Sell the breakout or Buy the rejection. Trade what you see.
Oil is testing a very strong resistance point, im expecting oil to reject the resistance point. Might be looking for trades for commodities currencies as well
Entering a short position here. Bearish engulfing candle has closed for confirmation
Im looking for a retest of previous resistance level and rejection of the previous level to enter a short position.
Waiting for the retest of previous support
Looking for a rejection of previous support and confirmation to enter a short position here.
Looking for a retest of previous resistance and the trendline.
Could go either way, it could form an inverse HnS. We'll know more after some confirmation from testing previous support.
Wait for the test of the previous support level and wait for confirmation before entering
Wait for confirmation before entering it could go either way. We could finally reverse or it could go a little bit higher before reversing.
wait for confirmation before entering this trade.
Wait for confirmation to enter a long position
We could form a double bottom here, but it could go lower than the previous support level
Wait for confirmation before taking the long position
Looking for a slight pullback to enter a short position
Looking for a retest of previous resistance levels to enter a short position
Waiting for confirmation to enter a long postion
I see a little bit of a potential head and shoulders pattern forming