pullbacktrade

Step #1: Identify a Bearish Trend which is characterized by a Series of Lower Highs and Lower Lows Identifying the direction of the trend should be a fairly easy process. The easiest method that our team at Trading Strategy Guides likes to use to identify the trend is the swing low and high structure. In essence, an downtrend is defined as a series of lower highs ...

Now that price came to our major structure levels on the daily we seem to be having a hold.This indicates a potential buy for as confirmations of double bottom,higher high higher close and pullback have occured I'm entering next bar market on this one.

Gold is moving towards 1295, the 0.618 retracement of recent gap and .236 fib extension resistance of previous bear leg. The established trend remains bearish and lower lows and lower highs are evident on 240 graph. Higher TFs show that there is a potential for support as continuation of bigger bullish move on weekly might attract demand so staying alert for a ...

USOIL is seemingly done painting a pullback pattern. It reached 0.618 retracement level of previous bear leg, as well the 0.236 fib extension is pointing to the same level. If this market continues with the recent downtrend, these two levels should attract supply and a break to previous lows can potentially occur. The inside fork's MLH on bear impulse move pivots ...

EURUSD is gaining bearish momentum after hitting the 0.618 fib retracement of last bear leg and reaching the upper MLH of inside fork based on the entire bear move since its peaking. The market at this point normalised the oversold condition and the 4H 150 MA is reached, making it a perfect spot for trend continuation players to step in. Selling 1.1790 with a 55 ...

AUDUSD - Buy the pullback to 0,7590 with target 0,7640

Hello guys, For this month my trading review for GBPJPY is SHORT-term. Because what i found on weekly chart there already break lower trendline. So i decide to find KEYS LEVEL for PULLBACK area for enter the short position. This time i will use Stoploss around 200-230pips by the way my average or REAL stoploss trading what i use below 30pips but for this time i ...

PROS The dollar is getting stretched ahead of NFP data RR is 1:2 Resistance reached at 95 level CONS Safe haven appeal of $ in recent turmoils Risk of very strong NFP

The Question right now is; "At what level of major support will this pullback end?"

Guys, I think the chart is enough clear and no need more explanation. However, keep in mind to enter at the right time in order to catch on the overbought area. Please let me know if any comment.

Hey Traders, Here's a look at a trading idea that I have on the USDJPY to start the week. Akil P.S. How about that Bale goal!

After the huge selloff on this pair, on the weekly/daily timeframes we have rejected a key support area as well as a long term trend line with a low test candle on the weekly and bullish momentum on the daily. After seeing this, I always look to the intra day charts to see if there is any sign on a trend change. What you can see is a triangle/falling wedge ...

With the DXY still above 93.00 and yields pushing multi year highs, and Core PCE which is the FED's inflation measurement now at 1.90% there is a strong case to be bullish the USD. Having seen a cool down in regional risk sentiment and the unexpected miss on Japanese GDP i can only see the pair going one way. There is a positive rate differential and central bank ...

Looking to play a short term pullback play on EURUSD. We are at a very nice level of 1.185-1.19 with the weekly looking to form a low test candle at the 50ema. The daily has rejected this area with some strong bullish momentum after deceleration. After seeing this, I go down to the lower timeframes to look for anything that is telling me the trend is changing. On ...

A: SUMMARY – WAIT for a SHORT POSSIBILITY @ 128.999 WEEK CHART : https://www.tradingview.com/x/CwVhR7zv/ 1-Last Thursday 0503 Make a Pull Back, probably now continue DOWNWARDS move!! >also @ 129.516 Zone of WEEKLY S/R >Price at DAY Channel & H4 Channel LOWER Band. DAY CHART : https://www.tradingview.com/x/ensD876z/ B: This Coming WEEK Analysis: >Look for a ...

https://www.tradingview.com/x/lPitYSWQ/ NzdUsd is on a downtrend and forming a pullback trade previously. Good probability for it to retrace into the 0.7328 to 0.7330 zone and enter at price action signal might it be a DT or 3 reversal candle. If price action moves into the redzone and form a L3C, a decent 1:1 RR target can be made towards previous structure ...

Hey Trader's - For the second week in a row I wanted to share with you a classic price pattern called the Head & Shoulders. Akil

Hey Trader's in this video I share with you a second strike entry on a structure based shorting opportunity on the EURGBP Akil