PriceActionTrading

PriceActionTrading

89.00 make or break level. wait for confirmation to enter long/short. 1) 200 SMA H4 2) 50 SMA H4 3) 20 SMA H4 4) RSI DIVERGENCE H4 5) RECENTLY BROKE ABOVE 200SMA AND SUSTAINED WITH A BULLISH PIN BAR 6) 89.00 was a major key level.

PriceActionTrading

UPDATE : H4 PRICE BROKE AND IS RETESTING 0.7836 CURRENTLY. THIS THE TIME TO ENTER? D1 RSI DIVERGENCE. LOOK FOR BREAK ABOVE AND TRADE AT RETEST AREA. TRADE ONLY IF BULLISH PIN BAR IS FORMED WHEN RETESTING THE CHANNEL.

PriceActionTrading

Long only if H4 shows a potential bullish pin bar. Stop : H4 close below 118.4 Target : 120-121.5

PriceActionTrading

Still in play although H4 manages to close outside of the wedge pattern. D1 shows a pin bar closing slightly outside of the wedge i drew after hitting 127.2% of the bullish impulse. I would have shorted at 127.2% if i have not already shorted at 1.5170. Close out position if H4 manages to close above 127.2% Target 78.6% retracement 1.503

PriceActionTrading

3 confluence 1) wedge resistance 2) H4 pin bar cutting resistance 3) 78.6% retracement Enter now or wait for H4 close below pin bar to enter short. Target to close out at wedge support.

PriceActionTrading

sell if H4 closed with a bearish pin bar action at the 134 region, D1 support turned resistance. Exit trade if H4 manages to close above 134.34. TP at 132.6

PriceActionTrading

Only enter upon favourable D1 H4 bullish pin bar/ engulfing action. Exit trade if price manages to close below 116.

PriceActionTrading

Probably area to enter long @176.6 if price do not shoot through it and close under the trendline drawn. Only enter long if D1 or H4 formed bullish pin bar at the trendline. RSI divergence showing at D1 and H4. Trend is still bearish and this is a reversal play thus must wait for confirmation before entering.

PriceActionTrading

Sell at 0.78 retracement, also 1.52 key level. Stop loss if D1 manages to close above 1.528. TP1 1.5015 TP2 1.4915.

PriceActionTrading

Sell at 0.78 retracement level, also 1.52 level. stop loss if D1 manages to close above 100% retracement level 1.528. TP1 1.5015. TP2 1.491

PriceActionTrading

Price at key level after a fail close below key level 135.5 last week. Will look to enter long if D1 shows bullish pin bar/rejection pattern at 135.5. Stop loss at below last week low. Will only stop out the position if D1 closes below 134.5. TP1 139.9.

PriceActionTrading

GBPJPY closes above key level on the W1 level, creating a fake out the key level. Will be greedy and look to enter long around the 176.2 region. Aiming to close out at 181.9TP1 and 185.9TP2. Will close out position if D1 manages to close below 175.5. Look for favourable pin bar or bullish rejection signal near 176.2 - 176.5.

PriceActionTrading

Reaching H4 and D1 21EMA resistance and 61.8 retracement of recent swing down. looking to sell @ 97.00 with a TP at swing support 95.82 and will exit my position if H4 closes above 97.5.

PriceActionTrading

Wait for pin bar/ engulfing price actions to play the triangle formation. With the strengthening of NZD recently, a breakout to the upside could be possible.. However, i would only trade a pin bar/ fakeout at 0.77 or the retracement if price were to breakout to the upside.

PriceActionTrading

GBPNZD key sypport 1.94. After unsuccessfully closing below 1.94 yesterday, look for any H4 D1 bullish pin bar cutting 1.94 before entering any buy trade. Trade invalid if D1 manages to close below 1.94.

PriceActionTrading

sell trade. currently retracing after closing successfully below 119 yesterday. sell at 119.23 for favourable risk reward. ONLY sell if favourable H4 price action surfaces. such as pin bars engulfing bars. D1 21EMA and resistance confluence.

PriceActionTrading

H4 SHOWS A CLOSED BEARISH PIN BAR ALTHOUGH THAT BAR STILL HAS AN HOUR MORE BEFORE IT ACTUALLY CLOSE. WHERE DID THE FAKE BEARISH PIN BAR COME FROM? TRADINGVIEW.COM PLEASE? FIX THIS VISUAL GLITCH.

PriceActionTrading

H4 close above 1.0850 will invalidate this trade. Wait for H4 bearish pin bar to form to enter this trade. pin bar must be more than 30 pips, cutting the 1.0850 line and bearish in nature. More conservative traders can wait for a D1 pin bar confirmation.