NZD showing strength and rejecting key level, place stop above level for deeper retest and enter below candle.
Price breaking out of level and now rejecting, simple setup.
Exiting with small loss on last trade, new double top formation provides safer and stronger entry. Price has broken out of range and now rejecting.
Seeing strong rejection of previously held level after break and retest. Trade at own risk... This is not a signal, just for educational purposes.
Price broken out of range and now rejecting on the retest at the key level.
Nice break and retest of structure, seeing a good rejection with wicks and engulfing candles.
Like I highlighted in yesterdays plan on YT, price is rejecting structural key level and we are looking to enter below this candle. Please trade at own risk, just for education.
The double top and trend break off the structure, shows signs of bearish movement. Enter below engulfing candle
Nice Last Kiss setup, in desperate need of a win. Price settles and consolidates, then breaks out and retests, with signs of rejection.
Nice break and retest after price fails to break below key level for a long period of time. Price has broken the trend and has now broken, retested and rejected the previous structure levels.
Seeing 4H retest the structure level and a 1H wedge formed with a break and retest. Price seems to be bullish.
Down trend bias still in place after price broken previous structure levels. 4H timeframe is also providing reason for rejection with wicks and a 1H engulfing candle, let's hope we continue down.
Double top and a break of trend. Price seems top be rejecting the previous HL structures formed after breaking it.
Price has broken the trend with a double bottom and now retested and rejected the previous structure.
Price is Trending up, and the bias is still bullish. If price breaks above structure, buys continue, if price breaks the trend line and the previous higher low structure, we can expect a reversal trend to start off the double top. * Break and retest with rejection confluence (wicks and engulfing candles) required off both structures. Similar opportunities on: -...
Nice bear flag on the EURUSD. The 4H is showing multiple wick rejections of the key level above. This way we have 4H bearish structure and 1H bearish behaviour.
Simple falling wedge on the retest of key level. 4H showing signs of rejections after break of level + confluence of 1H wedge break and retest. NZD seems to be weak across all pairs today.
We see price initially failing to break above the previous highs of structure in a trending market. The sentiment is still bullish in this case, however, when price breaks the trend line, then breaks the previous structures (previous HL), the market sentiment changes bearish. The retest and rejection of the level are nice confluence for high probability setup.