Double Bottom right at support, good signal bar
For more confirmation wait otherwise jump in with risk for scalp.
- Trend reversal - Only enter with stop entry on strong bull bar.
- This is clear breakout of previous downtrend - Micro bull channel - wait for bull bar and get the first entry with stop. - You can enter at market expecting it will form bull break bar, right away - Protective Stop is way to low though
Breakout Bar, 2nd entry. Expecting breakout pullback
Signal bar - Long Bearish bar Trend - Over all trend is bearish Strength - weak, trading in big channel Level - There is no clear resistance, but it may follow similar pattern as previous swings 2nd entry (2 leg pullback) - It is second entry, after 2 legs up it fall down as brick Breakout pullback - NA EMA - It is above EMA but similar to previous...
Signal bar - Long bearish bar and bearish pin bar at trend line. Trend - Major trend is down and recent bars in range Strength - Prices are struggling to move Level - Expecting previous strong support will become a strong resistance considering bearish bar breakout and 2nd entry (2 leg pullback) - there are 2 long legs tring to go high but failed. Breakout...
Signal bar - 2 long bars Trend - Major and short term, both trends are downtrend. Strength - 2 big bearish bar, strong downtrend Level - broke the support area after congestion of 12 candles. 2nd entry (2 leg pullback) - NA Breakout pullback - It is breakout pullback. EMA - EMA was flat at congestion but with 2 string breaish bars pointing towrads down. Reversal -...
Signal bar - Reversal bar at the trend line, 2nd entry with bearish bar Trend - Short term is very weak bullish, if you see big picture it is bearish. Strength (Shadows and Candle Size) - bearish bar with wick rejecting higher prices. bullish trend has been already weaken. Level (S/R, trend line short term trend line) - key resistance area and signal bar has...