Simple i suppose and clear. close below this trendline, either short straight away or you could wait for a retracement up to you
Perfect bat with amazing structure and fib. Be careful and watch closely. If it breaks the resistance at 1.4158 then long for TP1 14252, TP2 1.4344, TP3 1.4470, go safe with SL 1.4045 where it had a good resistance. Trade with care.
After hitting the monthly low resistance, GBPUSD bounced up again. Double fib retracement to the 0.5 with a double bull wedge before breaking out again. High probability of it breaking out the 1.42000 rs to retest it.
1:1 HARMONIC EXPECTATION CORRECTION REACHED - 38.2% EXPECTED PROJECTION - 138.20% MEET THE EXPECTATION!
This pattern will be up and down due to the GREEN TREND LINE AND SUPPORT. Once candle stick breaks the 1.43495 price will keep going down. very high probability that at .618 on the fib retracement. Price will bounce back up!!!
We're looking at this short opportunity on m30 chart.Market is making lower highs and lower lows and is below 100SMA indicating downtrend. Price made a move down and a pullback upside now we're looking to sell with stops going above 0.618 and targets at 1.27 extension then 1.618 as our second target.
SPX enters the key area for its nearest future as the price came up to 0.764 fib ret of the last downward move and the 1.618 extension of the AB leg in the potential structure pattern. Look for the signs of weakness on 1H chart (divergence on RSI or price channel breakout) it may be goog risk reward short trade with stops above 2120 and potential targets...
We have had our Double top form which is in a good area of ressistance. from here im expecting a move down we are right at the top of the RSI on the Daily. Now there is alot of structure around the 382 level so I will be watching to see how it moves if we get to this area and then if we break this there is a possible move to previous lows. I am in a short...
so we have had out Double top, had our impulse leg down and broken structure and have started to see some retracement. If we get back up to the 618 level I would be looking for Bearish signs to get short and as shown 2 possible levels it could come back down into previous support if that breaks coudl go down lower. There is alof of previous structure around the...
We have had our Double top and impulse leg down if we see a retracement to the 618 I feel that pervious support could act as ressitance and see a move to the downside
So have been looking at other possible ways this pair could move. Now if we look at the Monthly Chart we have had our Double Bottom and impulse leg up and a start of a retracement. And will be looking for the 618 retracement to get long. This idea is all speculation but just a look at a possible path to how we might get there. So from the 4 hr chart we have...
As per my other Ideas around the EUR pairs double bottom, structure broken, wait for the 618 retracement and move to the updside
Similar to my Idea on the EURUSD 4 Hr Chart we have had a double bottom, structure broken, pull back into teh 618 area and then tend continuation the upside.
So after yesterdays News release its changed the flow and trend of this pair. We came right back down into previous support levels and bounced right back up and broke struckture to the upside. With this move it could now signal a change in Trend. Possible retracement back down to previous support around the 382 level but also the possibilty of a 618 retracement...
Ichimoku, MacD, ANN strategy previous structure (support/resist) Fib Fib lines up with previous structure to make TP ANN says buy (ANN is strategy based on double hullMA)
So looking at the current structure there is a possible pull back after the impulse leg down and opportunity to get short around teh 618 level which has shown signs of resistance before Looking at the larger time Frames we have had a big impulse leg down and the 618 level on the ! hr chart would fall in line with the A to B leg of a Daily Bearish Cypher. All...