Overall trend bias-bearish
Short entries on 3 potential scenarios
Scenario 1- Break of support structure-->retest resistance--> short entry
Scenario 2- rejection of resistance level 38.2--> short entry
Scenario 3- break of 38.2-->retest--> rejection from 23.6--> short entry
What do you think?
Overall trend bias- bullish
Long setups potentially forming on 4H TF.
Scenario 1- Break into HHs-->retest-->long entry
Scenario 2- retest-->long entry
Scenario 3- break below 23.6-->rejection from 38.2 support-->long entry
What do you think?
EURJPY can move 2 ways- short until trend and launch on a long position, or rally from actual price at the moment. Both are beautiful positions for an increase in equity. Fundamentals and technical look beautiful. Stay blessed, keep increasing that equity curvature and lets 211 these banks!
Fundamental-Economic Calendar: Market Composite PMI & Services PMI for...
Buy Op
Daily/4Hr
Price has been in a downtrend but it is looking like we may have a reversal/breakout happening.
The 50MA has crossed over the 200MA on the 4hr and may be pulling back to the 200MA on the Daily.
Will be looking for my buy entry on the higher low/50MA on the 4hr chart and 1hr for candle confirmations.
Entry AREA 1.33360
SL 1.33008 (35Pips)...
BHEL Swing Trading Analysis
Take a Trade Always With Price Action Only
Now BHEL Trading In Buying Zone (CPM 30 TO 40)
All Target and Stoploss Mentioned On This Chart .
Sell Op 4Hr Timeframe
Price has started a downtrend and is currently in consolidation on the 4Hr timeframe.
Shooting Star and Marubozo candle on 4Hr Resistance.
Looking to get in on the LH/4Hr resistance or the pullback to the 50MA on the 1Hr timeframe.
Entry 1.21200 AREA
SL 1.21860 (66 Pips) Use proper Risk Management!
TP 1.17500 1:5 Risk/Reward
DON'T...
The special crab on the weekly on BTC those that extends to the 1902 fib level discovered by Scott Carney ( my mentor). As we can see, this is the first time this pattern is completing so we expect a Type1 reaction to a minimum 382 fib level which is around 22k ish and a maximum 618 level around 15 ish. These markets have been overbought I believe it will...
