Continuation of channel price rejected the 50 EMA yesterday Entered on break of trend line on the 4HR
breakout of wedge with pull back rejection to major resistance - Death cross of 50 EMA & 26 EMA
Continuation of larger channel and break out of wedge. Waiting for close above minor resistance (Blue line)
Possible continuation of uptrend Price has bounced slightly on the 50 EMA Lets see what the week brings before entering
Contination of downtrend Moved stop loss in profit zone
After a week of price rejecting the 50 EMA it has started to break up. Watch for a false breakout.
Looking for 2 possible outcomes with this Either we have a small pull back to the purple zone for a continuation of down-trend or a larger pull back to the upper shaded area. Either way we wait and see for the market shows its hand before deciding to enter
Trade still active. Moved stop loss in profit zone
Continuation of channel 1H break of trend line
Entered long. Bullish momentum candle right at key level of support.
Waiting for a pullback to the .618 level