Anticipating a longer term sell on this pair. Price is currently sitting at the 61.8 fib level of the move down. Historically price has rejected the 4HR resistance level several times. Look to TP around the 1.225XX level.
Hey there. Thinking a buy on this pair. More specific notes on the chart.
Looking at a potential buy on this. Price rejected at 4HR resistance level . Price is currently sitting at the 50% fib level. We could see a deeper retracement to the 61.8 level before seeing a move up. Nonetheless, in theory, price should travel to the 1.618 level.
Looking at a buy on the reversal on this pair. Missed the first entry. Entered where marked on chart. Price pulled back to 50% level. Anticipating buy to 61.8 extension
Price reached daily low. Retraced to 50% fib level. Anticipating buy.
Looking to buy up to ~1.7000 Took entry on 15 min pullback. TP @ 1.618 extension.
Potential sell to 61.8% level of move up.
Waiting for a low price to form with a pull back to enter a short position. Price last week broke the outer up trendline. Looking to short the King's Crown pattern. Once price reaches my TP 2, I will wait to ensure price respects that level and look for price to start heading back up to the 1.618 D extension @ 1.02417.
Price retraced on the initial move down 38.2% of the move. Anticipating it to finish around the 1.618% mark. Looking for an entry in the current price zone.
Hey there. I've been mulling this over over the weekend. Price has closed about the 4HR resistance, but has also rejected off of the weekly down trend line and hit the 1.27 extension. Upon further analysis, the first retracement of the initial move up was only at 23.6%, so price is rightfully stalling at the 1.27% level. I see two potential outcomes of this...
Price retested neckline from head and shoulders reversal formation. Anticipating a continuation of the sell until roughly ~130.XX.
It looks like price is in a down retracement. I'd sell to the 38.2 fib level of the entire up move. Price may continue lower, but I know there is a high probability that price could reverse at this level.
Looking to complete final leg of wave.
Looking for a break out of consolidation and a retest of the area to enter into sell.
Price returned to the 61.8 fib level on the retest of the initial down move. Price should TP at the 1.618 extension. Price pulled back on the second impulse down to the 61.8% fib level. Will likely go down to lower time frame for a pullback, trendline break for entry to the downside for ~330+ pips.
Looking at a potential retracement sell. If I receive confirmation this is a sell, I would trade down to the 38.2 fib level and take profit.
Looking for buys on this pair.