hightest

robdee4x

I don't know if we get a retracement looking at the Daily timeframe, but if we do I will be looking to enter short at the 50% Fib retracement. I will also be looking to use this bias information for a DDP and intra-day setup.

robdee4x

I've set an alert for the 50% retracement level of this Weekly High Test Candle and will be looking for an entry into the market.

DiamondHandsOnly

Link for confluence checklist: www.dropbox.com Chart View: www.dropbox.com Please share and critique. Always open to different perspectives. Cheers! SangNguyen ig: NguyenTrading_

Schlabberlatz

Hi guys, another opportunity on this glorious sunday. AUDNZD has rejected a horizontal resistance zone with a double top. Price has decelerated and has formed 2 hightests, a tweezer top setup. Furthermore the overall weekly trend is bearish aswell. Target is the next support zone, the stop is above the weekly 0.618 fibonacci retracement level. Happy trading

oerie1

high-test candle at the top of the channel. if it breaks the low of the last candle i'm short.

amanpaulbhogal

After peaking to all an all time high it's either pull back or reversal time. Please see annotated chart.

Bradanderson27

Daily we have a nice high test candle 4H we have price slowing and failing to maintain momentum showing signs of a change in direction. We also have price approaching 2 different areas of resistance. 1H not the best as it's sitting on the 20 EMA but as daily has high test I'm not to concerned. GOAL of 2% will set a PT

CHBarns Updated 

Confluence: Double Top @ .755 Resistance level Weekly Double Top High Test Candle on 9/10/2016 Bearish MACD Divergence Triple Top @ Resistance on Hourly Great Risk/Reward

themikewwfx

I love a nice long hightest like this esepcially after clsoing below its open. Really nice all around. Looking for a quick 2:1 on this one. - Hightest candle on psychological resistance (0.7500) - Double top pattern - Strong MACD divergence on 4hr - With trend

themikewwfx

A tidy little hightest candle reacting to some strong resistance from both on term bearish trendline and strong former support turned resistance - Hightest Candle - Rebound off long term bearish trendline - Reacting to strong former support at 1.4630 - Triple Top - looking for 1:1 on this because of some strong support at 1.4430

themikewwfx Updated 

Tidy little hightest candle on some strong resistance which on the intraday charts is setting up a nice right shoulder to complete a head and shoulder pattern. Lots of room on my stop stop loss to leave room ahead of NFP. - Perfect hightest candle on 1D - On resistance on 1.4400 - Head and shoulder pattern on 4hr - With trend - 1:2.75 RR - Hybrid trade - Safe...

amanpaulbhogal

Please see annotated chart.

amanpaulbhogal

Price on USD/CHF has produced a high test bar ricocheting off the round 0.9500 level. RSI and Stochastic divergence support this short set up. entry - below today's high test close stop loss - above today's high test close target - aiming for 0.9290, previous low, close to 50 ema (ignore support line on chart at 0.9250)