For demonstration and educational purposes only. Price testing a key zone. This is a watch for now. Watch for rejection and re-testing of key zone over the next couple of weeks. This could offer a possible 3.500 pip opportunity. Trade at your own risk.
Price approaching key zone; ascending wedge formation, with possible exhaustion of movement to the upside. Study price action for possible sell opportunity. This idea is for demonstration and educational purposes only. Trade at your own risk.
For demonstration and educational purposes only. As we study price action we see a flag and what appears to be a rejection on an attempt to rally/buy further. This could be the making of a swing trade. To be conservative, you can wait until this current weekly candle closes and revisit price action again.
As an update to the previous linked idea below. Nice tweezer bottom formation at a key level in the markets; bullish momentum could be gaining. This idea is strictly for demonstration and educational purposes only. Trade at your own risk.
For demonstration and educational purposes. Price is approaching a strong key resistance zone. Ascending wedge formation; watch for rejection, with anticipated TPs at zones noted. Trade at your own risk. This does not constitute a signal to buy or sell.
To note, price appears to be establishing support at a major key zone, with observed higher low price points. This idea is for demonstration and educational purposes and does not constitute a signal to buy or sell. Trade at your own risk.
This idea is strictly for education and study purposes only. I will study price at the zone above and as noted for evidence of exhaustion and the probability for a better entry, possibly. This could form over the next week or so, but there is no confirmation. This is not a signal, advice or a recommendation to trade or invest. Trade at your own risk.
I have not labeled this a short, pending study of price action within this critical zone. So, for now this is for study and educational purposes only. Study, study, study price action in this critical zone and price action. Price action within this zone is very key to whether we will see selling or a continued buy.