Price has retraced nicely to the 0.5 fib level from previous move. MM oscillator showing support with yellow bars Volume indicating bulls taking control of price. TP at previous high nice RR ratio of over 1:3
Looks like price is set to continue its rise. Volume on hourly switched back to bullish. TP at fib extension level 2
Nice bearish engulfing on the resistance level. MM oscillator showing overbough Volume indicating bears are taking control TP at 0.5 fib retracement SL above engulfing candle
Price looking overbought according to MM Oscillator Volume showing sell across both indicators TP at fib retracement level 0.5 nice RR 1:3
Price has hit the perfect retracement point (0.618) of the previous downward move. As it has reached this level it has been overbought got some time. Both volume indicators showing a downward move on the cards. Huge RR ratio of 1:12. Likely to take profit before this level is hit dependent on the MM oscillator.
Price looking overbought. Volume indicating possible trend reversal. TP at Fibonacci retracement levels ( has potential for a full retracement to 0.6180) SL above hourly candle
Price has trended nicely and moved through to the 1.618 Fibonacci extension level. We've seen a slow down and a failure to break past 0.7380 which appears to be a nice resistance level. We are overbought on the MM oscillator. Volume showing a switch to selling dominance. Expecting good drop with a good RR ratio of over 3.5 (but could definitely get more if we move...
Looking for price to continue retracement to 0.618 fib level. Quite a small RR ratio of only 1.8. All volume indicators showing sell.
Higher timeframe than id normally do, but spotted a nice set up. Volume has shifted to show sell across both indicators. On the previous downward move we created a new swinglow and it appears that we have made a lower high on the retrace. Ok risk reward ratio of 1:2. TP likely to be adjusted
Volume showing buy. nice pullback on previous candle. Good RR of over 4:1.Macd histogram declining
Price looks to have broken trendline. Expecting a pullback then should rise. Good RR ratio. TP at 1.6 fib
Looks like a H&s is forming, volume showing price could drop. Nice RR ratio of 4:1
Price has pulled back nicely and now indicating another push down. Serious sell pressure on higher timeframes so expecting the low to be broken
price set to continue downward movement
Nice pullback giving good RR for a potential reversal. Volume positive and MACD histogram declining.
High risk High reward trade. The pullback following that bullish englufing candle has been very deep giving a perfect opportunity to long at a very good level. Risk reward ratio is too good to not take the trade for me. Volume showing signs of bullish pullback, price is sitting on a trendline.
potentially might reverse at this level. Counter trend trade so only taking it because its a good RR