On D1 we have strong upward, with correction only 38%. On H1 there is a zone of 62% retracement that is very close to the 38% retracement. This is DiNapolli level. Also there is strong base of upward from this place (26-04 4 PM CES).Watch price action in this zone.The trade can fulfill tomorrow.
Hi folks. I want to share my idea with you. On D1 timeframe we have clear downtrend, so it's good idea to jump into it. Now the entry is a bit delayed, but we can wait till 61,8% retracement, so it'd be delayed entry strategy strenghtened by Head and shoulders pattern. Good luck!
In middle-term we still have downtrend. But it can be a beginning of a new uptrend. Why? Because we broke trendline, we also moved higher than the biggest correction in downtrend. I still put the broken correction on the chart, because it can work as a magnet from opposite side. I'm assuming that it can be a new trend and I want to join the move.
FX:EURJPYHi there. I can see good technical place to short this pair. There is supply zone, harmonic pattern, ab=cd simple correction and 0.618 of the entire downward move.Watch price action at this zone. SL above X, TP 1: B, TP 2: A. Good luck.
FX:USDCADHi there.Good setup is comming.There is supply zone, harmonic pattern and running correction in the game. Watch red level and price action. Don't enter until there is confirmation, because dollar is very strong.