Waiting for a Break above and close before previous candle stick or/& an exhuastion around the 38% or 61.8% before entering for a more optimal Risk-Reward.
I strongly believe Bitcoin will be running with the Bulls until 2020, may even be a more positive year in my opinion with majority of rising investors wanting to start the year off with Bitcoin. Using Historical Data for all orders
Buy Stop a little above the ideal Buy Stop Orders incase price action chooses to activate those orders and then drop, meaning hitting all Long Stop Losses. Falling Wedge Breakout RR is Optimal.
Waiting for Breakout of Head and Shoulder Pattern and/or Fib Retracement/Exhaustion.
With price showing Seller Sensitivity, it gives a great opportunity to continue this bearish trend with proper Risk-Reward.
Would like to see a Double Bottom form before entering Long, Double Bottoms are a great sign of reversals especially at a major level of support (Channel Support)
Waiting for signs of Exhaustion to Fib potential Entrances to Short the EURO.
Waiting for Completion of Exhaustion at one of our key retracement zones before Shorting.
An aggressive entry would be to enter at opening of market but i'd rather wait for a clear 4hr close before entering this set up assuring us that price will continue lower.
I'm not making any moves in the market until the conditions our met. I am looking for a great risk-reward trade in GBPUSD to carry out to the end of the month if can. Very simple but effective information on the chart, speculating price levels where Price Action has momentum and reason to drop.
Last week finally closed out with a breakout of Price is Major Uptrend Channel. Will be waiting for an exhaustion after price plummets bearish, Fibonacci retracement and Extension will be key in this trading idea with the 38% lining up with our retest of breakout trendline and showing a major continuation in bearish trend.
Waiting for a proper exhaustion of price action after an engulfing reversal.
Double Top confirmation at our Channel Resistance, Short Set up in play. Active.
Too late to ride the bullish trend any higher and gamble a trade. I'm more interested in Price Action around our Banks anticipated entrance zone. Risk-Reward is Optimal w a Target between 75-95pips with a 25pip SL
After price broke out of its trend, price formed a Double Top for a Short Term 25-30 pips Correction to our Area of Significance where depending on price action, we may hold a pending order of a Buy Limit.
Waiting for 4hr Rising Wedge Breakout and/or wait for Rising Wedge breakout AND Ascending Trend line support
Will be Shorting USOIL after the completion of a Double Top at the 61.8%
This pair tends to make double bottoms every swing low before continuing, so far price hasn't achieved one at Support which was our heavy Resistance before hand. An engulfing candle/ Bullish momentum would be a great indication that Buyers are in fact entering this area.