Failed to take august, september, and december high! Expecting to take liquidity below it!
I'm looking for a buy setup and rectangle area (might be not accurate), targetting previous high and long term target at 1.34. Sorry for messy screen.
From my point of view, price is showing rejection on the rising wedge trend, and retraced to 0.618 of fibo level. Looking forward to test 1.349x level.
This is my personal trade idea, targetting the imbalance on 0.731xx area with stoploss @0.73715. I'm quite confidence because it is forming double top, means strong resistance. (Red block) Goodluck!
I've learned that market is not straight forward sometime when it's about reversal or direction changing. You need to be smart, wait for confirmation (candle close) in higher timeframe. Be patient, I don't think it's a nice idea to go short. RIP moni
We need price correction before going higher again and test another resistance. Waiting for confirmation and pullback on lower timeframe. Check out the sell area. TP: 1.274xx Goodluck!
Price broke the trendline, get ready to go long when price have corrected.
There must be a pullback because the price has been moving up for a while. Short now and don't expect big pips, don't be greedy. After that you can go long.
From intraday chart we can see that the price is making head and shoulders, I think tomorrow will be a big moment for shorting. You can target next support, wait for pullback, confirmation and take a sell position again. Goodluck!
Downtrend still effective, find the highest possible entry. You can target next support area @1.64411 Good luck
Support level on 1809 have been tested multiple time, to break the ranging market, price must go further down below that level. I opened a short position because marked candle closed below 1812.5 support level. What do you guys think?
Price hit the support area, and its ready to bounce back.
If the price broke the support level (blue line), then market will continue it trends. If it refuses the support, then reversal going to happen? What do you guys think? Please share your thoughs about my analysis!
Let's go! This might be the last touch of the current support? The white dashed line is my entry position, really strong support and resistance (green and red boxes) so I'm really confident with this trade
Because the price is still below the cloud, I'm going to take short trade only