we are coming to a sell opportunity if the fib doesnt extend down any further...
its a retest of the broken trend line, a retest of yesterdays lows, the 50% fib retrace, which GU favors. also the 14 /100 / 28 / 50 EMA's all bunching up there too.
take partials along the way and set SL to BE once in profit.
here is a nice set-up for a short coming close now on GJ...
its the retest of the broken ascending TL.. along with the retest of yesterdays broken support (now should act as resitance).. and also the 38.3 fib retracement of the move down.. i believe this may at worst go to the larger faint fib 38.2 retrace i have marked on this chart too, so the SL should be...
this set-up is based off the 38.2 fib retrace, landing directly on a old strong resistance turned support.
obviously take partials along the way and set SL to BE once in profit.
here we have price coming down to the 200 4hr EMA.. along with the main trend line 3rd hit, plus the key level of the lows to the left..
obviously take partials along the way and set SL to BE once in good profit.
currently on a 38.2% fib retrace, and a KL retest.. it has EMA's with it just below it give it support to, i will be securing this trade at 25 pips / taking partials
this is a 3 confluence trade.. we have the 38.2 fib, the retest of the KL, and then the 3rd hit of the TL with it too, ill be securing this trade at 25 pips and seeing where it can get from there
100ema , 50 fib and kl retest.
3 confluence trade, ill be securing at 25 pips.
this is in line with a GN buy i have also, check out my other trade ideas for that one.
still a long way off, but its the main target for my swing short, and somewhere ill be looking to enter a swing long. its the 38.2 of the main big fib, and nice KL.. if that KL does break, i see price being able to drop RIGHT down again..
obviously ill be taking profits along the way and setting SL to BE once in nice profit.
check out my other ideas for...
this is just one of my trade ideas i see for the next few weeks on GJ.. this one is the first 38.2 fib buy, with KL, whilst it could easily run up and give new highs, i would expect price to move further down before new highs, so obviously take partials along the way at KL's and protect the position with SL to BE fairly soon.
you can see my other set-ups in my...
we have been consolidating for some time of GJ now, after a huge move up... my last buy worked perfect, but we are now breaking down on tech, a retest of the TL is a good opportunity to short and run all the way down the to large 38.2% fib
i will be posting trade ideas for the way down too.
here i have marked areas that im interested in..
the boxes are levels that dont move.
the circles are trend line hits that ill be looking at, and will move with the trend line as time goes on.
red is sell, green is buy..
light blue is just a strong key level
main areas of interest for me are:
156.50 - 156.60 SELL (weekly key level, bound to see some...
