reasons for long strong support found and wicks are showing that there is strong buying pressure coming in SL under the lowest wick TP at 61.8 fib
LOOK AT THE LEFT 4H CHART!! THE RIGHT ONE IS A TEST FOR MYSELF reasons for short: after impulse to the upside, the whicks are showing srong resistance, and price action also retraced + rejected the trend line already SL above the previous highest wick TP at 68.1fib retracement
reasons for short Strong Key level+ 3rd touch SL above previous high TP above previous low Risks of trade: Trendline Missed by 5-10pips before which could be considered as a rejection.
reasons for short: Daily shows a double top rejection 4h shows break/retest of the trendline+ 4hour 50 ema
Reasons for short: Strong horizontal level + 61.8 fib SL above previous high TP above strong support watch out for the news tomorrow night!
Reasons for short: Break/retest of trendline + strong horizontal level SL above the 38.2fib and next horizontal resistance level TP just above previous low
reasons for short: Head and shoulder formation + strong key level SL above key level TP just above the third touch of the trend line Price action is rejecting a really strong resistance level, in case PA breaks down the triangle I will be looking for a swing trade to the downside, if there is a breakout to the upside then visa versa.
Reasons for short head and shoulder pattern + third touch + fib
reasons for short: Third touch of trend line + key level SL above previous high TP 60pips
reasons for short: just broke a strong uptrend. now looking for a little pullback before it continues lower it is a break/retest of the upward trendline + a third touch of the downward trendline + 38.2fib SL above the 61.8fib TP is the 200 ema and you could push it to the daily 61.8fib
third touch on 2 TL's SL above previous high TP just above previous low
reasons for long: third touch on trend line + strong support level TP under the emas SL under last low
reasons for short GDP news didn't affect the market there is a third touch on a tl creating a new lower high. SL is placed above previous high TP is placed just above previous low
reasons for short: break/retest of trend line+ fib retracement + ema's sl above 61.8 fib TP at next support
reasons for long: break retest of tl+ third touch + fib retracement SL below 50 ema and 61.8 fib TP below next resistance
reasons for short Third touch of trend line + key level SL above key level TP is the 4 hour 50 ema
reasons for short: third touch on a daily trend line + key evel SL above the key level TP at next support RISK of trade: Watch out for the CPI news tomorrow