Why I am waiting to short this pair? - Made a lower high and signed there was a resistance around there. - Broke the trend line downwards. I am waiting the price to breakout downwards on recent support around 132.55 and waiting to retest or made lower low on lower time frame, depends on the price action later on. If the momentum was strong I can jump in on the trade.
Price made a lower low and indicated that the market in downtrend. On last Friday, the price broke last low and made lower low then made a pullback to retest also confluence with Fibonacci Retracement at 50%. Waiting on the price made a second retest or made a little lower low on lower time frame to enter short.
On the 4H chart, the price has already broken the down trend-line. Also, there was a rejection of recent "support to resistance" level. All the indications tell us the bias of the market is bearish. Find the setup on the lower time frame that fits your style trading.
From daily chart and 4H chart, this pair is still on strong downtrend. Re-entry after break trend-line on H1 chart.
Price has made a new lower low on the daily chart since January 2019. On the 4H chart, price breaks the trend-line, it indicates the price wants to move up so it creates a contradiction whether the price wants to move up or down. Keep an eye on the yellow area, if the price makes a pullback from it then ready to make a sell setup, otherwise if the price breaks...
The price has reached the support or flip zone on the daily chart, also on the 4H chart, the price breaks the trend-line and already makes its pullback. We expect the price now is moving down.
On the daily chart, the price has broken trend-line. On 4H after the price breaks make a pullback and coincide with 50% Fibonacci retracement. The bias right now is bearish, keep an eye on lower timeframe to make an entry.
The price made a huge rise in the daily chart. At the 4H chart, the price was freed from the wedge pattern and moving up. Look down to 1H chart after makes a new high the price makes a pullback. Time to get in position.
The price makes a huge drop, you can see from the daily chart. Look down to 4H chart, the price makes a pullback to supply area and moving down. View 1H chart, the price once again makes a pullback after rejects from the supply area.
This pair breaks daily up trendline, on 4H shows clearly after breaks the trendline it makes a pullback. Keep an eye when the price makes a pullback, you can find a precision entry on the lower timeframe.
After break daily up trendline, the price reaches the daily support area. On 4H the price breaks up down trendline, wait for the pullback to set long setup. Caution is needed for the price almost move ranging for a while.
On the Daily chart after breaks the high since April '19, gold has made a bullish sentiment. On H4 time frame, the price breaks the up trend line and make a pullback to the trend line also there is a demand zone. If you put the Fibonacci retracement, it is also on the 61.8% retracement. A strong indication to make a buy setup with the target price to 1550, still...
On the daily chart, the price breaks the down trendline. After makes a higher low, now this pair is in bearish sentiment. Spot a pullback on a lower timeframe, pay attention to the hot zone around 0.66300.
Bullish sentiment on this pair is finally turned into bearish sentiment. After the price breaks the down trendline on the 4H chart, it intends to go down lower to the target price around support area 1.30600. As you can see on the Daily chart, the price makes a pullback and continue its downtrend. Find sell setup on the lower time frame which is at 1.3145 there...
1.3144 On the daily chart, the price breaks the resistance line. On the 4-hour chart, after the price makes a higher high it pullbacks to the 1.3144 now as a support line. Also, coinciding with 50-61.8% Fibonacci retracement. Pay attention to the pullback and set setup on the lower time frame.
On the daily chart, the price breaks the up trend line and makes a higher low. On the 4-hour chart, the price makes a pullback to flip zone where we set a buy setup. On lower time frame 1-hour chart, we should find the precise entry. It depends on your own trading system.
On the Daily chart, we can not see the trend so we assume it is been ranging but there is three soldiers pattern. The other hand on the H4 time frame, it is clearly on bearish sentiment. Look at LH, LL, and also coincide with 50% Fibonacci retracement. Set sell setup on lower time frame or wait to make a pullback.
On the Daily chart, the price has made a higher high since the beginning of the month. Need to pay attention to the Weekly chart that still uptrend, it is possible that on the Daily chart make a counter-trend. On H4 time frame, after the price makes a higher high it is moving down make a pullback. There is a demand zone and coincide with 61.8% Fibonacci...