penguintrader

penguintrader

Looking for breaks over 60 for trades long.

penguintrader

Description on chart.

penguintrader

Daily trend could be starting to turn around. However its too early to jump ship just yet. Will follow this up with another chart on the 4H.

penguintrader

Eth still looking very bullish, Looking for longs over 3530, however will keep stop losses tight, has moved alot and in a short time. Is due for a retrace on higher timeframes.

penguintrader

Looking for longs above 57800ish. Currently indescisive. Daily and 4H giving bullish and bearish signs. A break above this level will mean it will likely retest the 59000 If it breaks above 59000 then the market will be bullish overall again.

penguintrader Updated 

Close above 1.5 for final confirmation

penguintrader

Rejected of 61.8 fibs on the daily. broke 4H uptrend LL made on the 1H. Looking for a bearish candle to confirm the LH... to enter short.

penguintrader Updated 

Alternatively if it never changes Market structure (maintains HH and HL) and we see a good close above 3k with volume Will enter long.

penguintrader

Looking for longs over 1.6 with a HH and HL Past 61.8 fibs on the Daily Risk: broken 4H trend... however is just a trend line, MS still holds.

penguintrader

Short trade looks likely to play out. Waiting for break in trend ... and then for confirmation to enter short. Still feels a few hours away at least Wont consider longs unless it goes above that fib level on the Daily.

penguintrader

Had another push up against the 3k resistance. Still looking for similar confirmations. Momentum has been slowing. Likely to retrace before breaking up through 3k. Left the P/L tool on the screen however not entering short unless it makes a LL and LH.

penguintrader

Previously mentioned that other opportunities may arise. IF****: Break in down trend on the 1H Change in MS, HH and HL. Then will consider another entry long up to that 58500 level...

penguintrader

Looking for shorts below 2900 Confirmation - strong close below. Moved 30% without retrace, MS is slowing down, Volume is easing off looking for that break in trend and support... Will be trading with TP or Trailing stop at least.

penguintrader

Looks indecisive Market structure screams out could go either way On the daily its sitting above 61.8 fibs (bullish sign) Broken trend on the 4H (bearish) Sitting out for now...

penguintrader

Description on photo. Waiting for setups on the 1H

penguintrader

Could go either way... Volume is dropping off and price has been consolidating now. Looking for MS as signs of either the bulls or bears coming on top.

penguintrader

Looking for the close above. Testing strong level of resistance. Bullish RN, big moves small degrees of retracement On the first big leg up only pulled back to 21 fibs Risks- ?due for a retrace however has consolidated before this move. Confirmation: need a close above 1.63, currently rejecting off this level If it breaks then will be likely to go up, however...

penguintrader

Daily analysis, info on chart