highimjoelj

highimjoelj

support turned resistance rejection, 3:1 rr, up trend line broken ll lh

highimjoelj

Daily support area, doji on 4hr possible morning star 4:1 rr

highimjoelj Updated 

Overall market structure is clearly bearish. Has been making consecutive LH & LL for a while now. That being said bias is bearish and looking for sell opportunities. Price is approaching a supply zone pretty soon, which coincidentally holds the 61.8% fib level making it a Golden supply zone. Very high probability set up with a R:R of anywhere from 3 to 6:1...

highimjoelj Updated 

Price has been on an uptrend overall forming a series of Higher Highs and Higher Lows. Bias is Bullish so looking for buy opportunities. Price is currently approaching a Demand Zone which shares the 50% Fibonacci, thus making it a high probability Golden Demand Zone. R:R of about 3-4:1. Looking for confirmation in this area to enter. Price is already looking like...

highimjoelj

Price is overall in a downtrend so looking for sell opportunities. Price just approached a supply zone on the 4hr timeframe. Waiting to see how price reacts before entering a trade. 6:1 rr

highimjoelj

Overall downtrend, looking for sell opportunities. Price recently touched a supply zone and was rejected, 1 hr timeframe closed with a strong bearish engulfing candle. Entered short with a 3:1 risk to reward.

highimjoelj

Head and shoulder patterns throughout multiple timeframes. Neckline of H & S pattern bounces off a trendline acting as strong support and resistance levels. If price reaches that level and rejects with clear confirmation, entering a long position. If price happens to break through this area, I will begin waiting for a retest & confirmation for short.

highimjoelj

Bullish trend overall, price retraced to test new support area. Looking for confirmation pattern and entry with 4:1 risk ratio

highimjoelj

On the daily timeframe price broke through the market structure previous low, creating new HHs & LLs. Demand zone on 4hr/1hr timeframes lining up almost exactly with the support level on 4hr and daily timeframes. If fib placed at the bottom of the move up the demand zone lands right on the 61.8% creating a golden zone. Price slowed down around this area and...

highimjoelj

Overall uptrend throughout weekly, daily, and hourly timeframes. For the weekly/daily timeframes price broke above previous highs/resistance. On the 4hr for the most recent move up, there was a rally base rally (supply & demand) which created a Golden Zone on the 50% retracement. The now support area lines up perfectly with the Golden Zone on 4hr timeframe....

highimjoelj

Overall price is clearly on a downtrend. Price is currently approaching a strong weekly support area, which looks like is slowing down the momentum. 1hr-4hr showing price consolidating in a rectangle. Waiting for break and retest from either side to determine whether to enter long or short.

highimjoelj

Might be a false break but just broke through a well respected support and resistance area and breaking through previous low in the process. Price is currently restesting this area. Waiting to see how price reacts in this area before placing a buy.

highimjoelj

The trend is overall bearish. Price approaching key level on 4hr timeframe. Waiting for a break and retest to verify analysis