Looking to enter shorts on a pullback to retest the broken ascending trendline and the currently descending trendline in confluence to our 0.618-0.65 fib retracement area, ultimately creating a golden pocket to open our positions from. Furthermore, there is a strong historical S&R zone which can act as a rejection spot for the price.
Intra-day: Looking for a pullback to retest the recently broken hourly trendline in confluence to our 0.618 fib retracement and a strong hourly support area. Swing: Assuming the intra-day setup plays out in accordance to the plan, a strong short setup is formed on the respectable descending trendline in confluence to the outer 0.618 fib retracement and previous S&R area.
CADJPY slowly approaching to retest the descending daily trendline, which ultimately can experience a rejection from it. Looking to open shorts near the 0.618 fib retracement and previous level of S&R.
The market after consolidating below the 41 area has now break the Daily structure. We will wait for the closure of the daily candle and check for a long position at the retest of it to set a long order according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in...
IOSTBTC nice breakout on 4h, now we are waiting for a retest According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
The stock has come out of downtrend and pushing towards the upper range Currently buyers exhaustion ( retracement ) can be seen --> MFI also started decreasing --> expecting price to come to red zone than continue its push to the 240 target range Trade Setup : When price comes down to 215 Level --> SELL PE option which has value of 5rs ( possibly 205,200)
Hi All! Hope you're keeping well and having a great weekend! Just wanted to share a personal analysis I've made on GBPCHF! Please feel free to comment below any questions you may have! With GBPCHF, I would personally like to see some movement to the downside towards the marked 4hr structure, to retest it as a support for price then to move back and follow the...
Good Day Everyone Here's an idea on the EURJPY pair, we just broke above the descending channel overbought on multiple indicators which may signal a correction or retest of the structure then continuation to the upside. looking for long entries on the pair should everything be...
EURJPY currently finds itself trending within an ascending parallel channel after successfully breaking out of the descending trendline. We will be looking to enter longs on a pullback towards the 0.618 fib retracement, in confluence to our outlined parallel channel and the previous level of support.
EURUSD broke out of the ascending trendline last week and now retracing back to retest it. We will be looking to open shorts on a pullback towards the 0.618 fib level, in confluence to the previous level of S&R.
Selling EURCAD on a pullback towards 0.618 fib level to retest the previously broken ascending trendline and continue to the downside.
AUDCHF broke out of the ascending trendline on lower time frames and is currently trending within a parallel descending channel. Looking to open shorts on a pullback towards the 0.5 inner fib retracement zone - which outlines perfectly with our broken trendline. If we fail to see a rejection/bounce from the LL of the descending trendline, cancel order.
Hello everyone, I will keep it compact as always: WAIT FOR THE RETEST! 1. Downtrend on the H4 timeframe 2. Chart is underneath the SMA 50 3. Wait for the break and retest 4. If it is rejecting the retest, I will go short on this pair. 5. Keep it simple and be patient I hope you like it!
Good Evening Wzr. ahh...People! After the Setup from today morning failed and we retested the Friday High's on EURUSD i think we will get the best entry now possible. Market retested the High which is also between the 61.8% and the 71.5% FIB REGION which i really prefer. Stops are 15 Pips above the 72% fib level. Risk reward 1:3 Thanks for reading. just...
Looking to open short positions on a pullback towards the respectable descending trendline, 0.618 fib retracement level, and previous level of support which is now resistance.
If price breaks the trend line and quarter level then i'll be looking to take a sell position.
CADJPY is making its way back up to retest the previously broken ascending trendline. We will be looking to enter shorts on the 0.618 fib retracement level.
Looking for a pullback towards the o.618 fib level to potentially retest the current descending trendline