Possible Long. Fibonacci, Trendline Bounce, and Divergence. Higher time frames indicate an overall bullish continuation, but lower time frame market structure signifies a short term bearish move. SL is fairly far away, yet a 1:3 play is still efficient. Cutting losses short(er) than emplaced is also a good trait.
Possible long is in play. Trendline bounce respected with structure, divergence, and fib retrace. SL is around .86 level and TP is around the 1.272 extension.
Not a big fan of this trade due to the very low R/R. My preference is ideally 3:1 and up. A continuation trade is possible. Market structure was broken to signify an uptrend, and price retested previous structure, with rejection within the zone.
Re-Entry for a Short. Jumped in way too early before. Arrows are simply a prediction; you must always adapt to what the market gives you.
An opportunity for a long. Counter-trend trade. The primary indication was higher-timeframe market structure, and upon overview of lower-timeframes, a range of confluences have presented themselves.
An opportunity for a short. The primary indication was higher-timeframe market structure, and upon overview of lower-timeframes, a range of confluences have presented themselves.
A long term short is in play. The primary indication was higher-timeframe market structure, and upon overview of lower-timeframes, a range of confluences have presented themselves.
An opportunity for a short is still in play. The primary indication was higher-timeframe market structure, and upon overview of lower-timeframes, a range of confluences have presented themselves.
A risky, yet possible trade can occur. Better entry would be at the break of the most recent CTL trend line. The primary indication was higher-timeframe market structure, and upon overview of lower-timeframes, a range of confluences have presented themselves.
An opportunity for a short. The primary indication was higher-timeframe market structure, and upon overview of lower-timeframes, a range of confluences have presented themselves.
An opportunity for a short is still in play. The primary indication was higher-timeframe market structure, and upon overview of lower-timeframes, a range of confluences have presented themselves.
An opportunity for a long position is still in play around the current level. The primary indication was higher-timeframe market structure, and upon overview of lower-timeframes, a range of confluences have presented themselves: Fib Divergence Sup/Dem