Looking for a pullback into 81.00 to sell for a short term trade down towards 80.40. If that level folds another run for 79.80 is likely.
Elliot Wave Perspective of Crude Oil. I am interested in trading the Wave 5. Also the price action near 38.2% or 50% retracement level will be taken into notice before entering the Long . Roughly Long @ 48.74 Stop Loss @ 46.99 Take Profit @ 53.00
Elliot Wave Perspective of Crude Oil. I am interested in trading the Wave 5. Also the price action near 38.2% or 50% retracement level will be taken into notice before entering the Long . Roughly Long @ 48.74 Stop Loss @ 46.99 Take Profit @ 53.00
Reason for entry: Trendline pullback and weekly resistance My personal view, always trade according to your strategy/plan! Stop loss: 1.32850 Entry price: 1.32263 Take profit: 1.30750 Risk/Reward ratio: 2.58 % of equity risked: 1.2% of equity Please comment and share your view, thanks!
Looking for downtrend to continue. Price is at a key supply zone looking for it to confirm this supply level and bounce down.
Range bound for the summer but looking for a good retest of the highs and supply level at 1.012
looking short on the GBPAUD as we are coming out of a daily/ weekly supply zone in the direction of trend. We do have some fresh resistance here on the daily and lower timeframes but I think it will break as the trend continues and we retest the weekly demand zone @ 1.6850
Lots of consolidation here at this trendline that I drew to the downside off the weekly but it looks like price is finally confirming the trendline bounce off the weekly / daily supply levels.