SimpleTechWizard

SimpleTechWizard

Following price action there could be a downward move here Manage stops according to risk

SimpleTechWizard

If it's creating support here then on the close above resistance I'll be looking for a continuation.

SimpleTechWizard

If price comes back to retest this as support, I'll look for a candle stick pattern entry.

SimpleTechWizard

If we see a solid closed above that resistance then look for the next candle to retrace and a possible entry. The other scenario is it just takes off with momentum and doesn't retrace at all.

SimpleTechWizard

Price is moving 'down'. On the pullback let's rip this shit short.

SimpleTechWizard

Price has been in a bearish channel. Notice around the monthly key area it's put in a momentum reversal. It could follow through with that bullish momentum. There's a daily key area lining up with a 61.8% fib level. It's also plausible that the 50ema could line up well creating a confluence cocktail in the next few days or week or so.

SimpleTechWizard

Look for an explosion of momentum on one side or the other. If it trades through the apex with no momentum then it's a no go.

SimpleTechWizard

Potential retrace to a 4h key area for a short position. Always look for that sweet validation before entering trades.

SimpleTechWizard

Looking for a 4h entry Only enter with some form of validation Lookin for a double bottom, maybe even a little divergence if I'm feelin frisky

SimpleTechWizard

It's at a daily key area and it's tried to go up and looks like it's losing steam. It's breaking to the downside - stop order time

SimpleTechWizard

EURCAD Going for a down hill run? Potential Double Top Trendline Daily key area Let's see what happens

SimpleTechWizard

Price has dropped a looooong way dude. If it finds upward momentum we could find a long trade off it's current daily Key area after a push up. A short from an upper daily or 4h key area... And if it keeps the upward momentum it could retrace to the green 4h key area which is in-between the 78.6 and 61.8 fib levels. Only take trades that are validated. Don't...

SimpleTechWizard

Daily key area + Double Bottom with engulfing entry + 15m Divergence GBPUSD has just run 170 pips to the downside in the last 14h without much of a pull back. We've also just had the DXY approach a 4h key area and it's diverging on the 15m. Confluence - getchoo some!

SimpleTechWizard

Retracement to green key area for a potential short trade opportunity. Don't enter the trade unless you see validation that it's likely to go downward. Look for a candlestick price pattern or a divergence at the key area.

SimpleTechWizard

I've been waiting for a trendline break. How far will it go? Our Fibonacci lines may give us something to look forward to. 1st stop could be 54500, 2nd 53000, and 3rd 51500.