Price Action Analysis. Measuring Flag pole to calculate potential TP.
Price Action Analysis. (Structure, Channel, & Fibonacci Retracement)
Price Action Analysis showing a short trade is available, let the short trade set up before entering, target the D Leg of the Gartley Pattern because there's chance price may retrace at that price level. Do not enter bullish for the pattern if Price doesn't show loss in momentum.
PRICE TESTING A HIGH RESISTANCE LEVEL AND RETRACEMENT %
Golden Retracement & Double Top, Reversal Ready.
Price Action, Red Line would be an ideal Sell Stop Opportunity if price chooses to continue to drop lower in structure.
Price is consolidating heavy for the past week(s), waiting on that break above resistance if you drop into lower time frames for entry.
Sellers are being shown in 1hr/4hr time frames. I'd like for price to react itself the same way it did last time time price tried breaking above this resistance. With Oil prices being shot up that tells me that the Canadian will rise, Aussie will fall.
RISK TO REWARD IS OPTIMAL FOR THIS HIGH POTENTIAL DESCENDING TRENDLINE BREAKOUT.
Short Idea, using technical analysis.
Finally received the alert for the channel breakout, weekly time frame is showing us a buyers market so we have W/D/4HR Confluence to find a long shot at this breakout. An aggressive entry would be now or to wait after price reacts to its resistance before thinking about entering.
The France came through breaking out strong, i'm interested in waiting and see what kind of pullback can come out of this before entering long
I'm looking for an exhaustion and continuation of this breakout to the upside
The Canadian Swiss always tends to repeat its past movements at tested levels of structure. My idea involves price repeating those same plays as long as we have optimal risk to reward ratio.
The Aussie is showing us interest in a Long Move with it breaking above and retesting a highly respected price level.
Patiently waiting for a nice 1,2,3 set up for the Aussie, I believe we found ourselves in a buyers market as long as we get price to break its previous swap level.
Waiting for a clear confirmation to continue long, i'm not interested in 23% retracements. I'm patient enough to wait for price to react at the opening and showing me relief of price shooting up for a valid reason to enter this market.