will wait for price to come to the .50 retracement area. Then wait for a weekly candle signal to short.
Just Testing my new long term strategy. Any ideas on how i can improve it please let me know. Thanks!!!
We had a pullback that landed in the .786 retracement area so we going long to ride the up trend. also we broke the daily and 4 hour resistance. Plus we had a retest, which it is now treating the old the resistance as support. So its a good sign. Also we are trading with the trend.
Waiting for the retest to go long. However, this will only be a small reversal as the overall trend is down. So be careful when trading this.
Strong down trend. Waiting for D completion then we are going short.
waiting for a bounce off the neck line then a downward trend from the 2 shoulder. Then going short once it breaks the neck line.
Going to watch this one and see what happens.
waiting for the D point to be completed then we are going short.
Waiting for the completion of the D point and then will be going long with targets at .382 retracement level. With stops below X with an extra 20 pips below this to give room.
watching out if it bounces of the neck line.