For this analysis I am going to try to give the most comprehensive viewpoint as possible primarily to add value to your trading and also to strengthen my ability to analyze the markets as a whole. This will present both the technical and fundamental perspectives of trading ( I hope to further expand in my understanding of the fundamental field) please feel free to...
I recently closed my position on this setup it was a break and retest and price fell beautifully. My confirmations were the Fibonacci and also seeing my moving averages cross. I did enter as the candle was heading down, and it continued to fall in my favor. on the H4 the candle was a strong Bearish candle at a HH point in price action. All in all this was a nice...
Break and retest on US30 price seems to be rejecting in the 38.2 and 50.00 gap depending on price patterns this could be a great trade. larger scale rejection zone was entered on higher timeframes.
Simple price action buy as GJ shows rejection to my 50.00 zone, and also gave me an engulfing setup all of this being in agreement with the daily trend. Going long off of a limit entry @ 136.516
Price has been making higher highs and lows (uptrend) and has broke my key level and is coming back with a retest. On the 15m there is wick rejection entering on a 3/1 RR after price shows upward momentum. Price is "oversold" on the BBSI so im expecting a upward move. Granted this is outside of London session and the daily candle is red but we'll see.
