Seems to be doing a RSFLIP, waiting for a heavy trace down to resistance, and then looking for a sniper entry with a tight SL
waiting for a break out then a rejection of the breakout to see if it respects it as resistance, then sell
Frequent rejections and respecting of resistance. Tight SL if the trade is to be taken, would wait for another bounce or a retrace back.
currently in a confirmed trend of 6 points upwards. Also showed resistance on the purple box, waiting for another bounce then will personally buy.
USDCHF SHORT 30M, in a current bear and bounced off the trend line.
Resistance to support flip. If it bounces I will be buying.
Waiting for another bounce, I personally caught this first bounce for around 11 pips. If it bounces again that will be enough confirmations for me to enter a buy.
Currently waiting for a bounce off of that support area as a confirmation to hop in with a tight SL.
EURNZD is currently holding on its support/demand zone and keeps bouncing back. I expect it to shoot up soon.
As of right now, NAS100 keeps rejected around the 10500 mark and recently hit a NEW HIGH. I believe it'll press down from the resistance and fall down.
Constant rejection of the resistance and then it broke down and came right back up. I believe USDCHF will break above and fake back in and then back up.
Currently in consolidation, waiting for a breakout. I suspect a downfall in this breakout.
Saw bounces off res which can mean for a sell, or if an inverted HAS forms then a short buy.