Morning thoughts!
Going to be looking at fading extremes this morning unless we break and hold respected range swings. Also looking at taking shorts from above liquidity boxes. Looking at a long option if we test low range liquidity and give a good reversal signal.
Let me know what you guys think.
Have a good session!
Good morning traders.
This is my price action analysis on Usoil 4 hr chart for a possible long trend continuation entry. Currently price is consolidating around August 2018 low swing point. I had expected some overhead resistance at this level so i will be watching and waiting for price to reach my structure circle and provide me with an entry candlestick...
Good morning traders.
I'm quite interested in a short swing trade on gold futures quite soon. It appears we have some divergence happening coming into major weekly resistance zone. This divergence/resistance combined has created some bearish pressure enough to impulse past the first valley of 1320 area. I believe with all these signals together we could form a...
Good evening all.
This is my idea for March 10 overnight cycle going into Monday morning. I believe with the current pattern forming locally i'll be looking to play to the long side. The W pattern has been tested, but i believe with the local downtrend we can expect enough sellers to give a better entry going into tomorrows cycle. My overall theory will be to...
Good morning all. I'm currently looking at U-soil for a nice swing trade to the down side. Currently we have broken our daily trend line from December swing low and failed to find buying support around my marked zones. I will be looking to enter a short on the retest of 55.50 - 55.75 area covering short back at January lows.
Any ideas or concerns?
Cheers.
Good evening everyone. Going to be looking for a long entry around 2792.50 area. Will be watching for price to move down to buy box and present with nice entry pattern for me to base my risk off. Trade should set up nice for a 2:1 and 3:1 profit target exits. Will be exiting 75% of position around high of day( if we can retest area) with a trailing stop on...
I believe with the current low volume in price wedge we will see a retest of MID 2760's level. Long with a stop under swing low + a point or two has a good chance of testing high of day or possible make a new high into daily resistance zone. Take profits as price reaches current wedge/High of Day and third target being a new swing high.
