Broken Trendline, retest of the broken TL multiple times and price now at 61% of Fib level
Weell! Finally GU is starting to move nicelly, we have a new HH made on H1 and now a retracement happened, price is sitting now at 61% Level + Trendline + a good key level. Odds are on our favor to long this little bastard till the new high, only thing that worries me a bit is the Daily Downtrend TL, will keep an eye if price reaches it and most probably I will...
EU is stopping and consolidating at 127% extension of previous weekly swing high, the little channel that has been formed during several days has been broken and now we are ready to setup a long position, a conservative approach would be to wait for a better impulsive wave up creating a HH on a smaller TF (H1) and then trade the correction or retest of the...
Completion of current H&S + Fibo level + RN + Structure on the left and Inverse H&S on Daily TF for a change in trend scenario and starting of a new H4 Trend. Let me know your thoughts.
Trendline + Fibo + good resistance level, double bottom as target, possible second target on 27% Fib extension
EURNZD may give a good trading oportunity on a break of Trendline, good support structure to try to break this time, another future possible entry on a break and retest of it to confirm a change in trend.
Possible short on CADJPY, look for a pullback or trend continuation trade on Lower TF and ride the meltdown.
Trend Structure is changing, possible shorts of gold... 1- Test of descending trendline in confluence with Fibo 38% level 2- Test of Fibo 61% and possible Head and Shoulders Both with a very great RR
Downtrend + 61% fib, trendline touched to the pip, possible target on double bottom or -27, -61 extension
Possible short on SP500, based on Fibo and structure, price approaching a key support turned resistance, will enter once PA agrees, hope price reaching that level!
Price is compressing in a Triangle, PA to confirm actual S/R is acting correctly. If we break November Trendline we will have the possibility of a 150-200 pip drop as next Resistance turned support.