A potential involvement in some expected relief at resistance to the highs of or outside return
sl 40 pips Target 1295-1305 Entry now or wait it break under 1322.5
It's been around 7 months in order to the price to reach 1.87000 First of all, we have to consider that the long term trend (weekly) is strongly going in an upward direction but perhaps this double top may be a perfect situation/opportunity for the price to "take a breathe"/go down a little after this massive rally so we can expect a likely pullback right now. If...
Selling the counter-trend retracement Close trade early if Macd goes above Red signal line Short Trade Sell Stop @ 1.3269 1st Sell Take Profit @ 1.3239 2nd Sell Take Profit @ 1.3205 Find SL
Market Double Top near the level I am looking at. The 1st peak has a long shadow and that's pretty cool. Traded this as a counter-trend trade, exact entry; stops and targets share with my subscribers.
Although still in a downtrend (Below 200 EMA I classify as downtrend), a counter-trend move to test the 200 EMA is believe to be imminent. Usually after divergences on a downtrend, there is a move up to the 200 EMA (a test). Sometimes it will blow pass the 200 EMA (gap above it), sometimes it will get cold rejected. With that in mind target 200 EMA. If it...
Looking for opportunity to buy once bullish bat pattern is almost completed near pt.D. Ideal EP = 1.26062 (may change, depending on structure and price pattern). SL: 1.23480 1st PT: 1.27525 2nd PT: 1.29302
If we zoom in on the top of the trend, we are going to notice that the volume traded decreases as it goes higher (In fact, bearish candles have more volume). We see a bearish engulfing candle right in the top of the trend which is a very strong reversal pattern. Price already reached the weekly trend-line (green) and it couldn't stay longer than 3 hours to...
Merry Christmas Traders! We find SPY near the termination of a minor fifth subwave v of Intermediate wave (3), which in turn is part of a larger primary wave One. Primary Wave One should terminate near SPY ETF price 219 on/about 31 Dec 18, after a 28-day decline from 3 Dec wave origin. Chart describes constituent components of Primary Wave One, including a...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Possibility shorting selling USD/JPY FX:USDJPY weekly Prediction Chart time frame - H4 Timeframe - 1-2 weeks Actions on - A – Activating Event USD will see another bull run this week. B – Beliefs Market will be rejected at @114.5 level and move south towards the 113.5 level. This will be a...
I put a short order here now on Savius signal that the bullish is about to turn (both on 60' and 15' charts) Notice how similar the chart is to 2 days ago. Price also touched the POC of 2695 from 2 days ago. I am keeping a tight 10 ticks Stop Loss because I'm sure the price will try to push up to 2700 and 2704 (prices from S&P December, this SPX chart prices are...
Ford was oversold off the grey MONTHLY zone and will retrace back to the reddish INTRADAY Zone I mapped out for a short countertrend gain.
Expecting a complex pullback. We will see how people react once price is in the pullback area.
Only for the brave. Should double-top first. Just an Idea. Not a trade recommendation...extremely risky as this could fly to 50$. Tight stop (set and forget).
7500 -7700 possible short entries depending on PA
EURAUD: Counter trend on D1 ! D1: - Structure: Uptrend - Tendency: Strong upward - However: + Test resistance Daily + Pattern: AB=CD forming?! --> pullback !
Quick counter-trend attempt in EURAUD to hedge my short AUD positions as well. Shorted this pair with tight SL near last Friday's high and TP at -61.8 old fib level (but most likely will move my SL or manually close if price indeed drops as expected then suddenly start to show reversal at 0 fib level (yellow marker). Daily: Weekly: Confidence: C (because...