Sells taken on EU, based off the H4 timeframe. Bearish structure followed by bearish confluences supporting the confluences backing the sell. Nice R:R if this trade plays out
Daily analysis, H4 entry, bearish moves to follow - if prices moves as it currently has been
Standard sell off strong H4/DAILY resistance, down to previous H4 bullish structure. Daily is still bearish so the resistance level we're selling off will have to be broken to confirm a bullish bias on the daily
Nice little retracement to continue the bullish play, the bull move is exhausted and has reached the -27% fib which calls for some sort of retracement - ideally to previous structure levels
Bearish across the Daily/H4 timeframes, price has exhausted the bullish movement, now I'm expecting price to drop back down off the current structure/resistnce level its currently at - creating new lows. I've added a big stop on this (120 pips) which covers the fib, so if I'm stopped out this will be confirmation of a trend change on the H4 timeframe
Sells based on the trend. Following Daily/H4 trend direction, with price rejecting previous swings on the H4/Daily timeframe. Simple structure movements, hopefully a simple play of price action
Nice pullback buy off clean support, targeting the previous lower low structure poiint.
First trade this week! Nice sell lined up, back down to previous h4 struture to then head back up, keeping the bullish formation valid
Been too busy to be focusing on entering any more trades, but marked this up and it looks good. Never traded nas100 before but clean price action - may be one to add to the list. Going to read into the candlesticks more on this pair and see how it moves, this setup will tell me a lot about the pair also.
forgot to post this one, price rejected key resistance, were bearish across timeframes on this pair. Once price reaches targets I'm expecting further bearish setups to form. I can see price easily coming down to 1.04500, where I have a set up scenario waiting depending on price action formartion.
Sells hit my targets for a 3.85% gain, buying back up off key support to previous levels.
Similar to AU, scroll left, read the candlesticks, observe what they are trying to show you.
Resistance to support sell, price action painting a picture.
Sells down to previous structure support, to then buy back up
Sells down to previous structure, we will then assess once price has reached this point. Clean price action so far
Sells down to support, to continue the bullish sequence. Nice price action!
The bearish move has been filled down to the -61.8 fib level. Now I'm expecting a rejection off the support its currently sitting on, back up to 1.66000 where the previous lower low is. If price reaches here I'll be expecting price to continue the bearish sequence its in. lets see how price forms
Selling this pair off as its reached H4 resistance, targeting previous H4 structure. Price doesn't necessarily need to comply, if it breaks through resistance and hits my stop, the 0.59200 level is the next area ill be watching closely for rejections.