Looking for a break and close above zone to go long only.
Short opportunity on US30 if it respects this key area once its exhausts up. If it doesn't breakthrough and close above, will short US30 here
I think this overall trend continues to go long. However there is shorting opportunity to some fib levels before it continues. I don't use Fib often but know its a powerful tool. Ive got a small support area that I will short if broken through and confirmed with a candle opening below. Will go long if results occur on the upside.
Scalp short down at this key area of build up. Usually wait for a close below but felt pretty confident about the selling momentum. Move sl above entry once in profit and let it play out
We seem to potentially creating a new zone on higher time frames. Watch closely as there may be a scalp opportunity to short. Or a new opportunity to buy up into the next level!
Caught an entry here off of a buildup in the trend, when pulling back to a marked up psychological level of mine. Though I've got this tagged long, I do think it might be a more optimal scalp then a swing to target. Manage risk, and trail your stop loss if you tail the play!
I've laid out some key areas of opportunity to either set up alternatives to ME's or watch and make game time decisions for Long and Short plays if we can get a break and close below/above these key areas. Did my best to color code! Lets see how it plays out.
ETH can go long if it holds this area at 2378 and does not break and close below demand area. Watch your charts, could be a good buy limit opportunity - I will personally wait to see how it respects this level before hopping in and holding long.
I see GJ coming back down to this key area - respecting that level and bouncing back upwards in a bullish fashion. Waiting patiently for it to move back down to that level.
Looking to short GBP down to a lower area of support before Looking to go long back up in the morning. TP1 - 152.158 TP2 - 151.830 TP3 - 151.600
Wanted to catch gold @ a bit lower demand area but think we’ll get the long turn around here. Tight SL with appropriate risk in case we pull back
I can see ETH continuing downward but reacting at this Key level area of 1719-1706. Potentially holding that level and bouncing back upward, or breaking and closing through this level and leaking as far as 1311. (I think this is unlikely but I may have some bias) Lets see how it plays out. The short or long position determination will come down to how ETH...
I see Gold pulling back to these specific areas. Going to be patient and a bigger distance to SL then I would usually do BUT I feel is necessary before it drops. Purple line TP2 Red line downward is TP1 Lets see how it plays out!
With a break and close below 33675 We can potentially see US30 Drop Quite a bit. I'll be watching this play out - no sell stop needed. Will wait for the break and close before entering and my SL will likely be tight. Heres a hypothetical Blue line is my TP target once I enter.
We're in the final hour folks. Most of the day I've been in profit with this position. In the last 45 mins to an hour we can see movement but not likely. I think this continues to play out slow but its great that the direction is in our favor. I am not a fan of holding positions when the market closes like I mentioned before. As we approach market close I will...
In profit But slow moving - will monitor my positions to see how this plays out and will be patient. Won't leave this open as the market closes, but if it shows volatility - willing to adjust SL further in profit and leave open. If pace stays the same I will take profit.