I'm looking for price to make a corrective move into the zone of structure and then show signs of either a break above that level or a continuation of the current downtrend. I have a definite short-term bullish bias and have no long-term bias. I will wait for price to enter the zone of structure to get a better long-term idea. If it does break above the zone,...
Slightly Bullish bias but could still go down. Lowest price since may 2017. After a very strong impulse move to start, the recent downtrend has seen weaker impulsive waves and stronger corrective waves. Price created two higher highs and then broke down below the lows, creating an over-extended low. I'm looking for price to break above the nearest resistance...
Price recently re-entered a channel and is currently testing the top of that channel. Due to previous price action I think price will move to the downside. I'm looking to sell if the current daily candle closes with either bearish momentum or indecision. My one and only target will be the very bottom of this channel.
Bought on a retest of the bull flag break.
I've been waiting for price to get up my zone for quite some time now for a potential sell. It reached the zone last week and had a short position close at a loss. Now that I'm seeing some exhaustion at current price level I'm entering with 2% risk.
Waiting for price to go down, break below zone and potentially retest. Will open a short position for a move down to the structure low on April 10.
Opened short due to exhaustion at my zone of resistance. Targeting latest support made.
I've been waiting for price to break out of a symmetrical for a couple weeks now. There was a breakout out last week with an immediate re-entry due to the news releases at the time. There's also some strong resistance that price seems to respect just above the triangle. Price has just broken out again but to the downside. I waited for a re-test and to see some...
I've been looking for price to make a move down to that trendline. Right now its a previous level of multiple resistance. Not taking this trade because of possible upside still very likely.
Pretty straight forward.... obviously....
Just opened a buy position due to the strong exhaustion price is forming on the support. My stop loss is Approx. 30 pips away for a max 2% loss.
Price has come to a point where an ascending trend line has met a fairly strong level of resistance. I would be looking for either a test and bounce back up from the trendline or a break to the bottom and retest of the trendline for a position. Will have to wait for price to reach my "BUY/SELL ZONE".
Potential short term downside movement, price has some strong resistance just above it with some yearly highs. A shooting star has formed on the first daily candle of the week signalling some bearish movement. I'm looking for price to get down to that recent low which has plenty of tests to the left.
I see some short term upside on this pair given the value zone it recently left and showed no strong move to the downside. I would expect some bullish movement up to or just past the Blue horizontal line or descending trend line and then more bearish movement long-term for the coming weeks. This week is currently looking bullish to me.
Still thinking about opening a position but may just sit on my hands. Price is showing slight exhaustion near my descending trend line, price has more supply based on the position in the upper value zone. If price drops nelow that horizontal line, that will be even more bearish confirmation and a good place for a SL to be at moved to break even.
Opened position due to exhaustion candle on 4H right at the bottom of my sell zone! Risking 2%
Price is currently in a level of demand with a lot of upside confluence (yearly lows, recent support, multi-tested level, descending triangle, in demand zone). Expecting break of trend line and control price in zone, and move up to targets.
Just shorted due to exhaustion near resistance zone. Looking for move down to at least the bottom of the next support zone.