price is currently pulling back after failing to break to the downside i will be looking for a bullish engulfing candle to get long
price has fell in a corrective manner near the demand zone from where it shot up im expecting a break of structure to the upside to enter a long trade
Price has given us a support structure to place our trade ideas from we see a higher low with a slight incline angle suggesting that price is not done in trying to reach the top i will be waiting for a break and close above structure on h1 to get in a long trade
we see a breakout and retest of previous support structure i will be setting sell stops to catch the breakdown
we see the turn at the daily resistance we need a break and close below the highlighted level to get in a short trade
I am waiting for the break of the correction and close below resistance to get short
on the daily price made a higher high and rejected on the bigger daily resistance now price has impulsed down forming a correction im expecting a impulse to the downside
on the daily we have a downtrend playing out and price has not reached the resistance to create another lower high .. i am looking for price to possibly test the previous level of support and go up but i will only enter when it breaks and closes above the highlighted resistance level
potential head and shoulders forming wait for break and close of neckline on H1 to enter short stop loss above shoulder
price has hit the daily resistance on CadJpy now we see a correction forming i will be looking for a break to the downside to enter sells but i will only be really interested if price can break and close below the previous resistance level if you look to the left in green
we see a break of trend after correction pattern price is showing me bearish signs
in relation to yesterdays idea which did not happen exactly as planned my view is still down we see price has impulsed to the upside twice with the second impulse being shorter meaning we sense weakness in buyers beliefs that this pair still has play to the upside therefore i will be looking for a break of the current 15m corrective wedge that has formed to enter...
im expecting price to correct before impulsing down wait : NB wait for the corrective pattern to form dont trade now
we could see a completion of this expanding pattern for the Pound but if price impulses to the downside and break correction pattern support i will update trade idea to a sell but for now we seems to be going up we also see a sort of AB=CD pattern with the first impulse leg highlighted in purple being the exact impulse it would take to complete the expanding pattern
i am waiting for the retest of the bigger trend but first price should correct then retest
price has corrected upwards meaning bulls are not strong enough to push the market up if we see a break and close below highlighted structure we might have a impulse to the downside ...look for sells
seeing price at previous resistance level and forming a corrective pattern im expecting a impulse to the downside
we see price has broken out of corrective structure we will wait for a pullback or correction on the 15m to go long