- Break of bullish structure - Lower highs, lower lows - Price has met hourly OB again - Rejection of 0.786 FIB
- Higher highs - Price pulled back into hourly OB - Rejection of 0.786 FIB and 50MA
- Higher highs and higher lows - Rejection of OB and 0.5FIB - Overall bullish trend
- Presenting new higher highs and higher lows - Rejection of OB and 0.786 FIB - Looking for short term buys
Lower highs, lower lows, 1hour OB, entry at the 0.786 FIB
- Rejection of 4HR 50MA - Lower lows - Potential cross of 200/50MA on 1hour - Pullback to 0.786 for better RR - Strong USD
- Closure below 4HR 200MA - Lower highs - Overall downtrend - Pullback to 0.786 for better RR
- Strong YEN - Overall downtrend - Lower highs - Potential cross of 200/50MA on 1hour? - Pullback to 0.786 for better RR
- Rejection of 4HR 50MA - Lower lows - Cross of 200/50MA on 1hour - Pullback to 0.786 for better RR
- Failure to close above 4HR 200MA - Lower highs, lower lows - Pullback to 0.786 for better RR
- USD strength - Failure to close above 200MA on the 4hr - Rejection of 0.618FIB on the 1hr - Want a pullback for better RR
- Strong YEN overall - Lower lows and lower highs - Want pullback to 0.786 level to line up with 50ma and create new lower high
- Lower lows, lower highs - Break of 50MA on the daily - Recent cross of the 50/200MA on the 1hour - Pullback to 0.786, should tap the 50MA
- Overall uptrend on higher timeframes - Potential cross of 50/200MA? - New higher high formed - Rejection of 200ma and 0.786 fib for entry
- Overall uptrend on higher timeframes - Potential cross of 200/50MA? - Small drop to reject 200MA and 0.786 FIB for an entry - Higher highs/lows forming
- Creating new higher highs and higher lows - Weak CAD - Cross of 50/200MA - Pullback to 0.786 FIB and 50MA for entry
- Lower lows, lower highs - Break and rejection of 50MA - Rejection of 0.71 FIB - Want slight pullback to touch 0.71 FIB again for an entry
- New higher high formed, along with higher lows - Break of descending trendline - We've had a rejection of the 0.71 FIB and 50MA - Oil has dropped which affects the CAD negatively - Could enter around now, however, I expect a slight pullback to the 0.786 for a better entry