itaskar

itaskar

resist area formed with reversing patterns, expecting 38 or 50 percent fibo level test. Stochastic in overbought area. Daily 50 MA reached:

itaskar

Nice shooting star which appeared at potential reversing level. Unfortunately there is long wick and it is impossible to get good RR. Therefore I recommend just small trade. First target is recent lows, second target is broken bear trendline. bigger picture: 4h picture:

itaskar

1h chart created nice shooting star at potential daily resist area, Risky because the daily bull engulfing. Opened just small trade. daily view: doji at potential res area, price can retest recent lows if this doji holds, maybe we will see retest of the broken bear trendline as well. mistake on chart: daily support area/not daily dupp area

itaskar

Few bearish paterns confirming daily resistance, if there will be no close above this spinning top, daily downtrend can continue. On daily is previous support becoming resistance with dark cloud and bear engulfing. Stochastic is in overbought area. daily:

itaskar

update : trade not filled/no buy signal not yet in trade, waiting for bull signal in 1/4h. Piercing pattern created on previous resistance, close below shadows will invalidate this pattern.

itaskar

opened small long, expecting retrace where I will add. Will watch this 240 for adding: Daily close below morning star shadows will open way to 0.75600 and 0.74500 area.

itaskar

price is at res zone created with dark cloud and bearish engulfing. Price cant close above engulfing high. SL 20 pips above engulfing high. Expecting at least retest fo the daily bearish trendline after break. Bearish harami/doji on daily chart confirming resistance:

itaskar

long, sl 10 pips below morning star(price need to close below to invalidate this pattern).Minor resistance at 120.15 area. Daily doji:

itaskar

price broke daily res area but cant hold there and closed back below what created dark cloud cover patter in overbought area. stop above this pattern. daily R/S zone:

itaskar

stop few pips below support, good RR 240 trendline:

itaskar

nice morning star at support, stop below previous morning star

itaskar

stop 20pips above recent highs evening star in 240: weekly:

itaskar

uptrending modified schiff, tight stop(15pips), resist becomes support on purple line..problem can be blue dashed line, we can see there how support becomes resist, so litlle bit mixed messages, but tight stop, so Iam in. If price will broke purple line then next support is orange line.

itaskar

price is at slope resist, may we will see a pullback

itaskar

price in wedge, possible HAS pattern, price range is betwen green and purple line, short at black line if there will be good stop. short is based on this 30 min downfrork , stop - if there will be sideway to the black line then previous high, thin stop is needed because context in this fork is bullish what indicate move to the upside. weekly view, price is...

itaskar

- slope support - divergence - stoploss 30 pips - targets: blue lines

itaskar

watching behavior in this 30min fork and we can see how support becomes resistance, in combination with downtrending 240 fork we can expect move down from this point or potencialy from purple line in 240. my sl is 94.35, if this short fail, will watch 240 for another entry 240 fork: 240 target: 93.4X

itaskar

price is at horizontal and slope support, possible bounce from this point, stoploss below rectangle lows(blue lines) pitchfork view: