Redimere_91

Redimere_91

Wanted to wait for price to hit a recent support zone and it looks like history shows that a pullback on the recent downtrend may be due at some point. Price could test the recent low again but we will see what happens. The targets for this trade is where the globes are (purple globes)

Redimere_91

Price near resistance area. Price could test one of the previous lows. A testing of the previous high that was broken in structure is also possible.

Redimere_91

Price near resistance zone. Price could retest one of the previous lows.

Redimere_91

Price near resistance zone. Could be a reasonable pivot are where price could test one of the few support levels below.

Redimere_91

Near a resistance zone. Could test previous low. Previous low was broken.

Redimere_91

Possible "ABC" Reversal pattern? Late buyers may push price up more but I like what I see near this price level.

Redimere_91

Potential divergence spotted. Looking for price to retrace a previous resistance level between 30%-50% or more. Price also may be trading sideways. Not advice. What do you think?

Redimere_91 Updated 

If you look left, there’s a circle. I’m looking for that same pattern at this resistance level. Potential ABC pattern setting up. Looking for a 1:1 minimum. I set a limit order at the recent high where the A leg started. I’m also looking for price to test that same recent high before a leg further down in price. Price has also been rising on low volume. If we miss...

Redimere_91 Updated 

(Did this publishing on my mobile app.) On the Daily timeframe, a potential ABC pattern has been spotted. If you look left, the ABC pattern from the past is what I’m referring to. The RSI is overbought at this level and there is also a potential divergence being created between price and RSI. Buyers seem to still want to push but the effort in action seems like...

Redimere_91 Updated 

Potential "ABC" pattern spotted on daily. Going for 1:1 minimum. Looking for a test of B's high. Not advice. Follow for more down the line. I trade larger timeframes (Weekly, Daily).

Redimere_91

I usually publish daily charts but will now switch to 4 hour. There looks to be rsi divergence between the 4 hour, daily, and weekly timeframes (dotted line). Price has been rising on low decreasing buyer volume recently. Started a leg here and am looking for a 20% to 40% fib retracement of the previous macd low. Buyers seem to be staggering a bit at this...

Redimere_91 Updated 

Looking for a retracement of the previous low (white dot) I am a fan of the weaker dollar short term. Banking on this recent high to not be broken. This could be an "ABC" pattern to the downside. I'll update regardless of outcome.

Redimere_91 Updated 

Potential divergence created. A previous intraday low was broken and the current high which was broken as well. A bit risky of a setup to be honest but it follows what i like to look for We have GBP news coming up Friday. GBP mortgage rater were higher but the housing price index MoM and YoY were lower with the AUD business confidence coming in higher than...

Redimere_91 Updated 

I see some divergence on the daily and I want to see if it carries into the 4 hour. We just broke a low and I still believe in AUD and NZD strength. Just want to see if price can retrace the previous highs. The homerun would be price reaching the top white dot but the odds could be slim. Will update when I can.

Redimere_91 Updated 

Within the recent trend, every time price broke a recent low, price retested a variable % of the previous high attempt. I want to see if price can test up to 50% of the previous high if the dollar grows weaker. There is also divergence on the 1 hour timeframe. I entered a few moments before the publish so excuse the long position tool.

Redimere_91

Looking for a retracement of the previous low here. Small pullback before Friday's news? Possible break of structure on lower timeframe with a current retest of the high. Should be interesting.

Redimere_91 Updated 

Possible divergence here on the 1 hour. A recent high and low was also broken. Yes, production has been cut and may be ongoing but we have to wait until 8/9 for next report. Could a small pullback be imminent before further outlook?

Redimere_91 Updated 

Could we get a retest of the previous high? Nice demand are here as well as potential divergence dating back to around 7/18 when the recent downtrend started.