Price has respected the downtrend trend line, and the support zone with a pinbar.
Price is did not close above 0.382 Fibonacci level.
So, with the 3 signals I am looking for a short opportunity - await for confirmation.
TP 1: 0.93894
TP 2: 0.93256 (1618 Fibonacci level - inline with the resistance level).
SL: 20 pips...
Market structure is in the downtrend and broke below the significant level of 0.89913.
Price went on a corrective movement at 0.89222 as it did not create a lower low.
Price retraces and retest Fibonacci level of 0.618 (which is also the significant level of 0.89913) and did not break above that level, where it created...
Hi guys, just sharing my analysis. Feel free to comment so I can learn too :)
On the daily time frame, price creates a bigger down side channel. Price is currently at the top of the channel.
At the current swing, prices created an upward channel but the channel was broken, as well as a break and close below the higher...
Hi guys, just sharing my analysis.
Please feel free to comment so I can learn more as well :)
In the Daily chart, price is probably still at the consolidation zone (114.025 - 108.422) with a support trendline.
In the 1H TF, Price has broke below the significant level (111.736) and is moving towards the resistance (108.422). Thus, I will be looking for a short...
Hi guys! it's my first post in trading view. I decided to post my trades so I can get feedback to improve my trading strategy. I appreciate any feedback!
On a bigger picture, price is on an uptrend, currently in consolidation stage. It even retest Fibonacci 618 level. So in the long term price might move up further....