forextrader_13
price has been consolidating between 2,955-2,923 very stubborn annoying price action Now that price has had a clear bearish break of structure breaking below 2,923 i am looking for a retest of that zone to go lower If price pulls back and manages to respect the 2,923 region we can look for possible sells 2,900 being TP1 then 2,880 being TP2
my previous idea was long and price did not go long from daily structure its oka to be wrong as long as you learn from it and since price broke out of a daily strong support structure, we now understand the current trend of price is bearish i am anticipating a retest of broken structure for selling opportunities
this is what i am waiting for same buy opportunity
here is a closer look at what i am looking for and waiting for price to do remember price moves from zone to zone most importantly seeing how price reacts to specific prices in order to enter and take profit at those prices An amazing trader introduced me to specific prices she is solid
My EU idea of long is similar to my GU long idea since the dollar is showing signs of weakness i will be looking for potential longs on EU Price broke a strong area of structure of around 1.04382 price is currently retesting that price area to be safer if price breaks 1.04500 price can head towards 1.05140
dxy has been bearish price broke out of a strong area of support around the 107.480 region we could anticipate a retest of 107.480 to go lower or if price decides to respect current price of 107.070 which is aligned with H4 structure looking left, we could see her falling from that specific price
previously as I stated on my last short idea for GU this is a closer look in what I am looking for once price breaks below 1.25800 I will wait for a retest to go lower price also left an imbalance around 1.25100 many buy orders around that region I believe will eventually get filled in and would be in confluence with the strong structure it broke on the H4
with the dxy currently bearish GU has been pushing higher price broke a strong area of structure that acted as resistance we can now expect price to pullback and retest that structure as support to go higher
With the yen index currently bearish i see UJ setting up for a big, massive, long opportunity UJ overall trend is bullish on the weekly and price is currently pushing from a weekly strong area of structure if price can break these minor areas of structure, we can then look for a retest to go long and targeting the other structure areas I highlighted
i do see potential longs setting up for the GJ if price can break 191.489 which is a H4 structure we can wait for a retest to test as support and head towards 191.800 if price fails to break resistance then we could see price heading towards 190.900
So price has been trading within this range for a while now price has been respecting daily strong structure bouncing back and forth all we have to do is wait for a break and retest to either the upside for a potential move higher into daily structure now if price respects resistance where price is currently sitting at she can possibly head downwards back into support
EURUSD found resistance from a previous daily resistance structure level all past week she has been in a bearish trend creating LH and LL Price has now broke a minor support level which has me anticipating a pullback into that region to retest and possibly go lower
UJ was in a bearish trend all past week Price finally found some support and starting making HH and HL price broke a minor area of structure 145.415 which is also respecting resistance of around 146.320 i am anticipating a pullback into resistance it broke, to then retest it as support creating a HL to go higher
All past week GOLD has been consolidating around its new ATH Friday we saw price make another push to the downside and this time breaking an area of structure of 2509.09 which was an area used as support and resistance finding support at specific #2497.46 and started pulling back Now all i am waiting for is a retest of 2509.09 and or 2513.34 to go lower targeting...
very simple price is respecting support structure looking left we had a big massive move to the upside if price can hold we could possibly see another bullish move 30-80 pips
GJ finally found resistance earlier this morning and a huge sell off... Price broke support im waiting for a retest to create a LH to continue to the downside retesting daily resistance it broke earlier in the week
ucad had a big bearish move to the downside following usd news price printed a big bearish candle breaking structure... Price is currently respecting structure of 1.34659 if price can stay bullish we could possibly see price fill that imbalance as well as retesting structure of 1.35443 region
very simple price broke all time highs on the H4 breaking areas of structure along the way... we are definitely seeing a retest to go higher and i have marked down 2 areas to look out for