GBPUSD hit the top edge and reversed, but there is no clear-signal for a bearish, actually there are bearish pinbar, tripple-candles bearish pattern, but I don't like those, I like a clear bearish pinbar at the top, or a nice bearish engulfing candle to decide entering a trade. I will wait and see.
Finally it broke out from both small and big channel, but now no patterns, no tredning line, so just wait and see
USDJPY approachs the edge, wait for a confirmation, but looks like it is collecting strength to breakout and goes up
Let see if the support lines are going to be broken
I'm not sure about this as it is in a Weekly candle
A sell limit order placed at middle of the last harmer candle, with a RR ratio at 1:1.55, how do you think?
It is time to keep tracking the Gold price!
After a long bullish period, is it a change for a bearish in short term? MACD has 6 bearish candles already but still no confirmation, would it take an other huge bullish or take a rest? How do you think?
This one conflicts with my previous idea about USDCAD. After reviewing the strength between USD and CAD, I think USD will break resistance level to move up. If this is correct, than this will make more sense to my other ideas about GBPUSD (Short) and AUDUSD (Short)
Waiting for a react to current support level, then hit the nearest resistance and revert to follow current D1 trend. How do you think?
I plan to take a position when market revert 50% of the previous D1 candle (which is a bearish pin bar), 1R:1.5R. How do you think?
It seems like a confirmation (a pin bar) after hitting strong resistance level, then place a sell limit at 50% of the pin bar candle, StopLoss 2 pips above the pin bar candle. Let's see if it will work
The waves are formed into a down trend, why is it going sideway? It is 3 days already and now it seems going up again. Please leave your comments below and help me to understand, really appreciate, thanks!!!
Let's wait if we have a bearish engulfing candle on D1 chart, after the pin bar (probably), then put a sell stop at 50% of that body candle
Current state: downtrend + overbought => Sell if current candle closes bellow red line (engulfing bearish candle)
EURGBP is going into the triple-supports area where it hits EMA 50, just crossed the trend line but not completely, and the horizontal support area from previous waves
People are getting back with crypto currency, the total market cap is recovering and will be $500 bil soon. Please leave your comments if you have any ideas, thank you.