the sellers have kicked in after, the big boy buyers stepped out, i expect the rally down to go on for a while.
the daily sellers have taken over, the 4H on the other hand had to retrace, however I expect it to exhaust some of its energy before I enter. This is a long term trend.
based on price action this is a trend continuation kind of trade. I am expecting the D to hit the resisstance indicated above though it may take till tomorrow. My stops are based on the 15 mins. I don’t expect a pull back below the 13580 area, however, I expect a number of pull back along the way. my best entry would have been 13670
BASED ON PRICE ACTION buyers just kicked in on the 1h to break out of the huge pullback. the 4H buyers also look good. i expect a rally up though there may be pullbacks along the way. however, according to me if we see many pullbacks we may want to stay past our target
based on price action. the higher time-frames are on an uptrend, the 15 is in a consolidating phase and part of a shallow pullback on the 1H i set a buy stop once the buyers start kicking in
based on price action the buyers just kicked in and the momentum is increasing. the daily is also ready to move and thats why my entry time is 4H. however it may be slow at previous support first.
all on price action. the buyers seem to start dominating the market. i expect them to move to my target area around 113. however they may move higher before the turn around for the major trend. my stop is a few pips below since its my expectation that when i get stoped out the direction may have shifted.
based on price action the bigger time frames are on a strong push down.
all on price action. the momentum up from he higher timeframes seems exausted. we also had a strong push down then a big retrace and thats why the target is above the previous support.
all based on price action. the buyers are still strong and we are experiencing a retrace. my worst case scenario is the price to move towards the bottom blue line. the tp on the other hand is at a previous area of support. the trade may however move further up.
The buyers are relatively strong and we have a wedge developing.
the sellers are strong and i anticipate a move towards the demand/supply zone.
all on price action. this setup is yet to be complete. i am anticipating something like a double top or a clear down signal before i enter. please no jumping the gun. the stops will be at the previous high. the best.
all based on price action. its not the most common trades i take. i expect a very small retrace before entry, failure to which i don't get in. the target may however be a roller coaster, there may be some struggling so keep a close eye. the best.
all price action. am using a sell stop at the entry area. the setup is invalid if it does not trigger in the next less than 8 candles.
the buyers are strong. however we had a massive drop. the momentum of this drop has been taken out by the consolidation and am looking for a long term move to the upside.