Formed nice PA on the daily charts but after a big run I'd like to see what happens over the next day before I enter. 1H and 4H I'd like to see reach a little further to the resistance line and give some MACD divergence just to be safe. I would also like to see another daily reversal candle form then I will consider entering
FX_IDC:EURUSD Waiting 1 more day for hopefully some nice daily price action. 4H slowing and is forming some PA but because of a strong daily run I will be waiting 1 more day to enter. 1H slowing again as it approaches resistance and would like to get a pullback to the pivot before entry.
Daily we have a nice high test candle 4H we have price slowing and failing to maintain momentum showing signs of a change in direction. We also have price approaching 2 different areas of resistance. 1H not the best as it's sitting on the 20 EMA but as daily has high test I'm not to concerned. GOAL of 2% will set a PT
Loosing momentum on weekly charts Approaching 4H trendline/ break and retest of 4H 50 EMA 1H bounce of 20 EMA/ Broke 5M 50 EMA and trade was entered Goal = 2%
Again this could shape up to be a great trade if we get some nice price action on the daily charts... Weekly it's overextended Daily we are approaching resistance and we are seeing MACD divergence. Also we saw 2 high test candles then a break up so I'm hoping to see nice daily PA form this and I'll take an entry tmrw. Will check 1H and 4H tmrw but would be nice...