crestcapital1

crestcapital1

SHORT SETUP

crestcapital1

Potential buy setup

crestcapital1

LONG - BOUNCE OFF FROM MINOR SUPPORT AND COUNTER TRENDLINE

crestcapital1

WATCH PRICE ACTION ON LOWER TIME FRAME FOR A POSSIBLE LONG POSITION

crestcapital1

BUY ON BOUNCE OFF SUPPORT AND BREAK AND RETEST OF COUNTER TREND LINE

crestcapital1

WILL LOOK TO BUY FROM LOWER TF ON PRICE REACHING SUPPORT LEVEL CONFLUENCE WITH DAILY TL

crestcapital1

BUY ON BOUNCE OFF SUPPORT

crestcapital1

Price currently rejected by down TL and daily resistance level, the daily bearish pin bar forming on resistance confirms the short position.

crestcapital1

Simply wait for a retest of DTL or a break retest and continuation of resistance.

crestcapital1

Price is been rejected off weekly downtrend line which it has tested three times and also broken off daily up trend line. Expecting price to break below intra-day support level down to 0.66500 level

crestcapital1

Price is currently rejected from the daily resistance level, and also current forming a large pin bar from my 4hr resistance zone. Expecting price to drop to the 1.127 level.