C-pattern is finished now can we go down at 0.38 fibo past strong ressistance.....lets try
15 min chart for in and out day T Bat P. do not buy at C leg!!! wait it to finish at D - then sell if u get confirmation.... be patient....
Building a case agains Bearsih breakout for now i collected 3 reasons to go Long... 1.B>pattern d.complition 2.prevous structure/support 3.continuation UP-trend (support) ---expect from 0.382 to 0.618 fib--- 1H CHART
Bullish D-Leg-complition most of the time ends with lowering the price(as we can see) another thing is Descending Triangle tightening ... it could come back to A-leg support-price which has been respected in bullish rocket! *this is 4h Chart so you have time for preparation,do not take trades before ur kill zones get trigered*
Middle RSI for retesting 0.618 trend support or breaking to 0.786 or 00...... we have some bullish movement at consolidation (2 H-highs up-trend) Buy possition should be trigered at 0.618 (fib support+trend suport ) if it goes all the way down,expect pull-up from next structures support. ---If you looking to short this pair wait for 0.68 and trend support (sweet...
we hit our requirement at 0.00 fib lvl (r and strong support.... now im involved at long to at least 0.5
some low time frame ideas for buyers d-complition followed with sell after wait for ur entrys
setup for 2+ days 2H chart lets see if we can hit doubble bottom support confirmation for buy entry to 0.382 or lower/higher - depends on individual strategy plan Daily is at very strong support !!!
"SELL" idea 45 min chart We have potentional reverse to downside but its too early for entrys UP trend is still valid,and good 0.618 support level for possible continuation UP,so be careful and wait those strong levels of support (trend line and 0.6fib) to be broken so we can jump into ride with other sellers outhere..... "BUY" idea : wait for retest from...
Two possible buy options-- 2H chart 1.(yellow lines) bounce up from big support to 0.382 lvl ( lower box target ) 2.(green lines) with assending c. forming up-trend we can see bounce from trend support to 0.618 fib lvl (upper box) RSI coming into kind of refreshment from oversold....some buy strenght should come into play
-RSI pulling back from overbought condition -Price is into consolidation now, and we can see desending channel! -Cypher pattern going well for now...expecting to D-leg complition -Fibonacci support/target level is 0.618 -entry point is at confirmation of down trend (break of desending channel) ****Trade without emotion and fear of loosing..because even if u...
RSI is overB.... and it was strongest buy in last 15 days at least....we expecting pull down another thing is Bat-Pattern (finished) so from D.leg we have another reason to go down.... aim for 0.5 eventualy 0.6 fibo supports
45 MINUTE CHART overB RSI we have nice ressistance at 0.9755 sell to that lvl nice 1.80 risk ratio
Can price still go up - trend ? is this real break-down ? is this false alaram (continuation trend)? RSI is at half,what can we do...? you have tested support (trend line) you have 2 ressistance (trend and consolidation ) so do nothing now,wait for them to come to you...do not chase
Eur/ shown some weakness this weak Rsi manage to refresh from oversold condition and expect price to get some strenght.... but everything is possible.... 1.Wait for high ressistance(consolidation ressistance) then u will have better poistion to enter buy/sell 2. Wait "next bear station"(consolidation support) for better point of view to go long/short...
30MIN CHART RSI D.triangle is on preassure we have 2 options 1.continue of trend (65%) 2.break down,test ressistance and continue to fall (45%) - 1HOUR CHART
expect 0.236 or 0.00 retraicment for going long.... im not getting involved in this trade if not meet those 2 requeirments because its still going down...
looking for short on this pair my attention is at retest then fall to 0.23 eventualy 0.38 RSI is flyng high