this is just an education on my insight on trading. i have gone through many trading strategies but nothing beats watching how price reacts at price levels (price action). trading ingredients support and resistance lines (pivot levels , fibonacci zone mostly 61.8%,50% and 38%) trendlines how to trade place alerts on this levels on your trading view account to...
eurodollar just completed the bearish shark pattern and went back to the trendline. we might see a possible test of the weekly resistance. if the resistance is broken we might see a new high or else if the trendline is broken we will analyse for short trades.
This trade is still in my watchlist. It has showed a bounce from the 200 ema . a break of the trendline and retest could signal a change in trend . will watch price action for a possible long position. in the meantime standby .
Touched support with a pinbar. a potential for a long opportunity. We also have formation of a bullish harmonic structure. a potential bounce to the downside is still possible . I will be watching for long opportunities from the structures formed. Entry will be based on price action in the lower time frames.
watching the 4hr timeframe for a possible entry. the break of the trendline is complete . will wait to see if the 0.873 SR zone is broken by observing trend reversal patterns at this area.
price heading towards the trendline. waiting for a possible bounce from the 0.618 fibo level to the 129.73 support level
NZDJPY enjoyed a rally towards the weekly support . The daily timeframe had its last candle close with an indecision candle. i see a possible move of the price up , either we might see a bounce from the 50 EMA on the H4 timeframe before we proceed up(take an entry) or the price might rally up past the 50 EMA towards the resistance and the 200 EMA. thanks
We have a possible bearish gartley pattern on the weekly chart of the GBPCAD pair supported by the weekly horizontal support lines. Leg D completion should be completed at the end of the week for a possible short position. Thanks.