Currently waiting for price to move all the way down to the 1.30 psychological level, im predicting possible reversals from there, i have more than three confluences in place 1. the break and retest of the trend line 2. the ascending channel 3. the 1.30 key level be weary of the OPEC meeting and Lane's speech later today, after the London open, im just waiting...
Ill be looking for my entries on the h4 and 30min time charts
Possible head and shoulder pattern price is likely to melt all the way down to the 1.56273 price region
possible sell position on this pair I'm looking for three clear confirmations before i take the trade 1. a clear break and retest of that failing support level 2. a clear moving average cross over 3. clear rejections at the key zone once the break and retest takes effect
STEADY DOWNTREND HERE....LETS SEE IF WE CAN GET THAT PULLBACK THEN SHORT
T.P SMASHED HERE AS WELL....LETS SEE IF WE CAN GET THIS SETUP TO GO LONG AGAIN
TP SMASHED......LETS SEE IF WE CAN GET ANOTHER SELL SETUP HERE
HERE ON GOLD WE GOT THAT BREAKOUT THAT WE ANTICIPATED....LETS JUST WAIT FOR A PULLBACT THEN LONG
HERE ON THE H1 CHARTS IM LOOKING TO GET IN ON TWO TRADES.....AT TWO SIGNIFICANT KEYLEVELS.....ONE ON A 1;3 R/R RATIO AND THE OTHER ON A 1;2 R/R RATIO....ID WANT TO SEE A BREAK AND RETEST OF THE FIRST KEYLEVEL BEFORE GOING IN ON THE FIRST TRADE MORE DETAILS AND UPDATES ON THIS TRADE WILL BE IN MY PREMIUM GROUP....CONTACT ME TO MAKE ENQUIRES
LOOKING FOR THAT MIRROR EFFECT HERE AFTER THIS DOUBLE BOTTOM ON THE DAILY TIME FRAME.....LETS TAKE A LOOK AT THE H4 CHARTS TO SEE WHAT WE CAN SEE BEFORE TAKING THE TRADE
TWO SCENARIOS COULD COME INTO PLAY HER ON GOLD......WE CAN SEE PRICE IN A DESCENDING CHANNEL ON THE DAILY CHARTS....AND ITS CURRENTLY AT THE RESISTANCE TOP OF THE CHANNEL...MY MAOR CONCERN IS THE FACT THAT THERE IS AN ASCENDING CHANNEL FORMING AT THE RESISTANCE TO OF THE CHANNEL....AND GIVEN THE FACT THAT GOLD IS GOLD IT MAY RESPECT THAT ASCENDING TRIANGLE AND...
EURAUD in a solid downtrend. Waiting to see if we can get a retest of the broken support before potentially going short.
A QUICK SCALP IM LOOKING TO TAKE ONCE THE MARKET OPENS...PLS USE THIS IN CONFLUENCE WITH WHAT YOU ALREADY KNOW
AFTER TAKING A 1.5R LOSS ON THIS PAIR I HAVE TAKEN TIME TO RE-ANALYZE AND CONSIDER MY OPTIONS.....SO HERE ON THE DAILY TIMEFRAME WE CAN SEE PRICE IN A DESCENDING CHANNEL....IT HIT THE SUPPORT OF THE CHANNEL ABOUT TWO WEEKS AGO, BUT IM HERE TO JOIN IN ON ITS JOURNEY TO HIT THE RESISTANCE.....ILL JOIN IN ON THIS IMPULSIVE MOVE TO THE UPSIDE AFTER PRICE BREAKS AND...
USDCAD HERE ON THE DAILY CHART, WE COULD SEE THAT IMPULSIVE BREAKOUT AND WE CAN SEE PRICE LOOSING MOMENTUM, IM LOOKING FOR A PULL BACK TO THAT BROKEN KEYLEVEL FOR A RETEST BEFORE GOING IN SHORT, ME AND MY TEAM ARE ACTUALLY ALREADY IN A BUY TRADE TO THE KEYLEVEL BUT I WOULDNT LAY EMPHASIS ON THAT....
HERE ON THE H4 CHARTS WE CAN SEE THAT PRICE IS WITHIN THAT 0.38 FIB LEVEL AND WE CAN SEE SOME REJECTIONS....BUT LETS LOOK FOR MORE CONFIRMATIONS BEFORE TAKING THE TRADE
A GOOD TIME TO GO SHORT ON THIS PAIR....WE COULD SEE A BREAK BELOW THAT MAJOR KEYLEVEL.....AND PRICE HAS COME BACK FOR THE RETEST LETS ACTUALLY SEE WHERE PRICE IS ON THE FIB TOOL ON THE H4 CHARTS