Saoldric

Saoldric

we are currently at a level of confluence.... The fibb levels currently line up with significant support levels, a possible diagonal support level, record number of down weeks in the past few years... .can we blow past this level? yeah, proper money management or SL's will determine if you can take advantage of this potential trade. The major trend is down, as...

Saoldric

following 4H MA's down to complete the MACD divergence on the Daily chart, down to around .825 to TP. Then going to start positioning long on a geometrical setup or a solid break through the 4H MA's,

Saoldric

it didnt post 2 charts, reposting, i wish i could delete this.....

Saoldric

I have entered a short to capture a retracement move. i dont know when it will complete but it will. My long has a TP at 96 and will be entering another short then if it hits there first.

Saoldric

broke out of a compressing triangle and we had a nice retest. we are are also in a upwards channel. taking 33% of my position off at first tp, setting SL at entry. The remaining 80% off at 2nd TP and letting the rest ride.

Saoldric

A Megaphone Top also known as a Broadening Top is considered a bearish signal, indicating that the current uptrend may reverse to form a new downtrend.

Saoldric

this chart is a bit messy but i think that it includes most of the trendlines that are worth taking note of. MACD has rolled over and is signalling a long position. there are a few possible wedges that could be drawn, we are already below one of them. Im looking for a retrace to around 1.373 and looking to add more shorts. The large red line is a weekly...

Saoldric

price has reached the the bottom of the channel and has bounced... MACD has been at an extreme and looks like its about to turn over. Looking to take half profits off at 1.089 and let the other half run to top of channel while setting the stop at BE.

Saoldric

lime green lines are TP zones, there are 3 on this chart. I will take half off the table at the first TP zone and let the other half run to the 2nd at .9218........on the break and retest of this i will enter again and target the .909 area with another trade plan.

Saoldric

looking for a retest of the lows again, was a good retrace back to a nice level which gives us a chance to put on a nice short trade with a good R:R of something like 1:3

Saoldric

looking for a retrace to at least the 38.2% fibb level, which is at a strong looking support level.

Saoldric

have a good looking divergence and we are within an expanding triangle. Going to try to play a retrace with a decent R:R ratio. But watching out for a break in the triangle, it seems unlikely that we will break it without a retracement first though.

Saoldric

looks like we are probably going to get a near term bounce within the next few weeks... Looking for a retest of the broken triangle and going to have a long term target of around 1.23... If we get a move past the underside of the triangle, trade is invalid, R:R is excellent on this trade

Saoldric

broke out and now its doing a retest of the previous support level. Scaling into current buying pressure and have a SL about 30 pips from the neckline.

Saoldric

going to be adding into to any retracements.

Saoldric

2 period trades you could take, the retest of the green triangle and a break of the upside and we could see prices around the 100 mark. the red triangle either range to the top of the range of the triangle or a break to the upside of the red triangle.

Saoldric

looks like we maybe entering a phase of consolidation. Trying to take advantage of a ranging environment... Feels like a safe trade since if we do get a continuation of the trend we are positioned appropriately.

Saoldric

divergence signals a retrace back to around 140.00 -140.34 at least.