We have a good reaction zone, where, if respected we may have a good countertrend short-term trade. Cheers!
If we close the daily with a good price action rejection the we have a possible uptrend.
We have the following: Head and Shoulder Pattern (Slanted Neckline) MACD and STOCH Divergence Engulfing bearish breakout from H&S CONS; We haven't broken the long term up trend. We are near to a good role reversal zone. R&R not so good if we use a conservative SL place above the right shoulder. Things to possibly watch for: Good breakout of...
We have the following a possible pullback to a RR area. we could wait for confirmations on trend change in either D, H4 or H1. Basic price action would do. Good R&R If there's no confirmation in the area marked, we have a downtrend continuation.
We have the following factors: Good price reversal zone at 61.8% Fib (respected several times) New high formed Downtrend Channel Breakout Good R&R Things to expect: + Good price action in between the 61.8% and 70.5% Fib Levels + Be careful of fundamentals to come on USD *If this is not met I wouldn't advice on taking this trade, and just wait for...
We have the following factors: H1 Rising Wedge (blue lines) + RSI Divergence Good Price Reversal Zone 61.8 Fib Retracement Wait for: + Clear PA confirmation in between the green dotted lines + Uptrend breakout *otherwise I wouldn't advice taking this trade Comments and Questions are Welcome! Cheers!
+ Price Reversal Zone + Possible Falling wedge Wait for a clear PA entry on the reversal zone.
Factors to take into consideration: Resistance Zone H&S Rising Wedge RSI Divergence Wait for: + Clear breakout and retracement + Clear PA confirmation
We have the following factors: Possible H&S pattern at monthly resistance (pink horizontal line) Daily Divergence Daily uptrend breakout (orange diagonal) If all the above are met we have 2 possible entries: 1. If price pullback in between 61.8 and 38.2 Fib levels (orange rectangle with red borderline) + a Good PA confirmation -Pin bar(s) or bearish...
We have a possible pullback on a very well respected daily price reversal zone. Orange rectangle with red borderline. We also have bearish divergence on H1 and H4. Possible targets: 1. Weekly Support (Pink horizontal line) 2. Orange rectangle with blue borderline, which corresponds to daily support zones + 1.272 and 1.618 fib extensions. Wait for a clear...
If price breaks out of the ascending trendline and gives a good PA confirmation, we would have a very good short opportunity.
We have the following factors: Descending triangle Weekly -Pink horizontal line- + Daily Support Zone -Orange Rectangle- + Weekly timeframe is still an uptrend H1 Divergence in OS RSI WAIT FOR.... + H4 downtrend (Green Diagonal Line) + Descending triangle breakout (blue triangle). For a more conservative entry.... Breakout + Pullback + Good PA...
We have the following factors: Falling Wedge Monthly Support (Purple rectangle) Divergence Different Timeframe bias DXY Testing weekly resistance We should wait for a clear breakout of the falling wedge + Good price action confirmation. Otherwise I wouldn't advice taking this trade! If so, then adjust your SL since we may expect a pullback....
Weekly Resistance Ascending Triangle Triple Top WAIT FOR..... Clear breakout of ascending triangle + Trendline + Clear PA confirmation! ....otherwise I wouldn't advice taking this trade! Adjust the SL and TP accordingly when you get a clear entry. All comments are welcome and appreciated Peace!
Descending triangle + tight divergence + Trendline breakout + Good support zone Good R&R and PA confirmation. Quick 1:2, you may trail your SL.
Inverse H&S Pattern Fib %50 Good support zone (green rectangle) Left to right shoulder divergence Wait for a clear PA entry and we can jump in from the right shoulder, we can have a second entry after breakout of inverse H&S pattern or wait for the pullback. Possible Targets TP1 = 0% Fib TP2 = -0.2720% Fib TP3 = = 0.618% Fib Good R&R. Peace!
H&S pattern formation + Divergence + Daily Ressistance (orange rectangle) + Rising Wedge. 2 Possible entries (manage your risk accordingly). - 1. @ Rising Wedge breakout - 2. @ Pullback after breakout of rising wedge. We can go for a quick 1:1 or 1:2, or if you are more aggressive you may trail your SL and set to BE after 1:1. Adjust your SL after...
Weekly resistance (pink rectangle with red borderline) + Ascending triangle + Divergence Only if price breakouts from ascending triangle with a clear price action confirmation and any additional confluence such as Fib, EMA's or S/R levels, I will take this trade. Adjust your SL and entry accordingly to your own risk and strategy. All comments are...