Price touched the sell zone, let's see if price will enter it. High probability sell trade in the redbox.
Waiting for price to come back to the red box and then waiting for a confirmation to sell. Only interested in selling, even if price burst through the red box.
Waiting for a retest of the 2nd 'triggerline' for entry. Still a short term sell. As we all know the market moves in waves, but i'd like to call them stages that needs to be conquered..
Looks like a GAP of April 2017 going to be filled. If so, look for reversal patterns to the upside!
See if price reach sell zone (there's a gap to be filled) And the future targets are levels that were broken but not retested, but always wait for confirmation.
Here another approach, divergence.
A break and retest of the triggerline or trendline is sell signal. (conservative)
This is an expiremental strategy i'd like to share, based on hidden Fibonacci levels.Further, it's just the ABCD movements in the market and you'll always need to find the 'C', either for entry or continuation point.
Price will probably test the previous high, but from where...?
I'm waiting for price to retest the redbox area and then sell to the green levels.
Price is at a 50% retracement level of a large fibonacci downswing. Potential head-and-shoulder pattern forming?
Waiting for a break and Dailycandle close below 143.73 and a bounce @ 143.338 to SELL @ highprice.