KomarP

KomarP

long term analysis: GU is currently pulled back to a key area and couldn’t break out

KomarP

Why you shouldn't buy it yet? 1. Trendline is broken 2. Support area is being tested for the 4th time (the higher the number, the more likely it is to be broken) 3. Volume on the last red candle shows sellers are getting control! 4. 20 MA is lower than 50 MA

KomarP

As the volume shows, sellers are in control. This one's very likely to work out

KomarP Updated 

A little risky but highly rewardable. Enter with %1

KomarP

Hello guys 1. Price broke the strong resistant level on the daily chart at 156 and now is pulling back to it 2. Lots of demand in this area according to the volume. 3 this could possibly form a big head and shoulders which will play out very nicely if price respects the support and resistance levels and for it to happen we must look out for the trend line and see...

KomarP

Expecting it to go up if the marked area is reached simple supply and demand

KomarP

we saw signs of a trend reversal on the 4h TF as price broke out of the trend line. Now considering a retracement to 38% level it could start moving up again continuing the bigger trend. we could wait for the price to touch the lower band of the 3rd standard deviation of the Bollinger band. if so, it will be a nice trade with a nice RR. what do you think?

KomarP

Will the GBPJPY bounce off of the Resistance area for a second time? It looks very likely

KomarP

Wait for price to break and pull back to the zone, safe to sell with 2 R R

KomarP

Another look at my previous idea. RSI close to 20% area

KomarP

Just price action

KomarP

lets see

KomarP

buy limit good for mid-term traders.

KomarP

Supply and demand + trend continuation on higher tf

KomarP

Sell on pullback

KomarP

long

KomarP

nice setup

KomarP

it's unlikely to reach the entry price. but if it does then this is my idea