this looks great in this moment: -61.8% fib already tested -false bo from the descending channel bottom -old lows were also tested -PA tells me it wants to test at least the MAs
starting with a small position here. reasons: -divergence on the hourly -false breakout with the last low made -on smaller timeframes we are above the moving averages
looking here for a long after we broke the small double bottom patern starting very small again with this end of year and adding if going into profit I do not mind holding it for a longer time since the carry is positive :) One target can be the the 100SMA on the 4H but depends a lot on the price action
Starting a position here. Reasons: -61.8 fib; -a lot of negative days; hoping for at least one green day; -this looks like a retest of the previous area(1000$ level); I will follow the PA to see if I add or close the position.
entering a small long here playing an early false brakeout
Small long here, I will add depending on the price action. Reasons for the trade: -acceleration to the downside -anticipating a false breakdown(maybe the add will be after we get back above 950) -divergence on the daily TF -some round price numbers
going long here after the acceleration expecting another low since we are not diverging so starting with a small position
catching a small knife move countertrend here starting small will add if we will have another acceleration to the downside
Going into the end of the year, I believe this is a good trade. we are not at the 61.8 fib retracement and acting weak above the moving averages. First trade small and I will add even on the upside until I have a full position
the break of 1000 was a false breakout? I do not know, but I will try a long here risking the lows + some change
risking 35 pips for a very short time frame to see where this goes I will probably add if it will go in my favor
trying another long here after we are under the 0.382 fib level the position is small, and I will add if we make a new low.
trying long here with the OIL at these levels small position and adding if will make another low, but only one time, no averaging down forever :) went 14 pips already after opening the trade
China news are more often.. I won't mind if the prices continues to go down, because of the low risk of my position at the moment. Confluences: -false brake-downs -61.8 retracement -buy the rumor sell the news -MAs work
after a surprise in earnings on 2nd Aug, the price action looks very good big volume, gap up, above all MAs, and holding 10dma very nicely if long, I would close my position if the price closes under 20dma
PEPPERSTONE:NATGAS is right now at the 61.8 percent retracement from the last move higher. The price action does not look good. But what can stop the price from moving down? -we have the 4H 200MA to at least slow the move down -dotted blue line that goes back months back -61.8 percent fib just mentioned
at the moment we are at the 61.8 fib retracement from the October 2022 low to December high I know that one Central bank is dovish and the other just hiked, but maybe it is already considered into the price before this move we had big divergence on the 4H
earnings surprise with big volume up stops under the low of yesterday or below 13$ for a longer term trade