GOLD is now at a key area. I am looking for wicks to get liquidity to go to the downside. This pattern has played out time and time again on gold and it is currently at the neckline. One the volume I am looking for comes in I will look to go short. Just at a key area and looking for entry reason. Check out my previous write up on gold which I did take and I...
Price has spiked up to collect order and I do think it is now ready to move to the downside. Bulls trapped.
roll over into new lows. great r/r lets see. i have had too many ls
Looking ripe for shorts here. I am currently short around 155.150 Lets see if this will be a winner. Shaving off profits on the way down
Selling here on EURJPY lovely price action and pin bars at resistance and breaking structure on the lower time frames
Up to major resistance. Waiting for closure and confirmations before entry. Price reaction from here and potentially a break of structure on the lower time frames can validate entry. The 30-minute candle stick is very key here for me. Must be aware that the 4 hourly last two candlesticks suggest pressure to the upside.
Looking to get into this trade now on the lower timeframe wicks to the downside. Hoping to set stops to break even before FOMC.
The pattern seen in the blue boxes is my most profitable trade confirmation ideas. Wait for the formation to break with a double top. Exhaustion wicks to the. upside and enter on the retest. More often than not it retest and stops above the double top which is not too far off so stops can usually be tight. This is just an example on the daily but in this thread I...
tight stops on CADCHF. two lovely hourly closures pin Bars. .5% risk.
Looking for a short entry on EURNZD . Expecting this to have some hard selling off in the coming week
CADJPY sells here on the hourly closure. Will be adding half a position here with stops above the 92.200 level. Another half will be added depending on how it plays out. I would love to see some kind of push above to wick into 92 where I have another order for order.
Shorts. Multiple Wicks at this key level of support resistance. I have already entered short but this is a key level of value. 1.52300 is a level to beat. Once there is definite rejection stops will be set to break even.
GJ has been rejecting this level consistently over the past week and it has made some wicks to the downside again. Lets see if there is at least some kind of rejection again to the upside. Once there is a bounce make it risk free as soon as possible.
Long Longs longs Pin Bar rejecting that level again. Hoping for some follow through as pressure is to the upside based on the wicks
Exhaustion Pin Bar collecting orders with pressure to the downside. May form a double bottom so TP is just above the lows., Lets see if this plays out.
CADJPY is at key weekly resistance and given a double top formation there. Entry has been on the double top break and retests with a 30 minute pin bar closure to confirm entry. Will probably be looking to swing this if possible.
Very high potential set up to sell off at previous all time high or at minimum get bearish pressure here.
Added my second position on EA. Key resistance and printing a very good pattern with rejection wicks.