Waiting for bounce off 50ema and breakout of the channel towards the daily rad @ 90.45 (161.8 fib) We have Candlestix Gr4d on daily WEEKLY WE HAVE 123 PATTERN NOT CLOSED ABOVE '2' YET DALIY CANDLE CLOSED UNDER GAP AND FILLED NOW AS SUPPORT WAITING FOR EMA TOUCH BREAK OF CHANNEL AND PRICE TOWARDS 161.8 AND CLOSED ABOVE 2 ON WEEKLY CANDLES M,W,D,4HR ALL ABOVE...
Long if channel is broken to upside M, SITTING ON 50ema W, CGR1 PIERCED BUT CANDLE NOT CLOSED ABOVE. D, CANDLESTIX GR4D 4HR, POTENTIAL BULLISH FLAG - NO GR4DS 50ema support waiting for CGR4D EMA BOUNCE BREAKOUT
Waiting for price to retrace to the 4hour, 50ema and gain momentum to break the channel so i can confirm a Long trade. I see price retracing to 50ema where there is also a 61.8fib level from a previous successful structure. 4hour channel + (potential candlestix) & Gr4d within. thumbs down: No 123 patterns in motion but weekly just closed on bullish 123 last...
D, 123, Gr4d, Candlestix 4hour unfinished Candlestix Gr4d looking for a Bullish breakout out of the channel & also a touch of the 50ema 1hour weve popped above the 50ema and completed 1 CGR and currently at 11:20 we have 1 more Gr4d above current candle with candlestix within range... will also try to trade and build the Algo to trade with these setups
WAITING FOR POWER BOUNCE OFF THE 50EMA TO BREAK THE 'BULLISH' FLAG. TARGET IS AT 1HR 261.8 (GR4D) STOP LOSS: 90.600 (currency strength still shows JPY weak against CAD) Daily candlestix & r4d ¬ Bullish
Shorting to 1.40000 1TP Then 1.38900 2nd TP
Here's some significant structure levels. The buy zone which is in a support/resistance zone shows also a confluence of Fibonacci's retracement ratios.