an opportunity after a big bullish day losing momentum, confidence arises when it crosses 15m resistance and MA which price shall go to 1d support. enter only when candles confirm. trade according to your system only tp 20 pips sl 10 pips sell stop - pink line 136.187
Grey area shows ranging price as 4hr and 1d as strong resistance and support, the losing momentum should be followed up with a break upward of 4hr resistance which will be a good opportunity to enter a trade for long position. upon higher timeframe analysis, it offers more potential pips as well. trade according to your system only. sl 10 pips tp 20 pips buy...
an opportunity to trade a retracement from the losing bull momentum as it rests at the 1d resistance. a good trade to enter short for 20 pips upon rejection, with confidence above the 4h resistance. trade according to your system only sl 10 pips tp 20 pips sell stop - pink line
another opportunity to short a strong resistance and losing bullish momentum. will enter trade when it break the 15m support. trade only according to your system sl 10 pips tp 20 pips sell stop - pink line
4hr resistance will make a perfect opportunity to scalp for bear. this is a trade that i did not create an idea beforehand. trade is taken already. sl 10 pips tp 20 pips
giving respect to the 1hr trend line as it just hit support , price will be going up for quite a while unto the trend resistance. Will enter trade as it break through the first 15M resistance, assuring for more upward movement until the 4h resistance which will result possibly in a small consolidation up until second 15m resistance . Waiting for candlesticks and...
the 1D resistance has been rejecting price lately, a good opportunity to scalp pullback once again . will enter trade if candles form bearish price action on the 15m tf , signalling a minor retracement, possibly a major one according to some higher tf analysis . sl 10pips tp 20 pips trade only according to your system. sell stop - pink line 1.09835
a good opportunity to trade the retracement upto the 4hr resistance. the trade gets it confidence when it breaks the 30 minute resistance and the support trend line signaling for a minor bullish price action. sl 10pips tp 20pips trade only according to your system buy stop - pink line 131.975
given then ranging nature of the price, there is an opportunity to scalp possible rejections on resistances Will enter trade if 15m resistance rejects price and forms a bearish wick. Trade according to your system only. Sl10 pips tp 20 pips Sell stop- pink line
trade gives respect to the small hourly trend, short bias. it seems to have rejected the hourly resistance and pushing down to 15m support. breaking the support continues the trend downward for a potential of 20 pips and possible more. but must take note of the possible bullish trend continuation, however not viable to enter as momentum is diminishing. will enter...
price seems to be losing momentum unto a strong 1D resistance, we should be expecting a small pullback/ ranging price between the grey area if the candles confirm. will enter trade if the aforementioned resistance pushes the price down or shows rejection. trade according only to your system sl 10 pips tp 20 pips sell stop - pink line 1.09858
This analysis have 2 particular opportunities on both break of either 1 hr support, signalling bearish trend, or break of 15m resistance , continuing the ongoing range. Taking the trades if candlesticks and price action confirms only, with accompanied momentum. Trade only according to your system Pink lines - buy and sell stops
If bull loses momentum , giving respect to the trendline, it will reverse until the trend support. will enter trade as candles confirm. trade according to your system only tp 20 pips sl 10 pips sell stop - pink line 131.708
following the bullish trend upto the daily resistance, entering trade upon breakout of consolidation trade according to your system only buy stop - pink line
Price action seems to be giving respect to the higher trend (1D) analysis given the consolidation on the trend resistance. With it, comes with a high possibility and confidence for price to enter a minor pullback/ reversal. Candles also shows that bull is getting weak on the 30m tf, a good indicator for a reversal. Higher timeframe analysis displays higher pips...
This particular trade requires an engulfing bearish candle to confirm rejection and forming of a new bearish trend. assuming momentum is there to break 30m support, it shall abide by the daily analysis ( bear) trend. confidence of trade is until 1H support. daily analysis however, signals more potential pips. trade according to your system only. sl 10pips tp 20...
Gray area shows ranging price, looking to scalp for 20 pips tp and 10 pips sl assuming it doesn't breakout Hourly tf analysis shows a down trend overall. resistance strengthen by trendline increases confidence. just awaiting for candles for confirmation. sell limit on pink line
Candlesticks enter into consolidation to push into a lower price, currently sitting at middle support of the trend price pushing at 131.145 creates an opportunity for a small pullback unto the major trend resistance intersected by 1HR resistance, possibly higher as bear is weak by price action trade according to your system only will enter trade as candlesticks...