1) Price has had correction at HTF 2) Price is now in a bearish flag hoping the price will continue to the first TP level
1) Divergence 2) Broken structure 3) Trendline break 4) Price at HL
1) Double top 2) Divergence 3) Wait for break + retest = Entry 4) Price is near Weekly downwards trendline ( MAJOR ZONE) 5) Price created double top at 4hrs 6) 1hr Trendline broken
Looking for the 2nd entry on this pair.
Trade still valid Entry after a retest with clear rejection SL (-30-40 pips) TP = 1:33150
1) Bullish impulsive move on a higher time frame followed by a correction move on a higher time frame 2) Double bottom at the end of the bullish correction phase 3) Broken structure with New Higher High 4) Price created new impulse with correction possibly coming off from 61.8% level 5) Price had come back to touch the higher time frame correction trendline A)...
1) Daily: Price having a lot of long wick rejections at this area. This area has had rejections previously before. 2) Price has also touched monthly 50 EMA, this is a major zone. 3) @ 4hrs chart price is moving sideways 4) @1hrs chart Price has formed a bearish pattern towards the upper trendline line. Divergence at 1hr time frame chart 5) 15mins chart price has...
DIvergence @2hrs time frame HTF bearish correction phase LTF correction phase within the HTF correction phase Double top @ 4hrs Price below 4hr EMA
Wait for price to break the trendline + retest = Entry
Price breaks below the bearish channel + retest = ENTRY Only enter after the Retest 90 pips TP -30 pips SL
1) Bullish impulsive move on a higher time frame followed by a correction move on a higher time frame 2) Double bottom at the end of the bullish correction phase 3) Broken structure with New Higher High 4) Price created new impulse with correction possibly coming off from 61.8% level 5) Price had come back to touch the higher time frame correction trendline A)...