I am anticipating a third touch on the trendline or a bounce off the psychological level for a short trade. I will just keep my eyes on the price action around those two region on 15min TF. Happy trading!
Price is in an ovverall uptrend, we are currently on a pull back. price has broken structure down. I am looking to sell right on that 78.6% fib.
Usdjpy is clearly bullish on the higher monthly timeframe, it broke out of a support looking at the weekly and now I'm expecting a retracement to a key Fibonacci level, within that anticipated key level, I have seen a liquidity zone to be taken out, so I want to do a short sell once I see lower low movement which has already occurred, now waiting for a RETEST to...
From the monthly, Gold is bearish, there is a resistance above and a strong support below, I needed to wait for a breakout to bearish direction to make a decision. But right now it's looking like price might want to take out the liquidity above before going to the downside which gives opportunity for a short BUY. But my Bias is bearish, so for now Gold is not...
Usdjpy is clearly bullish on the higher monthly timeframe, it broke out of a support looking at the weekly and now I'm expecting a retracement to a key Fibonacci level, within that anticipated key level, I have seen a liquidity zone to be taken out, so I want to do a short sell once I see lower low movement then TP at the liquidity zone. Then I will now begin to...
I'm waiting for a breakout of the channel before taking a trade. What do you think?
reached a previous low, looking at shorting. my bias is bearish
expecting a third touch on the trend line then take a buy