short trade still in play. looks good to set up a possition
as you can see price is just at a confluence of the trend line of the triangle, a good resistance and also if out of the bollinger bands. crude stock rise 0.85% so i still short with oil. this could be a good short trade. don't miss it.lest find a short confirmation
i think price will go down and bounce at the support of the channel. then there will be a bounce or a breakout. mad shows divergence so i think is more possible a breakout, but if the price goes down one more i wanna see more divergence with the move
as you can see price tested the trend. im looking 44.3 zone. what do you think??
if price break the support of the estructure i will be short to the 1,1210 +/-
sell the breakout. i will be watching oil, cause in a bigger picture as you can see price has been correcting so i am waiting for a fast huge move. most possible down, but we will see
as you can see price is just at the trend line and macd is showing divergence. there is a possibility that price go little lower, but no more than 12$. lets see what happen in few days and if price break the estructure you see by the up side, i will be a buyer with take profit around 20$ lets find a good entry point.
this is how i am trading the eurnzd i posted. the break out of the little support will confirm the trade.
sell the break out if you understand the trade and also if you agree with my analysis
sell the break out of the estructure, i will put my trade at break even at -027 fib level and let it run to the support of the main estructure. what do you think??
i want you to see this to understand the trade set up at 15min chart i will post after this post. there is a clear H&S, price broke the neck line and there are some candles in side ways just below the neck line (good sign for sell). also the main move that price is making, is a correction, so i wanna sell in 15min chart with take profit at the support of the main...
lets wait for the break out of the estructure to sell. remember that price broke a good support few days ago and made a huge fall, then made a correction and also price broke out the correction then made a pull back and is back at the falling. so the main pressure is down. what do you think??
i am selling this pair right now. good risk reward. trade if you understand the trade. what do you think?