


SHAQZ
very interested in this pair we had a impulse to the upside then a sort of correction now it looks like price is building up to make the next impulse to test the highs will look for either a break and retest or a break and close above resistance
after a long wait price has broken the trend not exactly where i expected but close to the zone will look for a pullback or a correction to get in with a short
Price failed to bounce off the broken trend and is now back within in i am looking to short
Price broke to the downside of the predetermined level i have not opened any trade on the pair since monday it has been failing to show bullish signs which i was looking for now it broke to the downside and retesting the area and the broken wedge .....i will wait for bearish engulfing at the retest zone to go short
my original thoughts on this pair was that price would simply rise up and retest but after a awhile it seems buyers were not willing to buy at those initial levels which leaves me to look to areas of demand to the left where buyers where willing to hop on so i will wait until price reaches the highlighted level , look for bullish signs and enter
very interesting pair because even though price did break out of the bigger downtrend it did not have strong signs of a retest rather it just corrected on the trendline and continued making a small channel so since price is still respecting that channel on the h1 Tf i will be looking for buying opportunities until it breaks the channel what i will be looking for...
Price on the daily chart is currently in a uptrend if we drop down to a smaller Tf we can see the 2nd higher low has been formed i will wait until price break and close above this level to go long good RR Set here
as we can see price is coming closer to the pre determined level will wait and watch how it reacts to this level to take a short
i am seeing a possible H+S We need a break of the neckline and retest to go short
we can see here price broke out of major uptrend we need 3 things to happen , we need to retest the trendline or give a a continuation pattern if it decides to shoot down and we need to use a higher tf such as daily or h4 for the retest as this is a major uptrend break, smaller Timeframes will be difficult to judge weather the retest is valid ie: candlestick strenght ect
we see price approaching the trendline in a corrective manner as two previous times if you hop on the 15m we see price also formed a channel to which its approaching the trendline resistance i have placed sell stops under previous support to catch the down movement if and when it occurs
so i saw GJ spike down so i switched to EurGbp saw price break out of wedge so i hopped on a long
after price bounced off the trendline i thought it would sky rocket up but as i see it approaching this level from where it shot down its approaching it in form of a correction so i will set sellstops under previous level to catch the impulse if it presents itself
i have taken a short position on gold due to a retest of the broken trendline
i am still very bearish on this pair stops just above structure risk reward ratio in check
waiting patiently for this setup to present itself on the bigger Tf this is the retest of the broken trendline .on the smaller tf we are seeing price approach the level very weak which is a good omen for us as it shows that buyers are hesitant in pushing the price up very possible that once price reaches the level sellers wont hesitate to bring it right back down
Price did not give us bearish signs as it approached the decending trendline rather it broke out will place afew buy stops above level highlighted in purple to grab pips till the next previous resistance
seeing a head and shoulders forming waiting for break of the neckline