CLEAR PRESENCE OF BULLISH PRICE ACTION, AS THE LIQUIDITY FROM THE LOW PRICE OF THURSDAY HAS BEEN TAKEN, NOW WE CAN SEE A PUSH BACK TO TEST THE PREVIOUS HIGH PRICE
OPPORTUNITY TO GO LONG ON USDCHF , after accumulation at resistance and a break to the upside. Looking for opportunity to go long if we get a retest and rejection at that level, which also lines up with the 38.2 fibonacci level.
Simple structure based trend continuation trade. Line up in confluence with the 23.6 fib. 4hour bullish close confirm bullish market after correction, daily series of higher lows being created confirms uptrend is still intact
Look left, structure leaves clues, USOIL has been making higher highs and higher lows, with equal measured harmonic moves to the upside. Most recently created a higher high, and bounced off support for a higher low. I observe an inverted head and shoulder pattern, opportunity to ride to the upside or to retest structure highs, with higher TP at peak of harmonic...
Price broke resistance, broke descending trendline and continued to rally. After another break, wait for retest and enter with targets ones and twos as shown.
Following the structure of the down trend, if the daily candle closes clearly below this level, look for short opportunities on the pullback to resistance.
