PoorMansForex

PoorMansForex

Similar set up here - Potential pull back to previous resistance. Rejection of this, key Fib level and not producing a Higher Low would indicate to me that we may see a good position for for a long position.

PoorMansForex

We have a bullish market on this pair - currently broke previous resistance - Now acting as support. Something I use within my strategy is the FIB tool. I will be looking for a long position should price come down and test/reject support - Which would also reject key fib level. If the EUR continue bullish - adjust FIB tool for pull back.

PoorMansForex

A clear bearish channel formed here. Looking for this trade to hit the top of the channel which would also see it test the 618 Fib level. From there, we look to manage the remainder of the trade. Potential to create the head of a possible H&S?

PoorMansForex

Could see a rejection of previous low here - Pull back to the trend line potentially.

PoorMansForex

I am looking for rejection from resistance zone, trend line and 50% Fib level. 3 key zones to give me my short option.

PoorMansForex

Looking to get into a short position here should it reject to support of the channel.

PoorMansForex

Nice structure of a bearish flag - a continuation pattern. Looking for a buy position should price come down to the support area marked.

PoorMansForex

We have a break of the down trend - Daily support rejected - EMA cross over - Just testing this small resistance zone, big impulse move through both - Or potential pullback to retest trend

PoorMansForex

Looking for a retest prior to entry here with the possibility of a second entry off resistance. I am waiting for this trade to move with my bias.

PoorMansForex

Looking to buy a long position here - 1H rejection off the 200EMA - 4H support being resistive for some time since the break. SL - under 200 EMA - Bollinger bounce imminent - low wick tests support bulls taking control.

PoorMansForex

Looking to enter off the retest of previous resistance - now support. Potential 2nd position should this wedge hold its formation.

PoorMansForex

Daily timeframe showing bearish movement - into the 4H charts, this current support zone is on the daily - 4H showing signs of rejection. Looking for a candle formation on the lower time frames prior to entry.

PoorMansForex

Looking for a break and rejection with a pull back to resistance and old uptrend. Double zone rejection, enter.

PoorMansForex

Our simple strategy called The DDT is working wonders, currently at 82% ratio. Here’s our current trade, we are in a buy position, overall bias is short should it hit resistance and show us rejection to the downside.

PoorMansForex

Rising flag, rejecting the resistance of the flag, huge continuation pattern, easy trade back down to the support of flag.

PoorMansForex

A nice rising flag pattern after a down trend. Reached a zone and the downtrend, rejecting both and breaking the support of the fag. Await retest, then rejection for a short down to the next zone.

PoorMansForex

4H and 1H rising flag after a push down. Sell here with a target of the bottom of the flag, await break, retest and enter a 2nd position to the next support zone.

PoorMansForex

Here is a rising flag pattern, indicating price will break out to the downside. Await break, re-test and look for confirmation on the 15 minute time frame for sniper entry.