My last update on this was overconfident in the downward trendline. I fess up to this shortsightedness. I did end up stopping out. However! What did I learn? This is most important. There is a 1:1 extension on the chart (as seen here) this is now a tricky setup. I have re-entered a short on the 41.5k range, looking to exit half the position when we retest the...
I’m bear now. Can’t make up rising wedges and bearish pennants, they print themselves. Check out the 1:1 extensions on multiple tImeframes. Massive shorting opportunity here.
MY CONFLUENCE ARE 1. Positive Expectation for Canadian news on Tuesday 2. The Bullish pin bars on the daily 3. The penetration of the bullish trend line
An approximately 50 pip fall in AUDNZD, given a clean break through entry point on the 30min chart with good, clear divergence and solid formation that also lines up with other timeframes.
1 to 1 measured move, 161.8 extension of a to b to a, overall daily fibs at 61.8, all line up with a bat completion. 4 hr divergence drawn with red arrows on chart and rsi on 1 hr current double bottom forming and even on 15 minute chart another bat formation the gap closed with the wicks looking left at yellow bubble I have entered on the 1hr double bottom with...
5M scalp Strong level break + pullback test Entering on the dodji 4H momentum down 1H momentum down 15M momentum down
Predicted That Price Will Drop At 83.643 Lets See..