I do expect price to come down here to gain these stop losses I expect a strong move with a volume increase should wick out for a (Entry Position)
Sell the house Sell Car Sell the Dog !!! Price comes down to 7800ish expect a spike down .. range to complete the inverse Then away we go to test ALL TIME HIGH !!
Price could hold support off the 55 MA if it does I would expect it to come up to complete a H&S Pattern this comes in line with the 50% - 61.8% fib Level form a rejection candle and drop Price could turn around at the trend line if the buyer fades here and gives up look for a rejection candle and for price to fail the 55 MA
Hey Traders Just wanted to put this idea out for a trade setup that may be taking place in the short term Bullish : If the pair holds the 55 I would be looking for a 13 - 34 cross and be expecting a full measured move to 84992 which comes in line with the 100% FIB level The my second more safe target would be coming below @ around 84513 S&R level Bearish: The...
Looking for a pullback or consolidation in the current region on the 1 hr to take my buy set up. Reason: daily is green 4 hr is green as well. iam seeing alot of v formations so I kno the buyers and sellers have equal power and the market is getting ready to make a turn. we need to take out the 10500 10600 region to test up to 11k
Would like to see a pullback here to the 10700 - 10400 level, Consolidate here then continue to test further upside @ 12000 - 12400
I Would Not get too cute with the buys in this area I do not like the volume structure on this one ... You need buyers for sells to work specially big sells !! we still have not pushed threw the GWS !
Would like to see a bounce off the current reversal zone to attract more buyers then a move down to push through the 68664 level