Looking for a 88.6 retracement at 1.06711
With this symmetrical triangle,I think it'll bounce off resistance once more and go bearish to hit that D point
Went Long thinking the trend was going to continue; failed to see that a LH was created and chased price without waiting for pullback/retracement to get back in with the trend. Was market structure broken that I failed to see?
Went long thinking that because of a valid Bullish Engulfing (HL),it was going to continue in that trend. Ended up losing this trade because I failed to see that a HL low was created. I also chased price seeing that the Daily and H4 were in a strong Bullish trend. Didn't follow my own rule of "Wait for a pullback/retracement to get back in with the trend". Was...
Potential Bullish Cypher. Looking for a 78.6 rejection and placing a Buy Limit around1.11560
Looking for a retest off of demand zone. Fib Extension TP @ 1.76582, 1.77816, 1.79599 Thoughts? Criticism?
Lower Highs (H4) but higher lows in an overall uptrend. Setting a buy stop at 0.71850 and TP at 0.75600 (Where fib extension 127 terminates).
Looking for an entry around 41.37. Demand zone at 39.87. 78.6 termination for the D point.
Looking at Bullish Bat completion and 88.6 termination around 1.30993. Thoughts? Is my trendline (support) valid?
61.8 Retracement, I see it breaking resistance and reaching 1.13921 before stalling and falling back down.
At point B, is this considered a 61.8 or 38.2 retracement?