As I previously noted in my rolling tested iron condors posts, there are several ways to deal with a tested side, including closing the entire side out for a loss, rolling the tested side out for duration at the same strikes as the original setup and selling an oppositional credit spread against the rolled out tested side as you would ordinarily do (with the short...
The AUDUSD was too exciting so the market has punch the First and second support. Take a look on chart and tomorrow it will be positive :) More details, PV Follow me for encourage me
See by you self, it gonna work I already took it
Wolfe Wave forming near strong SR level and Demand area. Only go for long position when after price break out 1-3 line and reenter 1-3 line.
1.12700 is a nice round number for a resistant level. Price has break the support level recently and I'm expecting the price to retrace to 1.12700 resistant area. I'm also expecting the price to be rejected by the level (first touch). I would go for a short position after price has reached the new resistant level.
Price has reached support level. CCI showing very low values and showing divergence. Expecting price to go up reacting to the support level
Price just broken previous resistant zone (red box) and showing reaction to new resistant (blue box) and the price is moving down. I'm expecting this price will react to the new support zone (red box) and shoot up to resistant zone (blue box). Set your buy limit order properly inside new support zone. Expecting profit target of 600+ points.
Previous resistant is now a support at 120.500 (round price number). Is in uptrend as indicated by moving averages and trendline.
EURJPY: Strong bear candle appear after price touched trendline. Bearish candle is 299 pip in height, the longest among 6 previous candle. SL is placed at the top of the bearish candle.
Market is still in consolidation between two historically relevant and very strong structure lines. Once the market breaks, I'm expecting it to dive or rally to the nearest structure level. Either way, both trades have a very healthy risk:reward ratio. Whatever you do, wait for the retest of the consolidation area. Do not get faked out. Wait for the retest then...