I currently see a breaking on the monthly trendline. Waiting for a retest on the 4H level before going short at the potential marked zone which is about 61.8 fib level on the Monthly chart.
**TRADING IS SUBJECTIVE AND THIS IS MY PERSONAL OPINION** I am currently waiting for a retracement to the 1H minor levels indicated and will be looking for longs and to possible levels. I will be paying close attention to fundamentals as well. Currently seeing a possible #BULLISH setup playing out and will enter at the levels indicated. Feel free to share...
Price has closed below a Weekly Minor zone. As we can see, previous strong Bearish momentum, creating a new Lower Low on the Daily chart. Price seems to be creating a Bearish correction channel on Daily, which has been in a bit of a consolidation phase, showing a fake out on the 4H. Currently in the Daily consolidation box, I see a Bullish flag pattern which...
Entered short based on D rejection level Entry based on BEARISH candlestick on 1H chart Follow me for more updates on insta @theegarethfx
Price rejected #WEEKLY resistance before falling to #WEEKLY MINOR support. Price Retraced to .618% #FIBONACCI level, #REJECTING 165.30 zone with a #WICK spike. Price created a LOWER HIGH on #DAILY Looking on the 4H, we can see a #BEARISH correction playing out. I am waiting for a second wick rejection before entering a Short Swing to 160.00 level. Low Risk...
Here is an update on our short swing, great trade !!!! HOWEVER, I missed the entry as I was not on the charts for 2 days. It pays to PAY ATTENTION TO YOUR CRAFT. I used the BAR replay to break down the trade where I would have liked to enter. D - Price has created a new LH on the Daily, Rejecting the original Daily trendline area of 168.18/167.70 from our...
Possible GBPJPY Short incoming. Weekly level resistance shows strong Bearish rejection. We have a double top pattern formed on the Daily chart, which closed below a minor Daily zone. We have strong Bearish momentum on the 4H, waiting on the pullback and confirmation for a further push to the downside. Here we are waiting for a simple Break & Retest strategy to...