I'll be looking for price to pullback around the 61.8%-78.6% retracement for a short opportunity. RSI must be overbought. Stops above recent structure high and targets at a retest of structure lows.
Price seems to have pulled back again after a smaller move up and there may be room for another move up to retest the most previous high. RSI is overbought and the 78.6% retracement lines up with a minor level of structure. Wait for a valid entry reason to enter.
After a nice move upwards, price could just be pulling back before another move up towards a good structure level around .72000. We also have a 61.8% Fib retracement that lines up with structure. I'll be looking for a double top at this level with RSI divergence.
The market has pulled back after the Gartley pattern completed and we may get one more chance to go long. I'll be looking for price to hit around the 78.6% retracement and a valid entry reason to buy, with targets at a retest of structure. The most previous high is at a significant level of structure so if price does retest the highs I'll be expecting a reversal...
Because price has broken below the previous support, I'm waiting for the current pullback to reach up a little more around the 61.8% level. I'll enter with overbought conditions on the RSI. Stops go above structure highs and take profit to retest structure lows.
Market has broken through resistance from consolidation and seems to be heading up. I'll be looking for price to head towards the 111.000 level and then a pullback to our most recent level of structure which also happens to be the 61.8% IF we do see a move to 111.000. I'll be looking to enter on the pullback with RSI reading oversold and take profit at the retest...
Market has broken and closed below the most recent support level after a double top at the 1.14300 level. I'll be looking for a pullback where support becomes resistance and short for a retest of the lows with overbought conditions.
Although we had a strong bearish rally last month, we are still technically in a bullish trend if you look at the Daily and Weekly timeframe. This move down seems to just be a pullback. There's a potential head and shoulders pattern near completion. I'll be waiting for a breakout and then a buying opportunity at a retest of structure.
After a big bear move, the markets are consolidating in the form of a descending triangle. I'll be looking for a breakout and then a retest of structure for a short opportunity. In the future, we may also get a possible head and shoulders since we are approaching a significant level of structure
After our big move down last week, price is coming back up to retest structure. RSI is approaching overbought. Stops above structure and targets near structure lows.
After our huge spike down at the start of the year, price seems to be correcting itself and is currently in an ascending channel. We also have an ascending triangle. Price is heading towards our green line right at the 111.000 level. RSI is approaching overbought on the Daily timeframe. This is looking like a retest of structure before price moves down lower. I'll...
Looking on the 4 hour timeframe, we can see that this pair has been ranging for a bit now. On the hourly timeframe, we see price action has retraced back to our most recent resistance area , which is also a 61.8% retracement . If we get a move lower, I expect price to reach around the 0.94500 area. There is also a potential Gartley that may be something to look...
Bulls have made a nice move up from our initial downtrend this week. Price has broken through our most previous resistance with a strong bullish candle. RSI is overbought so I'm expecting a relief as a retest of structure. If we close above the .71600 level on the Daily timeframe, this will provide another confirmation of a potential move upwards. I will be paying...
