1. Uptrend 2. Trend line and minor resistance broken 3. Pullback or retest of previous resistance and turning support will be confirmation for entry Meanwhile we wait on confirmation
1. Trend: Uptrend 2. Trend line break seen on H4 and H1 3. Strong bullish pressure on the daily 4. Retest of the trend line which is also a 61.8 fib level will be a confirmation Meanwhile we wait on the confirmation.......
1. Trend: Downtrend 2. Bearish Trend line continuation 3. Created a lower high on H1 after it's recent uptrend 4. Rejection of the 61.8 fib level which was also a resistance 4. Break and retest of the support area and trend line would be confirmation for a massive fall ....... We therefore wait on it Share your comments and ideas towards this!
Ideas to confirm my next approach 1. Trend: Downtrend 2. Bearish trendline seen. A breakout will be a signal for buys which will be indicated in the next H1 close but if it holds will signify trading with the trend 3. The lower timeframes such as M15 are indicating or showing rejection candles at the area of interest which is the trendline 4. Meanwhile we wait on...
Uptrend in 4h chart No previous lower low created in 1h Major Support held in 1h Next candle close on H1 will signify confirmation Double bottom about to be created on H1 close
1. Higher highs and higher lows created - Uptrend indicated 2. Break of structure seen and waiting on retest where resistance becomes support 3. Awaiting retest of the 61.8 Fib level This is my idea and appropriate risk management is supposed to be absolutely adhered to as the market has a mind of it's own but I think if these confirmations come about...... we're...
Confluence: It's an uptrend, resistance turned support, rejection of the 61.8 Fib level and waiting on H1 close for bullish engulfing
Inverse H&S formation. Waiting for break of trendline and retest for confirmation
Possible break and retest of the support level will be a confirmation for a potential short down
Valid uptrend seen with a hold on the trendline on the previous low. A potential rising wedge but not certain. Markets will soon be open. Drop your comments
Resistance held for the past two points. H4 close will be confirmation for a sell
Trend line and minor resistance supported. Waiting for a bearish confirmation for a sell
Breakout of structure and possible retest at support turned resistance so a buy and then a potential short position after