Rejection at previous structure level. Looking to get long if price breaks previous high.
Recovery in the United States is in full swing + fed will not cut rates anytime soon. Major indices will continue to soar.
Currently at strong resistance zone on weekly timeframe. Watching daily/4hour price action for reversal setup
Divergence + Bearish Engulfing Candle at Strong Daily Zone TP1 @ 1.5850 TP2 @ 1.5900
Simple bounce or break of this level. Monitoring price action on lower time frames . Short on divergence + strong reversal price action pattern; Long on break and re-test
Long term view is still bullish, so looking to buy big dips at key zones. Short term, if NFP beats expectations, I expect price to spike higher before coming down, but either way a nice short term pullback is imminent imho. As I have highlighted, price is divergent already on 4h, so watching 15 min for entries with target at 30800.
Potential play for upcoming Asian session. Selling on divergence + strong price reversal pattern in highlighted zone. Initial target 140.00
Nice continuation move. First target 1.2350. Looking for buys to at least 1.2500
Strong weekly support zone + bullish divergence on 4h. tp1 @ 1.5900 tp2 @ 1.5950 tp3 @ 1.6000
The sharp sell off in the Dow today presents what I think will be a great opportunity to buy into the next short term rally. Looking at the 4h, price is approaching a level that has been tested multiple times. Watching for big wicks around this area for possible short term buys on lower time frames. As always just being patient and seeing what price action will...
The US dollar has been absolutely beat down as of late and now approaching the key level 88.00 as can be seen from the monthly chart, as well as divergence starting to show on D1. Watching D1 and 4H to see what price action reveals from here.
bias short, waiting to see if momentum shifts back to the downside.
market currently testing zone that has been strong support and resistance in previous price action and moving lower inside a nice descending channel. looking for short opportunities after macd shows momentum shifting back to the downside.
Momentum starting to shift to the downside, expecting short opportunity targeting previous structure level.
short after pullback to previous low or trendline resistance.