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using TL/SNR as entry and target.
previous support became a resistance then it broke and is now currently being used as a resistance.
last post on euraud got stopped out due to the fact it came back to retest the 50. Stops shoud've been a bit higher. Now that its tested the 50 fib... we should see a continuation to the downside. First target will be at the blue zone. Once that breaks , im expecting for it to continue down to the 2nd targeted area.
3RD TOUCH, BEARISH ENGULFING, 38.2 rejection. Currently in s/r zone. Expecting a break below. Once that breaks, TL will be the target. Once that breaks itll be the confirmation to its downside movement.
3 touch, previous resistance now a support. Textbook analysis.
61.8 rejection, bearish engulfing. LH-LH-LH. Once that CTL breaks, thatll add on a new confirmation.
No need to explain. waiting for the completion of the last fall ;)
after major rejections at the resistance, I think its finally got enough juice to shoot up pass it. Once that resistance break, its def gonna go up.
LH created followed by a 50 rejection. Expecting a nice fall and break of the blue zone ( support)
once that TL breaks, we're going to see it drop hard.
Currently waiting for a rejection of the fibonacci level. maybe the 50 fib. We shall see what happens around it and how it reacts. good RR as well.
Marked this one last night but never published it. Im expecting a short based off the TL break and the 50 fib rejection. Tight SL above the 61.8. Good RR. Lets see where it takes us
nice RR, CTL break, retest, 61.8 rejection. Just as long as the TL is intact, we should see a nice long position. a break below will change my mind
Looking for a entry at the S/R for a bounce back. If it breaks below then im going to look to short it. But for now, im expecting a fall to the TL/FIBS then a nice rejection for a buy.
CTL, fib 50 rejection, creating a possibly new low
CTL, major reason is the support break which was a main one. Im expecting it to fall from here to the main CTL .
CTL, created new lows so im expecting a new LH- LL. Looking to get in on a fib rejection .
CTL break, retest of the CTL, target is a S/R ( bluezone)