PoorMansForex

PoorMansForex

Head and shoulders formed, retesting neckline, potential short position

PoorMansForex

Here we have a 2 touch trend to the upside, looking for a 3rd touch, potential rejection, continuing the uptrend. Or, option 2, is we break both the uptrend and the 4H zone, look for re-test, confirmation, and sell opportunity.

PoorMansForex

Here we have some consolidation after a downwards push. Currently continuing into a pennant formation, at the top of my RSI also, and my EMA's about to crossover - 3 indication of a potential short position. Not ready for entry yet. One to watch :)

PoorMansForex

Looking like the bullish action is weakening. Some nice structure, rejecting that down trend, looking for another rejection and break of support, engulfing candle.

PoorMansForex

Here we see a nice structure formed on the 1H TF - continuing in an uptrend - in the short term, I’m look for a sell, at my resistance zone, structure line, and RSI - all indicating a potential sell opportunity

PoorMansForex

We can see some nice structure formed on the 1H TF, currently rejecting my support zone, and structure line, also at the bottom of the RSI - potential retest and long position upcoming.