- Hit trend line - fib level -fib cluster -trading with trend - W pattern at trand hit - pulled back to 61.8
Why enter? -Hidden bullish divergence -Fibonacci level hit 38.2 -Trend hit - Pull back at trend line at 1m/5m time frame -Support hit - Fibcluster at every tp on the chart.
break en retest og a contracting decending pattern, with an doji candle at retest.
Brake and retest of wedge. the bareke is at 61.8 fib. The trend is in a uptrend/bullish.
Its a start og a flag og wedge pattern. still in a up-trend, but in a contraction right now.
Its a diamond pattern, and start at a public partisipation from a 61.8 reversal. going for sell
wait for break and retest of loweat paralell tradingline. Green line is tp1, and tp2. Both are fib level 6.18.
Down to new parallell trendline, and bil trendlline (pink)
parallell trend, trendline, PRZ zone, trend under trendline, strong support/resistance at fib 1.618.
bearish PRZ zone, and strong support and resistens at target. still in a down trend. parallell trend.
Chart mark ups: 1. market up levels 2. label your entry (1,2,3) 3. Label the entry confirmations 4. lable candlesticks Bonus: I have reduce time frame and highlight the market reversal at 1 minute. and it one at the 15 minute also.
Chart mark ups: 1. lable highs and lows 2. Expansion (blue), and contraction (red) 3. Phase (Accumulation, public partisipante, Excess/ Distribution, Public participation, Panic) 4. Lable entry points: E1, E2, E3 5. Reversal levles (black)
manny Q= Market strukture, (up, down, ranging) - uptrengs and downtrends. - Barket break the privious high to go in a uptrend./or low in a downtrend. - Support and resistanse. Market reversal. - break and retest. Dow theory. Market action theory - Expantion and contraction.
gold going long, pull back to trend line.