Only valid if we reject 78.6/61.8 fib level and supply zone.
only valid once we approach zone and form rejection on STF
Continuation of downtrend, break of demand.
Trade is only initiated if a retest occurs and my other trade confirms including candle confirms are met.
Trades are not valid until confirms are met including candle confirms (Engulfing/Rejection Wicks).
Trades are only valid once their is a retest + candle confirm.
Trades are not valid until candle confirms are present.
This is a potential opportunity for a UJ short position as price broke support and turned into resistance. Price has rejected this level in the past and is at a potential retest of resistance right now. I price rejects this level with strong rejection wicks or bullish engulfing candles the position is validated. The opposite trade of a UJ long is also a potential...
This trade will be valid once price breaks the weekly resistance level at 108.5. If price breaks this zone, it will likely retest this level once before flying up to the higher resistance level at 113. It is better to catch this trade on the retest as it will serve as confirmation, increasing the likelihood of your trade winning. Note, this trade is not valid...