NickWhitley

NickWhitley

Wirly Dirly trade, opened a bit late. Looking for zone 2 duh

NickWhitley

3.81 sl/tp ratio risk 2% Trading the Wirly Dirly reversal pattern.

NickWhitley

1.4 sl/tp ratio risk 2% entered below confirmation candle

NickWhitley Updated 

The position of price relative to the trend line(which I don't use often), 200-MA, and Fib level really makes me think we'll see some downward movement. Good sell opportunity.

NickWhitley

The blue line shows support that price hasn't traded below in over a decade. We can expect a struggle between the bulls and bears due to this. I want to see the most recent high break so we can get more confirmation of bulls strengthening and a possible bullish trend.

NickWhitley

Current price is at a level that I'm looking for consolidation to occur or a reversal. We have a loss of momentum after a strong bearish move. If we see lows continue to break than we could see a continuation of the bearish trend but I see consolidation happening first. This will show us bears are weakening and bulls may step in.

NickWhitley

Last week price closed at a minor resistance level and with a weak 3-bar reversal pattern. I believe there could be a drawdown coming this week but it's hard to say how strong so it does interest me to enter any short positions. I would wait for a drawdown to occur and then look for long opportunities.

NickWhitley

Price has been creating higher lows before last week when a low was broken. However, this break was brief as price quickly returned to the highs. I would expect the highs to continue to be broken creating trade opportunities as we move up.

NickWhitley

UCHF is a choppy pair most of the time so it's hard to see a clear direction at times. Our biggest clue is the parity level. This pair really pays attention to parity and we can often use that to our advantage. We also have a support level created by the current consolidation phase. I will be looking for either parity or the support to be broken for potential...

NickWhitley

It seems like price is running out of steam. Unless we see a high momentum break of the most recent high created I would expect the low to soon be broken and a continued move downward.

NickWhitley

Price has created a bull flag and is due for a break. It's unclear either this will be a manipulated flag or not and if it will be a bearish or bullish break. We can look for opportunities in either direction.

NickWhitley

We recently saw price break support and now can see it moving back up to that support. Once price is tested that level we can look for possible short entries. I want to see price break the resistance created by the double top before looking for buys.

NickWhitley

The two blue lines mark my interest points. I want to see price break these levels before I make an trades. Either a bullish retest of the upper blue line or bearish retest of the lower blue line.

NickWhitley

I think price will stall here for a bit before continuing up or breaking down. We just started trading above a strong level so we can see some potential entries in the near future. I'm more long than short but I see it going either way from here.

NickWhitley

I would like to see price pull back up to the broken support level for a short opportunity. My target will be around the low created in October.

NickWhitley

Looks like price is having a hard time breaking about the 108.930 level. If this level breaks we can look for possible long entries.

NickWhitley

Price is currently in an uptrend and until a low is broken with a strong move and retested we can continue to see price move up. Possible entries on pullbacks.

NickWhitley

Price is continuing to move down to our target we can expect some consolidation this week as we near support.