Looking for a rejection at the level of 146.00. Enter only if there is a rejection formation.
The price made a Change of character breaking the upward move. It retraced to back to the order block that changed the character and it is now at the Fib level of 50% retracement. Watch for a rejection of the price to a lower timeframe to validate our short.
Price reached the fib levels between 61.8 and 78.6 reaching the OB that created change of character after the FVG. Great area to short.
The price reached a resistance level and the price is creating a divergence to thee RSI. The price is going up for more than a month and I expect a pullback. TP1 79.00 TP2 75.80
Looking for a rejection at these levels. 1) Fib retracement at 78.60, 2) Major Resistance level 3) Trend line reach.
The price has reached a point of a possible continuation of the downward channel. The price tried to break the channel but immediately got rejected by a bearish candle and the RSI shows a downward momentum. We look for a confirmation for reversal, BUT we have to keep in mind the strong resistance level at 1.36400. We will have a SL just above the structure in...
The price seems that it stops making new HHs and shows that it's creating a LH. The rejection candles show that the bullish momentum comes to an end. If we brake the trend line we have another sign that the price is most likely to drop. TP marked with RR 1:3
As we see, the oil is very close to resistance level of 82,0 until 83,50. A divergence has formed which is a sign of weakness. As soon as we see that the price bounces back from the resistance we can place a short order with SL the highs of the structure and TP 74,0. We are looking at 1:5 RR which is very good risk to reward. In case we brake the resistance...
The price reached a strong support zone, creating a divergence. I believe the price would reach 15.800 and maybe 16.000. I will trade a 1:2 RR.
Since price made the first leg downwards, we had a retracement of more than 50% at fib levels, which makes grade opportunity to short. Watch for rejection First TP the structure below, Second TP after securing some profits at a level below at the order block.
As I said on my previous idea (check the link below) the price was forming divergence, showing that the upward move was almost ending. Also there was a major resistance area between 82.00 and 83.50. A expected, the price reached the resistance level and immediately dropped. By the time i write, the position is already ITM with RR 1.40.
Creating beautiful divergence. Price likely reverse. Tp1 And Tp2 marked
The price made a break of structure made a push higher and now came back to the Fib discount levels between 50% and 61.8% touching the order block that created a big move. TP is showing on the screen with R:R 3.
The price reached the previous highs. It created a double top and crossed the uptrend line. Also RSI reacted to the overbought and started to 'look' downwards. Great potential here for positions that will stay open for a few days or maybe couple of week in order to be profitable.
Looking for the price to continue the channel pattern. RSI at it's lows, expecting a strong LONG momentum. Expecting an 8:1 win reward ratio on this.
Last November the 15th we saw a great Long opportunity for this pair, since it reached a critical low level. The price went exactly the way we wanted. It stayed inside the channel, bounced at the very lows and moved up again. Can stay on the trade or take our profits and move to our next trade.
Last November the 15th we saw a great Long opportunity for this pair, since it reached a critical low level. We entered at 1.67250 and now the price goes exactly the way we wanted. Can stay on the trade or take our profits and move to our next trade.