TEST - INTRA DAY LONG -ELLIOT WAVE -FIB -TREND -BREAK AND RETEST DEMOING
AJ - LONG TERM SWING (LONG) DEMOING STRATEGY -FIB LEVEL -TREND -PULL BACK -INSTITUTIONAL CANDLE
TESTING THE GOLD BULL RUN FOR THE BREAK AND RETEST -FIB -S/R/T
GJ LONG - SWING TRADE -123 MOVE -TREND -50% PULL BACK ZONE -BREAK AND RETEST DEMOING TEST
-TREND BROKEN -BREAK AND RETEST -FIB PRESENT LOOKING TO TEST LONG SWING!
EG - LONG POSITION! TRAIL AND DEMO TREND LINE / SR PRESENT
UJ - SHORT TEST SEE SWING OPPORTUNITY FOR A SHORT, MONITOR AND TEST!
DOWN TREND HAS BEEN BROKEN: -ELLIOT WAVE CONFIRMATION -PULL BACK SIT IN LINE WITH FIB RATIOS -LONG TERM BUY SET UP STILL A NEWB, DEMOING AND ANALYSING! :)
I SEE THIS GOING LONG OFF THE IMPULSE MOVE -FIB RELEVENT -MULTIPLE TOUCH ZONES -UP TREND THIS MAY ALSO PUSH LOWER BEFORE CONTINUING UP!
I SEE A LONG TERM SHORTING POTENTIAL FOR AUDJPY -PULLS UP TO TREND LINE -FIB RETRACEMENT SUPPORTING -MULTIPLE RESISTANCE ZONES PRESENT STILL A BEGINNER! TRADE CAREFULLY :)
MY ANALYSIS IS THIS HAS ROOM TO BUY ON THE DAILY UP TO THE 77.231 MARK ELLIOT WAVE RETRACE SEEMS VALID, WAITING FOR THE 0.382 FIB RETRACEMENT ZONE AIMING TO BUY UP TO THE 77 PRICE MARK ZONE - AND AWAIT CONFIRMATIONS TO SELL BACK (BASED ON DOWNTREND OF THE DAILY - SEE DAILY SET UP!)
LOOKING AT THIS AND I WILL BE: -WAITING FOR THE PULL BACK ON THE TREND LINE -LOOK FOR SHORTING POSITIONS AROUND THE 61.8 FIB ZONE -USING THE MACD FOR DIVERGENCE UPON ENTRY -SET TP TO PREVIOUS SESSION LOW -SET SL ON PREVIOUS CEILING ZONE OVERALL I BELIEVE THIS PAIR WILL BREAKOUT ON THE UPSIDE BUT THERE IS GOOD SELLING MOMENTUM LEFT.