On Daily and weekly Timeframes, the price has arrived to the overbought zone, as I announced on my Idea published on February 26th, I said Price was going to change direction looking for a minimum of 1200 pips, and it did it for 1800 pips. Now I see the perfect pullback zone and a crown formation on short term timeframes, so, let's prepare to start selling. In my...
Strong downtrend, Friday's candle closed a bullish candlestick breaking the downtrend line, I really need more confirmations about this new move to the other side of the up 2 years channel 500 pips away. another confirmation is a close above 0,763 price level. in the 2H y 4H we can find buy setups. Be careful on Friday's NFP, If the reading is...
Price is testing, the 27.2% (Horizontal Blue line) of the Historical Monthly fibonacci, which has been a hard level to hit, once price corfirm above that level and break the down counter trend line, we can expect a bullish move to the next Fibonacci level 38.2 for a 400 pips 1st target, if it goes down, it could re-test the 1.095 price level to get the force to...
On daily, we are looking for a new down trend, a good confirmation is if price can re-test back levels forming an important lower high bellow the highest high at the Monthly 61,8% fibonacci. Our short term preferences are long to that level, We could take short term on 4H y 1H long positions on Dips, According to H1 up trend
IF price breaks up counter trend line, look to buy to target 1 up to -61.8. if price breaks main up trend line, wait for a new high bellow it an then look to sell to the outer up trendline drawn an daily TF on the same chart
Waiting for the price to go down to entry price then, Sell. If Price goes against the order, follow price with order bellow previous 1h lows
Waiting for the price to go down to entry price then, Sell
Waiting for the price to go up to entry price then, Buy
Waiting for the market to form a new high, on 1h or 2hr TF, Then look to sell
Waiting for the price to go down to entry price then, Sell
Waiting for the price to go down to entry price then, Sell
Waiting for the market go go down to entry price, then sell