Well Great traders Trends have changed on this index pair it is now in a bullish rally
Long time i will be looking for a buy move up however i could notice a sense of trend change on the 30min chart market making a Lower high could it break the trendline? Dare to find out
Well skills and experience are put are test here
This could still break the downward trendline i have in place there
it could still create a double top successfully create a new lower high then
lower low see breakout entry tell me what
HOLA ! Great trades let's do this im ready are you
Market on the daily has had a range of equal highs and lows
However last week we saw a surge downward move
which on Friday we saw it break a strong trendline and
create a lower my take is ill be selling unless we get
new highs and higher lows let's do it.
oi mate let us have a great week innit? :
so what have here is...
1. price respected a major level of resistance
2. after doing so it consolidated for a period of time
3. today it broke below the consolidation phase and formed a LOWER HIGH
4. it is currently retesting so perfect time for entries, i'll be expecting pries to sell till the upward trendline
here is what i see on this pair...
1. price just broke out of my downward trendline on the H1 i'm waiting to see if it closes above it
2. and then again a mini upward trendline formed from the previous low up until now with about 3 touches or so
3. so only if price retests the broken trendline and tests the upward trendline only will i place buy trades on this...
pretty plain and simples here guys...
1. an upward trendline got broken so is now invalid and and market is going to test my other upward trendline
2. after the breakout of the trendline price broke through a level of support and is now currently retesting it which is when we can enter trades
3. TP is set at the H1 upward trendline
I am grateful for the opportunity to get to trade in this trillion dollar market
Wow nas100 looks to be slightly pulling back
I'll stay bullish on this
So if one of those trendline is respected or successfully intercepted I'll take a trade from there on but I love it! Still bullish now
so what we have here on the DXY is the following:
1. market has been making higher highs and higher lows and formed upward trendlines on the WEEKLY, DAILY, H4 and H1
2. price has respected a pretty strong resistance level as we can see by a DOJI on the H4
3. and due to this on the H1 market broke past a previous HIGHER LOW and formed a LOWER HIGH
4. once market...
Well in an up trending market like this you can wisely be taking more buys or you can go do the hard job Hope for a sell set-up to occur .
Simple a Inner trendline has been drawn on lower timeframes'
we expecting a 3rd touch
successfully stay above trendline through a series of confirmation candlesticks
Great news Friends set-ups forming here on this Gold 4h chart
Now you have your inner trendline holding 2 touches
what is best is that we get a 3rd touch then further execute if it is successfully respected
You can tell me what you think
Higher times are at least this year bearish so why not follow trend even better be it's best friend
Beware when you officially...