Price action has provided a inverted head and shoulders pattern and finally after a long wait and change of direction because of news! We have created a CLOSED H4 HIGHER HIGH! I AM LOOKING FOR MAJOR LONG MOVE TO DAILY ZONE My zones are H4 and I have put where I look to enter but to be honest I am entering now and will ride up! take profit and then let pullback...
Hello Traders, I believe that I see a double top that formed on the Daily time frame and has attempted its LH and got a MASSIVE BEAR PINBAR setup or major zone rejection on the 12h and 4h. Giving us bear signals to be ready for a break to the downside. Now there seems to be one more Past HIGHER LOW area on the daily that will need to be pasted in order for this...
So After the crazyness of news and the huge push up, I am expecting EUR pairs to cool off and start to power their slingshot to the upside by doing a PULL BACK to a Fibs PRZ. My colors show my fibs I am really hoping it touchs and wicks at 61% level which would be a perfect retest of the previous 4H resistance level. Lets keep an eye on this pair and not miss the...
Please look at my daily picture for further confirmation on this scalp. There was a daily rejection off a major Daily trend-line. You also see a break in structure on the H4 chart, I am expecting a small pull back to a PRZ level and then a further push down, ALLOWING FOR SMALL SCALP OF 40+ PIPS and then making a HL On the weekly, giving the power to push up past...
I will show the weekly chart to express my point of how MAJOR This next move is going to be! EURGBP Price is coming to a SERIOUS SUPPORT level! it can do one of two things, so make sure you are ready for one or the other! Plan A- It follows the past examples and hits this MAJOR support and respects it pushing up where BULLS will be in charge for awhile setting...
In order for the market to push lower, It must collect buy orders to push down past this major zone. I am looking for a Morning star pattern on H4 and looking to SCALP on Buy positions until atleast 50% on fibs Color coded my fibs levels. Pink-23% Green 32% (What I am looking to TP too) Orange 50% Blue 61% Good luck to us all and remember No Days Off Unitl...
As you can see that AN has been on a serious Downtrend for many days and we have finally seen the BULLS enter the market. My zones are based off the weekly price action pools and the LH zones are based off Daily price points. I see a major push to the upside, I am going to trade zone to zone. Buy up to the zone, wait for scalp option or break and retest and...
Please look at my daily analyse attached below. But we can see a potential Bullish pinbar forming, rejecting at the PRZ of 61% I am just posting this for myself mainly to see once this forms and I take this trade if it follows through with my analysis. Enjoy the journey, document everything, practice your skill, and NO DAYZ OFF UNTIL EVERYDAY IS A DAY OFF.
Look at comments below I will post my H4 chart as well! Looking at AU you see the bears push down but almost immediately that movement got engulfed by the BULLS! Showing buyers are in the market, it then pushed past the LH and now is looking to do its slight pull back to move up! I have my fibs PRZ Color coded, price bounced back and fourth from the 38.20% PRZ...
I chose to use H4 Chart to show because its clear. This analyis is using the Daily and weekly time frame for higher validation. GJ has made a major push up and broke through consolidation box or prior Daily ROOF, major momentum showing that BULLS are in charge. Now pullback should happen to one of the Fibs levels, I have them all colored 38 50 and 61! I will...