We've had multiple rejections off of the H4 Higher Low
We have broken our M15 Resistance
We are having a M15 Pullback
: At the Pink M15 Zone
Look for Candle wick Rejection and an Engulfing candle (For the Entry)
: Targets
Target 1 is at the H4 Resistance (Grey Box)
Target 2 is at the H4 Higher High (Orange Box)
Target 3 Beyond LOL
Daily close with a continuation pattern.
You guys can honestly sell right now and just stay on the Daily Time Frame.
Make sure stop loss is above previous high. Have fun with this swing!!
THIS CHART IS SETTING UP QUITE NICE HONESTLY .
LOOKING FOR CONTINUATION OF THE TREND TO THE DOWNSIDE.
BEFORE THAT AN HAPPEN I BELIEVE THE MARKET NEEDS TO PULL BACK TO 147.400 BEFORE WE PUSH DOWN INTO 143.150
OPPORTUNITY TO COUNTER TREND AND OR WAIT FOR THE MARKET TO PULL BACK THEN FOLLOW THE TREND.
DAILY VIEW CHART, CAN ALSO LOOK AT WEEKLY
EXECUTE ON 4H OR 1H.
THE MARKET IS ABOUT OUT OF STEAM. THE RSI PEAKING THROUGH MY EXTREME OVER SOLD (20 LEVEL) AND ALSO SOME DIVERGENCE POPPING UP.
THIS MARK UP, SINCE I DONT TRADE EURO EVERY WEEK, WILL JUST FOLLLOW THE TREND.
THE MARKET HAS RETESTED THE 0% AND DROPPED.
NOW ITS ABOUT TIME FOR A PULL BACK TO THE SAME SPOT. 1.18250 (0%)
IF THE MARKET WILL HOLD AND GIVE A REVERSAL...
ITS A SIMILAR SETUP TO LITECOIN.
MARKET HAD PULLED BACK TO A 38.2 RETRACEMENT, AND EXTENDED TO A 161.8 EXTENTION.
THE MARKET FOUND SUPPORT BEFORE RETRACING TOTHE 38.2. ONCE THE MARKET BROKE THE SUPPORT IT NEVER MADE SUPPORT RESISTANCE, THE MARKET JUST DROPPED.
NOW THAT THE MARKET IS AT 161.8 I WILL WAIT FOR EXHAUSTION WICKS THEN GO LONG BACK TO THE 0%...
I DONT TRY TO OVER COMPLICATE MY MARK UPS WITH CRYPTOS.
I JUST KEEP IT AT USING S/R LEVELS, FIBONACCI, AND PRICE ACTION.
THE MARKET HAD PULLED BACK TO THE 38.2 RETRACEMENT AND WENT TO A 127.2 EXTENTION.
IM JUST GOING TO WAIT FOR THE MARKET TO PULL BACK TO THE 0% (ALSO SUPPORT THAT HAS BEEN BROKEN AND NEEDS TO BECOME RESISTANCE.
I WILL LOOK TO TAKE THE MARKET...
CURRENCT PRICE CLOSED @ 1302.10 FOR THE WEEK.
I AM SEEING A REVERSAL PATTERN (INVERTED HEAD AND SHOUDERS) WHICH IS ALSO AT THE PB&J.
IF PRICE CAN HOLD AT THIS 1302.10 LEVEL I WILL GO LONG INTO THEN MY NEXT RESISTANCE @ 1321.80
IF PRICE DOES NOT HOLD SUPPORT, AND MAKES SUPPORT RESISTANCE I WILL LOOK FOR SHORTS TO THE NEXT SUPPORT @ 1270.00
THE RSI IS UNDER THE...
@ CURRENCT PRICE 109.000 FOR THE WEEKS CLOSE.
WEEKLY FRAME HAS RAIL ROAD CANDLE STICKS SO I WILL BE LOOKING FOR BEARISH THIS WEEK.
DAILY HAD A SHIFT OF MOMENTUM AND A RETEST OF 109.75.
MY ENTRY WILL BE ON THE 4H @ 109.000
IF THE MARKET DOES NOT BREAK SUPPORT ILL GO BULLISH UNTIL 110.500
IF THE MARKET BREAKS 109.000 SUPPORT ON THE 4H AND MAKES IS RESISTANCE I...
THE MARKET IS IN A BULLISH CONSOLIDATION FLAG PATTERN.
IT SHOULD BE PULL BACK INTO THE PB&J MAKING RESISTANCE-SUPPORT, BEFORE CONTINUING BULLISH.
IF THE MARKET FALLS LOWER AND RETESTS ON THE 4H OR 1H, THE SELL IS AVAILABLE.
IF THE MARKET HOLDS CURRENT PRICE AREA, A BUY IS SET UP FOR CONTINUATION TO THE CONSOLIDATION HIGH
THE MARKET BROKE OUT AND NEVER PULLED BACK UNTIL RECENTLY. (RESISTANCE TURNED TO SUPPORT)
AFTER PULLING BACK TO THE PB&J THE MARKET HAS HAD A SHIFT IN MOMENTUM.
WAIT FOR THE PULL BACK, HOLD, AND REVERSAL PATTERN. (MORNING STAR AND OR ENGULFING)
TAKE A SIMPLE BULLISH CONTINUATION INTO THE HIGH THAT THE MARKET RETRACED FROM.
THE MARKET CAME UP AND MADE RESISTANCE.
THEN IT BROKE IT AND MADE A NEW HIGH.
NOW IF THE MARKET PULLS BACK AND HOLDS, WHAT I LIKE TO CALL THE PB&J, THE MARKET WILL BE SET FOR A SIMPLE BULLISH CONTINUATION PATTERN.
