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Higherhigh

AUDUSD reversal at 23.6% RetracementThe 4H retraced to the 23.6% fib and provided a hammer which is why I wasn't hesitant to sell, even beneath the trendline. Upon the 4H close and hammer. Price immediately progressed bullish to create a strong higher high, broken correction trendline, as well as ADX mixing in to provide confluence. Intraday the 1H timeframe is a clear opportunity to go long on this pair to at least its -27% target. or the 61.8 Major fib retracement. I believe that this pair is still in an overall downtrend until its creating daily higher highs and higher lows.
Long
by DesharedPierreJr.
1
Audusd to become bullish intraday this weekI mistakenly took a minor break of structure and a moving average crossover as a reversal trigger when in actuality it was simply the warning. The trigger is what is presented currently. This 4H clear higher high on our home timeframe. This is trading 101. Simple higher high along with TDI. The daily makes sense as this bullish push is all apart of the daily LOWER HIGH being formed. Major 38.2 has been broken, the next prz level is the 61.8. This week I look forward to a bullish re-test of the weekly support/ a trendline/ zone/ structure I'll only buy a re-test. Maximize this move of the week potentially. Higher highs make higher highs.
Long
by DesharedPierreJr.
Don't be fooled by reversal candlesticks this pair BULLISHUSDJPY may be slowing down in pertaining to bullish momentum, but a few other things need to happen for a short. A correction trendline has already been broken which is the first sign. The following must occur on the intraday 4H timeframe for me to short. I need to see a Lower low along with the moving average crossover to the downside. then a retest to the neckline and providing indecisiveness and volatility on the 1H. My first target for any shorts will be the major 38.2 PRZ level. Because this pair is massively bullish, all targets for buys are locked in at -27% then then next daily resistance since price is creating record highs.
Long
by DesharedPierreJr.
Gold has Likely bottomed out for this monthI decided to go long on gold immediately after receiving a reversal candlestick at a low on top of daily support. This candle also provided bullish volume after breaking a trendline and creating a new high. Price is now on the buy side of a strong trendline as well as the buy side of a strong support. I look forward to adding an entry upon a reversal candlestick at the retest. At the end of the day we're counter trend trading NOW.
OANDA:XAUUSDLong
by DesharedPierreJr.
Potential High for usdjpy, intraday short setup 30mminUSDJPY has been uptrending rather strong for quite a few weeks now. Its common that you'd like to go go against the trend, however, the only way to learn how to trade reversals is to trade them. Price presented a volatile shooting star for the close of Thursday. (4H). The daily had some wick action also. The 1H had a moving average crossover to the downside before making the latest high. the 30Min has already created a srtrong eveing star and began downtrending on its 2nd lower low. Im looking to get in on the Lower high. A counter trend trade short back down to Weekly support.
Short
by DesharedPierreJr.
1
30min Higher high re-test GET IN THIS UPTRENDBitcoin broke out of an odd range of consolidation only to create a beautiful consistent uptrend. The TDI on the 1Hour chart is very bullish also. Structure and clear breaks can be seen on the 30min chart which is why I'll be entering from the 15min. and holding until a daily level is breached. Price is pulling back with indecision which is excellent as well. A reversal candlestick on top of support as an indicator of a retest will decide whether I'll be placing an entry going bullish toward $27,490.00- $27,831.84
COINBASE:BTCUSDLong
by DesharedPierreJr.
1
Gold creating its 3rd higher high after a steep declineI believe it's time to counter trend trade this pair. I plan on counter trend trading this pullback(retracement) of a daily lower low. TDI was too bearish on the 4hour chart from me to take a long position on Friday but now, all signs are clear for a buy upon a reversal signal at re-test. The swing high is around 1983.27 the swing low is around 1958.15. the neckline for the double bottom is the weekly support. I've already remarked up my chart for the 4hour supports and resistances. I intend to trade as relatively close to naked as possible since the candles speak for themselves as loud as the fundamentals. We're up all night to get lucky as we become more patient with this setup we'll learn that it's the simple fundamentals and basic levels of structure that determine our bias for direction we must be attentive and prepared to switch immediately upon a retest of structure.
OANDA:XAUUSDLong
by DesharedPierreJr.
Additional Long positions can be added to USDJPYI'm currently long USDJPY at 134.737 and 134.892. My target is 138.700. I'm looking for any opportunities to scale in additional entries to capitalize on this massive move. There is excellent 4H bullish sentiment as TDI suggests that price is still overall bullish. The Daily is pushing for structural higher highs. The 1 hour timeframe is clearly in an uptrend and there's some confluence of a pullback after the 1H presented an evening star at its most recent high. I anticipate a retracement near the 136.160 area, 4H support (re-test) or potentially the back of a trendline. Intraday setup but the volatility is present for a bullish push. A reversal candlestick on top of support and in a confluence area will trigger another buy.
Long
by DesharedPierreJr.
Dollar/Yen Early 15minute Entry from a Daily setupI decided to go as low as the 5minute timeframe for an entry into this Bullish Pair. As I noticed price respecting structure creating higher highs and higher lows on the 1hour, 30min and the 15 minute time frame, I felt very confident going Long upon a retest of any support along with a reversal candlestick. After a 30 min higher high and a retest on the buy side of a strong correction trendline, I decided to go Bullish immediately. This entry is very tight considering the fact that this is a DAILY setup. My target projection is -27%. @ 138.700 of a Daily 78.6 retracement. My stop loss is beneath the prior 1H low as I notice price respecting structure @ 134.357. Risk to reward was excellent at 13.7
Long
by DesharedPierreJr.
The Yen to take a Dump vs the Dollar. BUY UJ tomorrow AMUSDJPY is overwhelmingly bullish now that price has retraced on the Daily timeframe to form a Higher Low. From the top down its very evident that higher highs are on the horizon. There was some weekly indecision at the high last week at a strong resistance level. After a Daily bullish correction trendline was broken price retraced bearish to re-test the back of a trendline, 78.6 Fibonacci level, as well as a 3rd trendline bounce. This is all confluence for a long set-up. Last Thursday (5/4) and Friday 5/5) created two indecision candles on top of structure as well as a reversal signal in the mix. This is a recipe for a Long bias. A clear daily set up. Higher high. Higher low. Indecision on top of support. Price is currently on the buy side of two strong trendlines. I'm looking for a re-test to go long. for another Higher high, potentially to the next weekly Level.
Long
by DesharedPierreJr.