WaggyWag

WaggyWag

Looking to short.

WaggyWag

Higher timeframe suggests that price may head back towards purple support trendline. But 4H & 1H suggest that price has rejected newly formed structure zones and will head back up to the resistance and may push through. Cheers, Waggy.

WaggyWag

On the 4h timeframe the price has broken resistance and now retesting it as support. In my opinion I feel that it has rejected the retesting of the new support, therefore I will look to go long. Trade at your own risk. This is an idea, I am not a pro. Thanks, Waggy.

WaggyWag

I feel that the price has rejected off of the resistance level on the 4h timeframe, also validated by the lower timeframes. Alongside the trendlines I have drawn it has rejected and bounced off of these also, I am shorting because of these reasons. I am not a professional this is just my opinion! Thanks, Waggy.

WaggyWag

In a retracement wave in an ascending triangle. If it breaks the triangle trend then expect to go lower, but expect to bounce off and head back towards resistance.

WaggyWag

Wait for clear rejection of resistance and trend lines before looking for shorting opportunities.

WaggyWag

I didn't post the buy opportunity, but after rejecting resistance I will be looking to sell.

WaggyWag

Possible false breakout shorting opportunities. Bullish strength into resistance, bears rejecting this level.

WaggyWag

Possible head and shoulder pattern forming. Look for a breakout and then look for shorting opportunities.

WaggyWag

Hi, I will be looking to short this if it bounces off of resistance. Any sort of break through resistance I would look for long opportunities. Thanks, Waggy

WaggyWag

Hi, This is my first post here on tradingview. My idea is that there is possibly a false breakout of resistance on the 4hr time frame. Alongside following a downtrend channel. I will wait for a close below the resistance line to then look for shorting opportunities. This is only a suggestion.