"Short Term" retracement - Daily Chart Big picture sell on the weekly
Wait on price/candles to show reversal. Looking for a double tap
M - Consolidation W - Downtrend D - Below 200EMA | Made LH | Looks like a downtrend 4hr - Below EMA 200 | Strong engulfing on 4hr - Sell
Pending opinion on GJ - Weekly prediction
Sell EURGBP - Weekly Prediction
If the buy isn't evident in the candles, it may continue going down - Be careful!
Look for engulfing on the 4hr at .618 or anywhere between .618 and 1 then BUY!
Look for engulfing red candle in box on 1hr - even better on the 4hr - before entering
It is in an uptrend, currently at the .618 retracement level - Long term
- MOVING AVERAGES CROSSED - BEGINNING OF AN UP TREND - LOOK FOR A ENGULFING CANDLE ON THE DAILY (OR 4HR) BEFORE ENTERING - 0.5 AND AROUND 0.618 LOOKS LIKE STRONG SUPPORT MID/LOW RISK - THE 2 POSITIONS FURTHEST TO THE RIGHT ARE THE TAKERS/LOWEST TWO 0.618 HIGH RISK - CURRENTLY APPROACHING THE UPTREND LINE, CAN LOOK FOR A BOUNCE UP