Expecting a retracement before the next push down
Will be looking to buy if buyers can secure a daily close above MQP 150. TP target is the next QP 152.5
D1 Asc Channel H4 H&S H4 Falling Wedge Broke below and retested SQP 1.3875 My Initial bias is neutral for now. Waiting to see how price reacts to QP 1.375
For safe entry, wait for the break and retest
Expecting one more push down before the rally. Looking for a retest of wedge support which also has a QP confluence 1675. Could also see further decline to retest the D1 channel support. Be patient...
H4 Asc Chan Breakout D1 Asc Chan Breakout Broke D1 Sup Broke below MQP 1.2 Want to see a new LH created. Looking for a retest of the MQP or broken structure at 1.1954. TP target will be next QP
Descending channel Inv H&S inside channel QP confluence at neckline SQP 1.2625 turned sup Wait for neckline break & retest...
Weekly TL Break Broke below QP 0.775 Sup turned Res Looking for a completion of the 3rd leg. I would like to see a retest of 0.775 but it could drop from current price. Always make note of the weekly closing price (orange line). TP target will be the next QP 0.75
Weekly Rising Wedge Daily Head & Shoulder SQP confluence 116.25 Wait for the neckline break & retest
Bearish Impulse Possible 123 pattern forming Looking for a pullback or bearish flag. Wait for weekly TL break & retest which also has a QP confluence 0.775. It's possible we could get a retracement to the 31.8, 50, or 61.8 fib.
Bullish Flag Wait for the break and retest
Daily Ascending Channel Fake Breakout Bearish Impulse Closed below QP 82.5 Wait to see how price reacts to channel support which is right at the 61.8 fib. Wait for BOB (Break or Bounce). My initial bias is neutral, will wait and let this develop some more.
Bullish Impulse Broke above QP 0.725 Look for a pullback to retest 0.7269 or 0.725. Ifno pullback, wait for price to break and retest previous high 0.7315
Head & Shoulder Wait for a pull back or break and retest of the neckline
Ascending Daily Channel H4 Descending Chan Inverted H&S Completed right shoulder, wait for a neckline break & retest
Bullish Flag Breakout Wait for the retest. TP target is next QP 85