spiritualfx

spiritualfx

LET'S SEE IF THIS CUP AND HANDLE SET UP IS FOR THE WIN. I THINK PRICE MAY GO TOUCH THE TREND LINE BUT IT MAY ALSO REJECT AT THE WEEKLY 200EMA.

spiritualfx

LOOKS TO ME LIKE A BULLISH PENNANT HAS FORMED AND HAS BEEN BROKE ON GJ. I MARKED UP THE TOUCHES WITHIN THE PENNANT WITH THE 5TH TOUCH BRAKING THE PENNANT GIVING ME CONFIDENCE TO TAKE THE TRADE. PRICE MAY CONSOLIDATE UNTIL LONDON OPENING. PRICE HAD JUST MADE A HIGHER HIGH ON THE 4 HOUR CHART BREAKING A SUPPLY ZONE I HAD PREVIOUSLY MARKED UP & PREVIOUS POSTED THIS...

spiritualfx

I BELIEVE THERE IS STILL BULLISH MOVEMENT POSSIBLE TO TEST THE DAILY SUPPLY ZONE / TREND LINE I GOT MARKED UP. THE FIBONACCI & THE FIB EXTENSION LINE UP QUIETLY NICELY GIVING ME MULTIPLE CONFLUENCES WITH HIS TRADE I WILL WAIT TO SEE WHAT PRICE DOES AROUND THE BLUE BOX AREA BEFORE ENTERING HAPPY THANKS GIVING TRADERS! 1% RISK ALWAYS

spiritualfx

I CAN CURRENTLY SEE DIVERGENCE ON RSI BUT I WILL BE WAITING FOR D TO COMPLETE TO CONFIRM DIVERGENCE. FIRST TIME PRICE IS COMING BACK TO THE DEMAND ZONE SO EXPECTING PRICE TO BOUNCE. COULD WAIT FOR A TRENDLINE BREAK TO CONFIRM THE REVERSAL. IF PRICE BLOWS PAST THE (X) & CANDLE CLOSES THEN BAT HARMONIC IS INVALID HAPPY TRADING TRADERS