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A good clean push through this level then a retest of it with space
want to see a clean push through this amazing level, hoping Japanese CPI result can push it down cleanly. looking for a retest at the level
The GBPPLN isn't always clean price action , none the less there is an area of resistance. I'm expecting rejection again of this level and price to move downward to create a double bottom and a "W" pattern. Price will then break the resistance level and I will look to bid on the retest.
If it fail to make the "W" then I still expect a clean push through the level ...
descent rejection of the resistance level , looking for a good push through the level with a rounded retest.
Will check against usdchf to see which is the better trade
3 rejection form the resistance level - looking for a clean break through the level and price to create space. wil be blind on the bid
at least two violent rejection of the resistance line. since there is no support since the last flip of the pivot point price must push higher and create its support. looking for a clean break through the level, create space and retest the level.
will be blind on the bid.
price has come back down to support and in basing which is creating weakness.
Although we have only had one violent rejection of this level I think a good clean push below would be worth taking the retest short , but need to be nimble on this trade. The FTA is 30 pips away so wil have to monitor close
Simple retest of prior support , last low is in confluence of ATR so short there with a stop behind the thrust candle
there is D1 Pin bar , i play these by waiting for an initial move then reenter on a retest of the BE of the pinbar- yellow line indicate the bottom of the pin bar so will short form there but on H1 want price action to confirm at 50% fib on H1
D1 has a pinabr and I'm shorting it after the initial move down. looking of a retest of the Break even point of the pinbar, Will need to see price action to enter
Nice level on H1, and nice thrust candle through the level. want a retrace to last low pre breakdown