Bar 2 and 3 are inside Bar 4 Fakey Signal Pin Bar on Daily I think on opening a Sell Limit at 50% of the pin bar or a Sell Stop (Safe but the risk will be twice the reward) What do you think ?
Previous level at which Price Bounced back. Inside Bar Formed on Candle 3 and 2 Candle is a PinBar (Combo) Candle Already retrace more than 50 on Candle. Why not opening a Sell order and place the Stop Lost a little bit higher than Candle 1. Low risk Vs Big Reward.
AJ daily chart We have a potential short opportunity facing strong multiple resistance zone. Near the same area of the Gartley Pattern PA is only a guideline of where we will be paying attention for trade setups and opportunity’s. Good Luck.!!
The recent rally on the EUR has pushed price up into our previous structure highs. Needless to say this will be a level that I'll be closely watching in today's trading. Akil
The major yellow bearish TVC:GOLD wolfewave was shaped successfully on 07 June as the price didn't manage to break through resistance area of ~1295-1300 and thus formed the peak at point V. Currently, the minor purple wave is forming on H4 and if successful, is likely to re-test previous resistance level once again. Provided that new double peak will hold...
NZDUSD Price is forming ascending triangle we have EMA's cross also. Let's see if Resistance will hold or price will broke it all depends on news today.
RSI Divergence. Strong resistance level Upward movement losing momentum, even showingsigns of making a 1st lower high Elections coming with poles giving tories winners, strengthening the pound against the euro TP: 0.894