gibbsys
Trend: Bullish (ranging on 1hr) Structure: Head and Shoulders with Bearish Divergence on the MACD wedge play also possible Plan: We identify a head and shoulders pattern on the 4hr timeframe, however this could also be seen as a wedge. However taking the head and shoulders we have extra confirmation by bearish divergence on the MACD ideally we would wait...
Trend: Bullish Structure: Support and resistance Plan: Price is currently trading within the expected support zone. We look for price to show a break and continue to previous highs
Trend: Bullish Structure: Support and resistance Plan: We've seen price pull back and retest support. We now expect price to rise to previous high, please get entry on pullback to avoid a bad Risk to Reward ratio
Trend: Bearish, price under moving average Structure: Pullback Plan: Test support and resistance level then short to previous low, await MACD confirmation
Trend: Bearish Structure: Parallel channel Plan: we look for price to respect upper trend and continue its bearish move towards previous low, represented here by the lower green line.
Trend: bearish Structure: Breakout/ support & resistance trade Plan: We look for price to rebound of previous low (support level) or confirm the breakout of trend then move down to prior lows. looking at the chart currently it is looking like price will bounce off support and moving average and continue to move down now.
Trend: Bullish Structure: Rising triangle / Trend analysis Plan: we look for price to respect lower trend line before moving up to previous high. We also await macd confirmation before taking a long
Trend: Bullish/ Ranging Structure: Support and resistance plan: We look for price to bounce off of previous low / support level and move back to previous highs (upper green line) We need price to confirm the respect of support as it could quite easily break out to the downside. Will update trade once/if it confirms.
Trend: Bearish, shown by moving average Structure: Parallel channel (descending) Plan: we look for price to pull back slightly before continuing to fall inside the parallel channel, TP set at previous low
Trend: Bullish Structure: Support and resistance Plan: we look for USDJPY to break out of the points of multiple resistance, then we look for a retest and continuation of bullish trend, we are not interested in taking a short in a pair which has been bullish for some time
Trend: Bullish Structure: Flag patter/ Support and Resistance. Plan: We look for price to rebound lower support and continue its bullish nature towards upper resistance. We already have moving average and MACD confirmation.
Trend: Bearish (represented by the moving average) Structure: Support and Resistance Trend analysis Plan: we expect price to respect the upper trend line or the upper resistance, then enter a short with MACD confirmation down to lower support
Trend: Bearish Structure: Flag/Support and Resistance Plan: We expect price to test upper resistance line then move back down towards previous low, We have Moving Average confirmation on the 4hr Chart and we await MACD confirmation on a lower time frame closer to trend line before entry.
Structure: Wedge Trend: Ranging Plan: We look for price to respect the upper wedge trend line and move towards the lower trend. MACD confirmation required before entry.
Trend: Bearish Structure: Support and resistance (4hr) Volume profile (1hr) Plan: We look for price to continue its pull back until resistance levels (black line), then move down to previous lows.
Trend: Bullish Structure: Support and Resistance Plan: We expect price to either price off current resistance level and move higher towards previous higher or fall slightly to R2 then move higher.
Trend: Bearish Structure: Support and Resistance Flag Pattern Plan: We expect price to continue in the Flag pattern range, then break towards the downside and hit previous low. I would expect to enter a short once price has closed outside of the bottom resistance. For now we stay out until that happens as MACD is slightly bullish along with ADX.
Trend: Ranging Structure: Support and resistance, Long term wedge Plan: We expect price to respect the upper resistance line/potential double top, and make a move down to lower trend or support