Looking for a 4h entry Only enter with some form of validation Lookin for a double bottom, maybe even a little divergence if I'm feelin frisky
It's at a daily key area and it's tried to go up and looks like it's losing steam. It's breaking to the downside - stop order time
EURCAD Going for a down hill run? Potential Double Top Trendline Daily key area Let's see what happens
Price has dropped a looooong way dude. If it finds upward momentum we could find a long trade off it's current daily Key area after a push up. A short from an upper daily or 4h key area... And if it keeps the upward momentum it could retrace to the green 4h key area which is in-between the 78.6 and 61.8 fib levels. Only take trades that are validated. Don't...
Daily key area + Double Bottom with engulfing entry + 15m Divergence GBPUSD has just run 170 pips to the downside in the last 14h without much of a pull back. We've also just had the DXY approach a 4h key area and it's diverging on the 15m. Confluence - getchoo some!
Retracement to green key area for a potential short trade opportunity. Don't enter the trade unless you see validation that it's likely to go downward. Look for a candlestick price pattern or a divergence at the key area.
I've been waiting for a trendline break. How far will it go? Our Fibonacci lines may give us something to look forward to. 1st stop could be 54500, 2nd 53000, and 3rd 51500.