No higher time frame bias but a big "M" on H1 and and ok level. Want to see a test of the last low pre breakdown
There is a D1 Pin Bar bias, i will play the initial downward response then when everyone puts there stops at break even sell again at the head of the pin bar trapping those traders.
There is a D1 Bullish Engulfing bias, i like to play the low of the previous bar on engulfing. This support level is exactly at that point.
we see again a Weekly pin bar at a swing high, plus d1 shows pretty much a bearish engulfing ( by open and close. On engulfing i play the low of the previous bar as the entry point and then h1 for entry. I like the high time frame bias, ultimately would like more confluence with fibs or ATR but not here at the moment. Last time we had this sort of w1 and d1 bias,...
quick long here on a h1 level and 50% fib as some confluence. I prefer to have a daily or weekly bias but looking for a quick in and out on this one
No weekly or Daily Bias but Price has pushed through daily resistance- looking for a rounded retest of last low pre break through expect first trouble area at 1.32403
WEEKLY PINBAR AT 61% FIB PLUS A BEARISH OUTSIDE BAR, LOOKING FOR A RETEST OF THE PINBAR ENTRY
There is a lot of pressure by price to the upside of the red line. More touches signals weakness. I want to see a clean break of the support and then buy on retrace of the level. Target is only 50-60 pips as further up is a nice level of one sided support i.e the level has no price support and resistance only support- stats say this a better type of trade than...
excellent level on H1 a lot of touches of support, looking for a clean break of support and sell on a retest of the structure. One sided structure is statistically better trades