It looks like price is in a down retracement. I'd sell to the 38.2 fib level of the entire up move. Price may continue lower, but I know there is a high probability that price could reverse at this level.
Looking for a break out of consolidation and a retest of the area to enter into sell.
Price returned to the 61.8 fib level on the retest of the initial down move. Price should TP at the 1.618 extension. Price pulled back on the second impulse down to the 61.8% fib level. Will likely go down to lower time frame for a pullback, trendline break for entry to the downside for ~330+ pips.
Looking at a potential retracement sell. If I receive confirmation this is a sell, I would trade down to the 38.2 fib level and take profit.
Price has fallen to the 50% fib area. I am looking for buys at this point and have entered one position.
Looking to take this to the D extension around 1682.00.
Looking for potential continuation sell on this pair. Price broke thru the inner trendline and is currently in the 38.2% fib zone for the move down. If price respects this level, I anticipate a roughly 178 pip move to the down side to complete the entire move. Price could potentially go back to .862XX area. Will hold and trail SL if we make the move to the downside.
Price looks to be respecting the key 61.8% level of the down move. I expect price to continue to respect this level as the fifth wave is over extended and is overbought. Anticipating the down move to continue from prior to the pull back.
Looking for longs on this position. Price has broken the inner trendline to the upside, anticipating a continuation on the uptrend.
TradingView wouldn't let me be great. The title is supposed to say, "How I Idnetify Key Trading Levels | Multi-Time Frame Semi Analysis". :) Now that we've gotten that out of the way...I put together a quick video showing how I mark up my charts on each Friday, Saturday, or Sunday. I start from the top down and identify the obvious high and low point...
I believe price is currently in a down retracement and has some ways to travel before going back into the buy trend. While waiting on price to reach the level for a buy, I am looking to sell. I am looking for price to break 1 hour support and retest before entering into a sell.
Price has broken through the upward trendline and looks to be retesting. Assuming price stays in this area, I will be opening a sell position at market open and taking it down to intermediate support.
Waiting for price to retrace between 38.2% and 50% fib level for rough ~141 pip buy.
Price seems to have rejected from the 78.6% level of the down move before the bullish retracement. Assuming price continues to respect the current level, I am anticipating it to travel to the 1.18% D extension, which is also a key level of support.
Price has touched the 61.8% of the first impulse move. I will open a buy position here. Anticipating price to go to the upside ~ 250 pips. Price will need to break thru intermediate resistance for me to ride the trade the full long position. If price rejects, I will take profit at intermediate resistance level.