Liammorbin

Liammorbin Updated 

I will wait to see how price reacts when it approaches entry. Entry will be taken based on price action on the lower time frames.

Liammorbin

Price has reached a zone were we have seen previous rejection. Price also seems to be respecting the moving averages + fib building a multiple confluence zone.

Liammorbin

Target on chart

Liammorbin

Target on chart

Liammorbin

Target on chart

Liammorbin

Target on chart

Liammorbin

Target on chart

Liammorbin

Target on chart

Liammorbin

We have seen a head and shoulders pattern form on the hourly. Price is currently showing rejection from the .07500 psychological level so i will be waiting for a retest of broken trendline before entering.

Liammorbin

Target on chart

Liammorbin

Target on chart

Liammorbin

Since price has arrived at upper trendline we have seen rejection via a break of minor trendline on the hourly and 3 consecutive bearish candles. We will be targetting bottom trendline to complete the pattern. 4 hour RSI and MACD are also showing bearish divergence suggesting we will see downside momentum.

Liammorbin

We recently saw a strong impulsive move to the downside resulting in a break of wedge pattern. Price is currently consolidating and is showing rejection from broken trendline and 0.382 fib level. We are targetting a full retracement of trendline.

Liammorbin

My bias for this pair was long for some time however we have now seen a trend change on the lower time frames. We have also seen a double top form on the daily adding extra confluence. This trade is a simple trend continuation and we will be targeting a retest of broken channel.

Liammorbin

We are currently seeing price in a consolidation phase after its recent bullish run. RSI and MACD are both posting bearish divergence so my bias is to the downside. I will be targeting full retracement of trendline.

Liammorbin

Price has broken out of latest consolidation period. Target 1,14

Liammorbin

break of falling wedge, Targets on chart

Liammorbin

We will be looking to take this trade long once we see clear rejection from retesting broken pattern. We will target full retracement of broken wedge. Stops will be protected by the 4 hour 20 and 50 ema