penguintrader

penguintrader

TP in place. Change in MS. LL and LH Broken 1H trend Rejected off resistance.

penguintrader Updated 

breaks over 2620 to enter long, Otherwise waiting for a retrace on 1H and looking for another HL to then enter long.

penguintrader

1H Chart... Change in MS, still waiting for confirmation of HL.

penguintrader

Still looking bullish, still looking for a retrace to get an entry... Same confirmations - Candles + volume after a retrace

penguintrader

Looking bullish on the 4H Looking for a retrace on the 1H. and HL to commence uptrend...

penguintrader

1H. LL however consistent Hs... Market structure is indescisive though signs of bullish momentum Daily- sitting near 61.8 fib level... however no confirmation of HL not Looking for a clear break in trend and a HH and HL before entering... long.

penguintrader

Overall consolidation /indescision on the 4H/D 1H has broken upwards with bullish MS Looking to continue the trend. Confirmations- Candles + volume on fib levels Entry--- depends on where and if the candles appear.

penguintrader

Just made a LL on the daily. Need a LH to confirm daily downtrend. 4H due for a re-trace Bullish on the 1H. Looking for a HL to start an up-trend in the 1 H. looking to trade it up. Confirmation = Candles + volume P%L tool is just for estimation, entry will really depend on where and if we get confirmation.

penguintrader Updated 

Entered short based on previous analysis. Looking bearish overall. 1H MS, making LH. 4H making LH, Resistance and fibs. Looks like its going down.

penguintrader

Waiting for, break of 1.16 HH and re-test with good volume to enter long. Needs to break the trend and resistance and stay above it That will show that it is likely for the bulls to be in control. Otherwise will be indecisive and wont be a great trade opportunity.

penguintrader

Looking bearish, however big wicks to the upside. On the Daily its still within fib retracement levels - daily trend not confirmed Looking for a breakout as if we can get confirmation then itll likely be a decent trade - need: Change in Market structure, Break in down trend, Break above resistance at 1.18, possibly hold or re-test depending on how it looks. Good...

penguintrader

BTC had a big drop which has pulled down eth with it. Eth is currently still holding trend on the Daily 1H has had a change in Market structure LL. good sized moved. Looks bearish, however going to wait for the dust to settle before revising and considering entries. Hope no one got affected on the last trade, this is why its important to wait for confirmation and...

penguintrader

Looking for shorts on btc. Broke Daily downtrend. LL on the 1H. strong move. Looking for bearish candle on fibs in the supply area/ resistance to enter short.

penguintrader

Currently looks indecisive, best place to be is on the sidelines right now

penguintrader Updated 

Testing a crucial area, Looking bullish currently however momentum is slowing down. Could go either way. What to keep watch for confirmation of direction written on chart.

penguintrader

in an area of indescision, signals for confirmation described on the chart.

penguintrader

Waiting confirmation, looking for longs Nothing is confirmed yet, criteria stated in photo.

penguintrader

entered short.. Downtrend on 4H, Bearish candle, broke uptrend and support. good close, and strong open bearish on new candle