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LONG.. Simplest Market Pattern Bullish Pennat 15M/30M
Enter lil above the pennant use Fibs for TPs
Relative High was broken at Purple Horizontal Line
Price should retest in found support then take off !!
Structure was broken on the DAILY TIMEFRAME!!
NEXT WE draw fibonacci and wait for price to pull to a PRZ
Wait for a bearish variation at one of PRZ's
ENtry on Smaller timeframe
BOS on 4h !
Looking for Price to HIT -27.00 (1.33943)
May continue up MORE!!
Price Broke structure , Came back up to retest Previous Resistance and is now headed DOWN
-MA shows downtrend
-Finding Structure at 61.80
-Retest New Found Resistance on Daily
Lets see how far it GOES!
Beautiful ENTRY!! SHOORRRTTTTTT!!!! NO RETEST NO ENTRY!!! I WONT EXPLAIN JUST WATCH IT FALL!!!..
****Im really humble TRADING just MAKES ME CRAZYY!!!!*****
NICE Head and Shoulders forming! I'd say look for a nice entry(Candle stick patterns lower time-frames) and SHORT!!
Price approaching trend line/ PRZ 88.6, expecting a BREAK(BUY) or Bounce (SELL). **My Ultimate Bias is a SELL but NOTHING is set in stone with the markets LOL**
Looking like a nice SELL. I would wait for some candle stick patterns/variations and watch it FALL!