Mrwarm_

Mrwarm_

Market Trend - Ranging market (Weekly TF) Price is currently at major resistance and last daily close was a weak bullish candle Double top formed on H4 and H1 Signal on H1 for a reversal (bearish pinbar, Bearish engulfing) or a break and retest of previous low on H4 would be a signal for entry. JPYs move in the same direction so EURJPY can give an indication...

Mrwarm_

Top-down analysis - Weekly timeframe indicates a ranging market with price at a major resistance - Last Daily candle was bearish below the major resistance - Price has tested major resistance and formed a lower low - Inverse pinbar (bearish) formed followed by a Bearish Engulfing on H1 which was signal for first entry - Current pullback ongoing and signal on H1...

Mrwarm_

break and retest of minor resistance on H4 for short term buy to the next high

Mrwarm_

Started riding the trend already. Wait on a pullback and get those PIPS!

Mrwarm_

Anticipate Price Action and follow through

Mrwarm_

Retest of the broken resistance for another entry

Mrwarm_

Potential Break of Structure or Resistance on H4 and Retest will validate the long trade

Mrwarm_

REASONS: 1. DAILY TIME-FRAME INDICATES A DOWNTREND (LOWER HIGHS AND LOWER LOWS). PRICE BROKE THE RECENT SUPPORT AND RETESTED, TURNING SUPPORT TO RESISTANCE ON THE DAILY 2. H4 TIME-FRAME INDICATES A FALLING WEDGE WITH REJECTIONS OF THE PREVIOUS RESISTANCE BEEN SHOWN. 3. PRICE IS CURRENTLY CONSOLIDATING SO A BREAKOUT WILL INDICATE THE DIRECTION. WE WAIT ON IT.

Mrwarm_

BE THE JUDGE AND WATCH. IF IT PLAYS OUT, IT'S GONNA BE A WONDERFUL TRADE

Mrwarm_

LATE ENTRY BUT WITH GOOD RISK MANAGEMENT, IT WILL BE WORTHWHILE

Mrwarm_

JUST MY IDEAS FOR A LONG TRADE. LATE ENTRY BUT STILL WORTHWHILE WITH GREAT RISK MANAGEMENT

Mrwarm_

The daily and weekly charts indicate a ranging market! Minor support held on the 4H chart. Currently looking at the 23.6 and 38.2 Fib levels for a short term buy and a fall down to the next low based off a H4 & H1 analysis. Meanwhile an Elliot wave seems to be in play which will be further confirmation of my bias.

Mrwarm_

Weekly chart indicates a continuation of a downtrend with the trend line although showing strong bullish pressure. The daily chart showed recent higher highs and lower lows but still respected the bearish trend line but hasn't broken any recent support created. The yellow dot in the zone been watched which is also acting as a support and a bullish trend line on...

Mrwarm_

Break and retest of support already or soon to be done. It's left to you to decide

Mrwarm_

1. Uptrend 2. Trend line and minor resistance broken 3. Pullback or retest of previous resistance and turning support will be confirmation for entry Meanwhile we wait on confirmation

Mrwarm_

1. Trend: Uptrend 2. Trend line break seen on H4 and H1 3. Strong bullish pressure on the daily 4. Retest of the trend line which is also a 61.8 fib level will be a confirmation Meanwhile we wait on the confirmation.......

Mrwarm_

1. Trend: Downtrend 2. Bearish Trend line continuation 3. Created a lower high on H1 after it's recent uptrend 4. Rejection of the 61.8 fib level which was also a resistance 4. Break and retest of the support area and trend line would be confirmation for a massive fall ....... We therefore wait on it Share your comments and ideas towards this!

Mrwarm_

Ideas to confirm my next approach 1. Trend: Downtrend 2. Bearish trendline seen. A breakout will be a signal for buys which will be indicated in the next H1 close but if it holds will signify trading with the trend 3. The lower timeframes such as M15 are indicating or showing rejection candles at the area of interest which is the trendline 4. Meanwhile we wait on...