Masese

Masese

Sell short

Masese

presence of a buying price action signal

Masese

the presence of the pin bar price action signal is prompting us to go long

Masese

Although we are going against the trend, a falling wedge has just formed which indicates a possibility of buying. secondly, a bullish pin bar has just formed indicating that the sellers are losing the momentum of making through the major confluent key zone. this prompts us to buy. this is a swing trade that we ought to look for the buy signals -in the lower time frames.

Masese

Level between 1.70490 and 1.70360 have acted as a very good support. the three reasons that prompt us to buy include; 1. this is a good confluent point where there is a support that has been tested more than twice. 2. the region aliases with the Fibonacci 61.8 level where the prices mostly consolidate before bouncing back 3. a price action signal has formed...

Masese

Prices broke the level 1.27186 which was a strong support level. this means that it has turned out to be a resistance level. Other reasons that may support the sell opportunity include: 1. prices have rejected the 1.27186 level which turns out to be a resistance now 2. there are inside bars which indicate that prices have consolidated in a couple of days in the...

Masese

there are a variety of ideas that support the idea of selling at point 1289.485. These reasons include: 1. The momentum of the bullish candles is greatly reducing indicating that the buyers are paving way for the sellers 2. 1289.485 has been a key point hat has been respected significantly and therefore a rejection will lead to the selling at this point 3. The...