After a few weeks of downtrending on NU H4 seems to be finding structure to start the retrace for the daily. breaking it down to the H1 to spot where we can potentially get in on this H4 retrace. MOST likley missed the boat on this trade but will be patient and see if we get another retrace to fill the pending buy order.
Triple bottom or inverted head and shoulders.. however you want to chop it up regardless of the term to categorize it the main thing that is important is that the neck line is broken. Daily downtrend slowing down with H4 breaking structure and starting to retrace. now that we have the neckline broken on H4 we can look for a buying opportunity and catch some pips...
UJ has been making bullish moves (HH's & HL's) for the last few weeks. With this bearish retrace we are at a 100% retrace on the H4 and a 38.2 on the D1......BUT just because the market makes a move towards a fibonacci PRZ doesn't mean it's a trade opportunity. That being said we are seeing H1 structure break bullish in confluence with our H4/ D1 up trending...
This week we are really close to the 0.97600 monthly S/R line, it bounced off and retested the daily 0.97950 S/R line, closing under. The price tried to go above this line but it was rejected as we can see in the wicks of previous candles, it could be a bearish signal, but we have to wait. I'll be looking to sell, my target being 0.96450, because the trend doesn't...
Right now we are on a strong S/R daily line where many past reversals occurred, and on top of that we have confluence with a monthly triangle that has been respected really well. Last week the price tried to break the triangle but it fell back into it. The price may be looking to retest the 0.70260 zone and go higher because it haven't done that yet and the market...
eurjpy bullish structure. find entry at break out point.
gbpusd wait for the correction to enter the buy position
possible retracement area of uptrending structure
this slow moving trending market is correction on the higher time frame. Look for short opportunity for short sell....before look for buy at the critical zone
this eurusd market structure are uptrending market. With base to the daily time frame, we can see that the price are in uptrend and in a phase of correction. Find buy opportunity at the critical zone area.
gbpusd are in weak uptrending market. It break its previous high. Find the opportunity to go long.
this eurusd are breaking its previous high. look for the opportunity to go long at the critical area.
SHORT At 1.28438 Strong Daily Resistance In A Range Major Support
BUTTERFLY PATTERN PAIR: AUD/USD TIME-FRAME: 1HR TRADE: BUTTERFLY PATTERN There has been a lot of strength on the AUD/USD for those of you whom are following this pair. Here we have a potential Butterfly pattern setting up if support holds. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. ...
BAT PATTERN PAIR: EUR/AUD TIME-FRAME: 1HR TRADE: POTENTIAL BAT PATTERN Looking at the pairs before lunch break here in the office, we have a potential Bat Pattern on EUR/AUD NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com ...