4h- previous structure broken (BOS), MA's are crossed over (bullish). 30m- HH's & HL's , retesting 38.20% fib. previous highs/ resistance. ____________________________________________________________________- Before placing traders: - wait for a bullish engulfing on 38.20% fib!
4h- previous structure broken (BOS), MA's are crossed over (bullish). 30m- HH's & HL's , retesting 38.20% fib. previous highs/ resistance.
Daily, monthly support hit. 4H- 38.20% fib retest. 30- HH's and HL's forming on lower time frames (MA's are bullish) 38.20% fib!!
Daily- Lower Lows, Strong resistance level, Bearish engulfing. 4h- LL's have formed, MA's are crossed over! Nice Risk/ Reward trade setup!
Looking for a re-test, before continuing down or BOS...
Daily- Bullish TL broken, retesting under it from past 3-4 days, MA's have also been crossed over (Bearish). 4h- 61.80% fib hit three times already, looking for a final push now!
Weekly- Fib Ret 61.80%. 4h- Two LL's have formed, MA's crossed over, needs to break the CTL. 30 min- Entry on pullback!
Pennant, 38.20% target for this weekend! Over all target is 0.40
GA is clearly at a demand zone or a pull back zone. Should there be a bear momentum bringing ga to 1.85 again we could be seeing 1.84 as a downside target. (sellstops at 1.85 region). However i do favor the upside momentum as price is at a demand zone hence we may see the highs being retested again, 1.87 or 1.877 or even 1.8850. Lets enjoy this trade, what are...