So the 30m chart has formed a valid bearish CURCT price structure (white lines) which is opposite of my long position (yellow lines). I am taking half of my position off the table and setting my stop to BE on the other half. Conflicting price structures make it difficult to determine if you are on the right side of the trade. Especially when the higher time...
I am watching this sequence of AB=CD patterns on the weekly chart. I missed the long entry on this pair and I am hoping to get a second chance to enter and catch the CD leg on the final AB=CD pattern.
Trading the AUDUSD 1H bullish RCT price structure anticipating two possible target areas. If this bullish price structure holds I will be watching two upside target levels for a bearish reversal signal to form before I close the position. If price blows through these levels I hold until I get a valid bearish price structure to tell me when to close my long position.
Waiting for this large bearish CURCT price structure to confirm with a LCT candle in the 4700 area to enter a short position.
The possible AB=CD pattern (white) is telling us where a bearish trade would likely set up. The blue AB=CD is indicating a large move to the downside. I am watching this pair this week for a valid bearish price structure to form.
Another bullish CURCT price structure here on the AMC 4H chart. I would wait for a HCT candle on this one before considering a long position.
Waiting for a HCT candle to enter long on this bullish RCT price structure.
I am watching this bullish CURCT price structure on the 1H. I'm waiting for a HCT to enter a long position.
I am watching this CURCT bearish price structure on the 1H. I am waiting for the price structure to trigger with a LCT candle before a short position is taken.
I am trading into the weekly H&S pattern. I'm anticipating a move up into the 57,000 area where I will be watching a very large bearish CURCT price structure to confirm with a LCT.
Waiting for a LCT candle to take a short position on this daily bearish RCT price structure.
I closed my short positions and have entered long on this 1H Bullish CURCT price structure.
Moving stops to BE with the inverted head and shoulder pattern threatening my short positions.
Trying to catch an add on position again right here.
Second Chance to enter with this 5m bearish RCT price structure. Super tight stop is worth the risk on this. The bullish RCT is conflicting so I believe it will fail and the 15m & 5m bearish RCT price structures should hold.
The 15m bearish RCT add-on position downside target level is not as low as the 4H downside target level because price could easily correct back up to the entry level before finding its way down to the 4H target level.
15m bearish RCT price structure in play. Moving stop to BE when price closes below 1.2665.
Double head and shoulder pattern suggests we will have another chance to catch the downside move. Possible 4H Bearish RCT price structure says the same.