I dont trade this pair but a friend asked for my markup of this and I think it could really help some of you guys with know how I exactly I trade.
Should be able to get something out of this move here. HL on the daily TF showing some rejection from a trend-line that's been tested several times. Sellers look exhausted so lets see who takes control. Im already in.
Lets be honest, who would have thought we would get such a huge drop in the Euro after being bullish for basically forever right? Anyway, looks like price has broken structure and now I am currently waiting for the first lower high point to take advantage of bearish variations on lower time frames. If price rejects from the 23.6%, modify fibs. If not, I see the...
Looks like price has found support around the 38.2% area. Would like to see it pull back a bit more so that an entry exactly at the 38.2% would provide some confluence as a trend line should provide some support as well.
First LH point being made here after a clear break of structure. Slight engulfing has already formed. The gap is the only thing screwing with my entry, Im sure the gap will fill and activate this trade. Pretty confident in this one.
Going long here. Target is obviously far but As long as the trend continues, that's pretty much where I expect a higher high to form.
Shorting gold here. Trying to take what I believe the market is giving.
Quick analysis here. Try to go with your first mind and be fluid and flow with the market.
Price is making Higher highs and higher lows. Pretty simple entry here
Looking for price to pullback a tad bit more before making a new higher low point for a good long entry. Looking for a bullish engulfing but whatever price action confirms the buy Im willing to take it.
Bearish engulfing on daily TF after break of structure. Price has also showed some rejection from a higher TF trend line