


URIFX
I am looking for a long setup when price break the High of long led bar. The price should be go up within 2 pink lines
Status: Price is @ the intersection of 2 Median Lines: 1/ Up Median Line: Up signal is weak because price cannot reach the Median Line. 2/ Down Median Line: Forming by creating a peak @50% Upper Line. Entry: Looking for Long if price jump up by a long bar or create a long leg bar Looking for Short if price create a big move @ down median line. :)
Short will be triggered if 1/ Price was rejected @ Median Line (1) by price action. 2/ RSI break @(2) 3/ MACD 12 Overbought
At least 3 Resistance reasons to sell. All noted on chart!
Notes: (1): Bear Median Line (2): Bull Median Line (3): Decision zone.where I don't know price will test which Median Line. Trade conditions: *** Long: If price break the Red ML, price will test the transaction of Blue ML and 61.8% Fibo level. *** Short: If price fail to break Red ML, price will go down up to Lower RL at 138% Fibo level.
Notes: (1): Bear Median Line (2): Bull Median Line (3): Decision zone.where I don't know price will test which Median Line. Trade conditions: *** Long: If price break the Red ML, price will test the transaction of Blue ML and 61.8% Fibo level. *** Short: If price fail to break Red ML, price will go down up to Lower RL at 138% Fibo level.
Signal Notes: (1) => Price jumped over the bear ML (red line). I like this! This confirmed a valid ML. (2) => Price failed to bull over the bull ML (blue line). (3) => If bear ML was valid, the price should test the ML at (3). Support Indicators: RSI14: Divergence. Stoch14: Over buy. P/S: This chart was inspired from chart of Timing is key @
After a strong bull from lower PL @(1), the price pull back below the ML @(2), then correct @(3). All of these seem to form a H&S pattern. Supported indicators: 1/ Price close under EMA 200 2/ RSI makes a lower high. I refer to go short to 1.51000 Welome any comment! :)
My observation said that there were 2 Corrections in the journey of price from ML to RL1. Price passed RL1 and maybe form 3rd correction @ the same distance as 1st correction. This is my first trade for this pattern. Carefully with small stop! Thanks
Major trend (Blue Fichfork): Bull but not reach ML, the price is going to bear. Current trend (Red Fichfork): Bear & forms triagle near by the Reaction Line 1. Price broke this line a little pips. Current Wave (Pink Channel): Seem to be end of bull wave, the price break the channel. Entry: GO SHORT Target 1: 117,427 Target 2: 115,714
As the previous chart with a little bit differences: Make-up layout Add a CIRCLE move Add top and bottom count
Follow previous Median Line Analysis, the price is correcting @ML. Price will crawl on ML and drop down to next target
(1) Weekly Trend: Bull & form Week Triangle. (2) Daily Trend: Lightly Bear to reach the transection btw D1 Median Line and Low Trendline of Week Triangle. (3) SME200: Price bounced again and again around SME200 which is lightly bull. (4) Price touch the short-term trendline within Week Triangle. My Forecast: Price will bounce up @ short-term trend line (3,4). If...
Long Conditions: 1/ Price cannot reach the Median Line and reverted to opposite direction 2/ Price break the Trigger Line Target: 1/ Next Reaction Line of H4 2/ Next Reaction Line of W1 URI
Following the rejection of down trend @ML, the price is forming triangle pattern in M30. Break this pattern, price will jump up to 1.079xx! URIFX
Trend: Strong down Correction: H1 and meet strong rejection with wide range. If the price closes current bar under ML, we will go short! Wait and see!
The main trend: Bearrrrr. So clear. Elliot Count: May be ending a big trend in D1 Trend Line: Test again an again with HH and HL. Trade Setup: Long: if the price break the trend line (red) and close above (at least 50% of candle) Short: if the price fails to break the trend line (red) ==> form a long shadow of candle stick + close below. Wait and see....