MehisTambu

MehisTambu

Nice downbreak right there, hope someone at least considered the trade :)

MehisTambu

Hope someone got on the ride

MehisTambu

Quite obvious and simple long trade on UC

MehisTambu

GU promising short trade with lots of considerable reasons, sorry for making the chart complicated

MehisTambu

Price at target 1 level

MehisTambu

Multiple factors confirming short

MehisTambu

Near term market status is bearish, but strong reversal signal in the making. If it closes as a pin bar we could see a small profitable move upwards. Probably that would be in the .93500-.94000 level wich would be a good area to go short with the trend

MehisTambu

Price currently moving properly on resistance and support levels. If the price moves to 1.10500 level I will wait it to retrace to 1.09700 an look for price action signal for entry

MehisTambu

Those who missed 50% entry there is another chance at the break of the pin bar nose

MehisTambu

Pin bar reversal signal at support zone, possible price stalling opportunity for day or two

MehisTambu

Bullish reversal signal rejecting support and 21 EMA Price up a bit from 50% pin bar retracement, a chance to join at the break of the pin bar nose , target @ 1.09700

MehisTambu

Due to reversal signal at resistance I would take it short in the near term and see what forms: cup and handle or double bottom.

MehisTambu

Time to start seeking for long on GU, but it might take some time due to recent bearish momentum.

MehisTambu

Price at key support level formed a huge pin bar/ fakey

MehisTambu

Price will currently probably stay steady for few days

MehisTambu

All on chart

MehisTambu

Probably the only thing to do now is to enter at the break of todays low to a ride down to key level and then probably start looking for long PA setup

MehisTambu

Price action signal bullish pin bar formed on support level, but the only thing that is the recent bullish momentum, but anyways the price shall stay steady for few days after that momentum