We are seeing the second best entry into this retracement, the pullback from the 23.6 gives us the entry. Now we wait for it to drop down to the 61.8 of the movement up to 23.6 and enter on a reversal candle stick that has confluence with RSI Stochastics Coppock and Bolinger Band, In this senario I am looking for a nice doji on the 61.8 as we all ready have a...
Retrace on a retrace, If you missed the first retrace, we have the retracement coming in on the hourly candles, it has already bounced back down but an entry at this level could be the second best one for this retracement.
Trade is based off Multiple indicators such as RSI BB Stochastics ext.. Also It looks to be long on multiple time frames (D1, H1, M15, M5) Only use the smaller timeframes for entry into the larger trade. Right now we are waiting for a safe entry to avoid Going in early as I have a history with Stop Hunters.
This long is based off RSI ,STOCH , BB, COP, Supply & Demand, and Fibo on the Day, Hour, 15m and 5m, I will enter this trade on the retracement in lower timeframes. Right now the 5min chart has hit a 38.2 fib and is dropping, so The best entry long will be either when it retests the 23.8 fib or the last Support, if it breaks through with strong momentum down I...
