Based on monthly, weekly and daily time frames. The market it hitting a key support level. Close analysis shows that sellers are weakening in strength. A reversal seems evident and the aim would be the resistance level on the daily time frame. How would you enter this one.
Based on the monthly, weekly and daily support and resistance levels the price seems evident to drop down to the old support level of the daily time frame. Taking into account the engulfing pattern on the daily/ 4h and 1H charts. How would you enter this trade?
Based on top down analysis from the Weekly to 5 min time frame. It seems like price can break and fall. On the 4 H time frame it is the retest of a previous support that turned into a resistance in a down trend. There is an evening star patter on the 5 min frame. How would you enter at this point? AUD/USD.
Based on top down analysis from the daily to the 5 min time frame. It seems like a continuation might be evident. My stoploss is based on the 5 min chart from an engulfing pattern and my take profit is at the a support level from the 4H chart. What do you think. what would you do?
The USD/JPY seems like it is forming a continuation pattern. Based on the trend and support and resistance from higher time frames. How would you enter this trade, adding stop losses and take profits?
Based on the weekly, daily and 4H trend. A reversal pattern seems evident. Going long with the pin bar signal on the 30 min time frame could be good. The risk to reward is good. Is this a good idea for an entry?
