Price action recently broke out of a mild wedge into a steep upside channel. I am expecting it to fall lightly into lower trendline support and consolidate for a while finding buyers. I will be looking to go long around 18.59434 if lower channel support holds and we get a nice 3 bar bullish candle formation. I will also be looking at the 2hr chart indicators for...
Abcd is complete and momentum is still bullish channeling up steeply into 1.618 fib levels. Looking for possibly one more small extension into upper trendline resistance around 57.9471. I will be watching for a break in the steep lower trendline to get in short for a drop down to 57.1764 levels around .5 fib of current said wave. Wait to go short when trendline...
Price action had been respecting major levels and recently bounced the 0.236 fib levels up through the wedge upper trendlines with its eye on 1.618 zones around 12.09825. I am looking for it to pullback lightly into trendlines supporting the next extension of this breakout wave. Too high risk to short quite yet, I need to see a reversal candle and indicators...
It looks like price action has completed an abcd pattern with a nice wedge breakout up to 1.618 fib levels. Soon it should find some resistance from January 2017 highs around 1.394 zones. Price action is well above lowside trendline and within channel allowing for a nice 0.786 fib pullback into trendline support. I will be looking for exhaustion candles above...
enter at point d of cypher @ 1.618 fib and trendline support
Small Scalp befoe london open. tight stop loss see if it goes anywhere
Possible price action patterns to watch over the next few years and long term levels
levels and patterns to keep your eye on over the next few days
levels to watch for upcoming london session
Entry Price- 1.236735 Stop Loss- 1.2355 Take Profit - 1.23835
Entry Price - 106.4785 Stop Loss - 106.373 Take Profit -106.585
Entry Price 1.23955 Stop Loss 1.24078 Take Profit 1.23831
entry - 106.655 stop - 106.549 take profit - 106.762
entry - 1.23955 stop- 1.24078 take profit - 1.23831
xabcd extension - first leg of 3rd wave at top of wedge/tr resistance @ entry level - 4th wave short trade or small null wave into 3rd wave leg2 extension wedge breakout
Scalp Log 2:40pm Pst Target 15 pips long
Scalping Log 3/11/2018 2:22pm PST Usd/Cad Long 15 pip target