter long.
Wait for bullish candle close above 1300.
This is a simple and great strategy for conservative management of double tops. If you wish you can wait for price to get at 0.618 fibo, and enter at market when next candle closes below 0.618 (less agresive trading).
Price bouncing at daily trendline, Trend is your friend until the end
Price is in a daily resistance/support. Im neutral, but with a slight bearish bias (look all those englufing bearish candles + Euro partial weakness), If price breaks down then im going short until weekly trendline also confluence with 0.886. Else do nothing
Here we have a bearish bat in play. Wait for red trendline to go short!
Pirce is at a monthly trendline , We have a bat with rsi showing us bullish divergence . Lets find entry for a good long swing
Hi Traders. Here we have a bullish setup for GBPNZD. I see a daily trendiline where price has been bouncing. as you can see it looks like a head and shoulders but not so perfect. Price has broken the neckline. To get more profits and make a more secure trade. ill be expecting one more move down to enter. Else im out of this trade. The place where im thinking to...
As allways, wait for reversal signs. candlestick pattern + RSI or whatever you like
WAIT FOR REVERSAL SIGNS
Expecting B support to break, if it is done. then we could try to go to 0.886. Good luck
Bullish BAMM + ABC Waiting for reversal signs