Price has been consolidating around supply zone for the past couple of days. Price is trying to breakout of triangle now but I am looking to enter around the time of the GBP news in 2 hours. Price making higher highs & higher lows after breaking out of its daily downtrend line last week. Direction could go either direction thats why I am waiting to set my entry...
Watch for break of counter trend line, Price so far respecting possible supply zone. Will look to set another entry closer to the time of pound news. MA's still to the upside & still expect more upside to come! Lets see how it plays out : )
Clean break / retest on its downtrend line. Multiple rejections to support area & weekly trend line as well. Looks like a confirmed trend reversal, will wait for pound news early tomorrow morning to look for an entry. 1.6400 area is now its recent support. :)
Price was making lower lows & lower highs, but after multiple rejections to supply zone (Blue Rectangle), we see price push back to the upside & breaking though its downtrend line. Will expect a break of 1.64 resistance level & retest to indicate if this may be a trend reversal or possible false breakout. Looks like a solid long term opportunity will watch price...
Price came back to daily support / daily trend line then bounced up. Watch for break of counter trend line & strong push though 61.8 level to go long, uptrend line was respected as well. Giving this pair another shot.. ! Trade with care !
Price in a strong uptrend & no indication of trend reversal, price came back to make a lower high on the (hourly) time frame. Bounced off 50 fibonacci level now looking to make a new higher high. First target @1.1200 supply zone
Price broke out of consolidation within daily trend line. Breakout & and retest done, now waiting for a potential pullback before moving higher. Confident that price will be making new higher highs & higher lows. Pound had a successful boost last week, lets see if it can keep up its momentum ! Good setup here will watch price action Sunday/monday.. Trade with care! : )
Hammer candle close on the daily time frame to daily support 129.00 (Higher Low). Downtrend reversed now we are seeing higher highs & lows form..
Can we see euro bring back some bullish price action? Yesterday on the opening of the London session, euro fell hard as the US dollar gained strength. I believe a pullback (Higher Low) was made, & now we see price currently above the 50 fibonacci level. Price failing to close below showing buyers are still trying to hold zone, target would be at recent high. Keep...
ETHUSD Update: 390 high has been reached followed by immediate selling back to 365 as bullish momentum continues to flow in this market. The current candle is showing possible signs of a bearish wick, and I am watching this price action carefully. Momentum and trend are two separate variables when it comes to price action. It is possible to have bearish price...
My entry: $280 My tight stop loss: $266 (≈5% loss). Target: 1. $325 (RR ≈3.2) / 2. $340 (RR ≈4.3) / 3. $360 (RR ≈5.7) Facts: • We had a higher high at §319. • Volume increased after the weekend. • Rebounced at $272 support zone (.5 of bearish swing). • We should be in wave 5 which can bring us into the $360+ area. This is no recommendation. It´s just my...
W1 - Double cycle completed D1 - Special Cycle (second leg of the weekly cycle) completed Higher highs on D1 and we can now expect either a flat correction and up move or double wave down and up move Aggressive - if you want to be more aggressive you can try to scalp buys near the bottom of the potential intraday range. Of course this scalp should come with...
D1 - Range. Ideally we want to see another push down towards the very bottom of the range creating and completing divergence Then we want to see higher highs and/or trend line breakout to the upside to go ahead and buy. Invalidation - Skip the setup, if price pushes higher towards the top skip the setup or If price breaks below the bottom and confirms the breakout.
D1 - Price has created higher highs and also bullish divergence has formed. No we will be waiting for double wave down and we can go long with the breakout of TL As long as last low at 18.35 holds we are after buys
Price still making higher highs & higher lows.. Price looking to break its daily resistance & push higher. Watch for breakout to the upside! Trade with care!
Price made a pullback after strong bullish move to the upside.. Do you think this pair can reach 1.18 ish area?? Lets see if euro can keep its momentum.. possible 400+ pip trade !
Price broke out of its Daily downtrend line & is now retesting it above 50 fibonacci zone. Price making new higher highs & higher lows as well nice setup here just watching price action here! Euro having strong bullish momentum as well. Will be watching how this plays out !! : ) Trade with care !
Another opportunity to buy if you have not already, waiting for break of counter trend line & will set another entry at safe break to the upside (pink line).