After having a great impulse this morning, I will be looking for a buy signar at the yellow zone even though this would mean we will be trading in counter trend.
It seems we have a ver well-formed reversal pattern drawn, however with today's news we can observe an apparent head fake, what do you think?
This is a beautiful setup, good trading for everyone!
This seems to be a good setup, i will probably set two take profit points. For now I will wait for my trigger.
Here we can see a good rejection of the 8770's with a good trigger candle so I have decided to go short on this, let's wait and see if the market pays.
Hi, do you remember when I posted this??...now I'm happy :o)
If this bar closes "as is" then it would be a great engulfing candle and so my trigger signal to sell. The price has retested the yellow line (neck) twice and now it fails to keep rallying so this seems a great opportunity to sell. Watch out!!
another good setup?? Update: Target achieved :o)
This time we can see the price is being rejected by the MA and also the 61.8% fib level. If I get a good trigger here, I will go short and have the first target at around 92.000 and then 91.00. Let's wait next week.
What do you think? I believe this is a good one for next week!
I will wait until monday and probably take this one for about 100 pips, however I don't like to trade on counter trend.
it could go down again and retest the red line, however the pattern is well drawn so this could be a good oportunity for going long, what you guys think?
Let's wait for the price to be rejected by the support line and have the trigger signal.
This looks good for going short. Price has been rejected several times by the red line (resistance) and is now clear that it was just a retracement. I believe the price will continue going down.
This time the price is rejecting the support line twice drawing a double bottom right at the support line (both dynamic and static), i belive it could retest the support line and then go up or just keep going up from the current position. As always....we'll see :o) Update: It finally retested the support price and now it's going up :o)