This is a countertrend trade so risk less than usual. This is an overextended pair to the upside im expecting this pattert to complete and retrace deeper before pushing higher. Targeting orderblock.
It is at previous weekly resistance and it should act as support now. Overall target is like in the picture. That is weekly target so it might take some time to reach there. Today is NFP day so i will be carefull about wicks and weird moves below the last lows. Entry can be at 0.79 or 0.70 fib level. Greens line is partial tp level. Good luck.
Need to see a pullback, some kind of support forming near this levels. Entry SL might change. Target will be same. Daily starting to shift to bullish 4h created a double bottom.
4H break and retest is safe position. If this asian session ahead of us breaks the range upwards and retests it can be a long entry as well. The safe position is on the right. 4H timeframe looking like its shifting momentum to the upside. Created a equal high and it here might be a higher low. Nice RR trades. Put your stoploss and your tp's according to your rules. Enjoy
Price rejected the daily structre yesterday. After the rejection it impulsed upwards. Looking like inv head and shoulders. Right shoulder might be between 0.5-0.618 fibonacci taken from the low to the high of the previous impulse. The position showing in here is symbolic. Just expecting this direction if i see a higher timeframe wicks. React after the wicks.
I am expecting this move to happen. GU is rejecting the daily structure in 4h timeframe. It will go up to create a lower high on 4h timeframe. When it comes back to that level if it creates a double bottom, inverted head and shoulders, any signs of momentum change i will long. Until i will look for shorts. It can break this level and retest as well. Possibilities....
descending trendline. Some rejections. Possible double top. 1:1.7 RR trade. Looks nice with the last 1h bearish engulfing with wick above. Tasty.
Price broke 4h horizontal level and retesting it right now. We have this ascending trendline which had a false breakout to grab the liquidty from lower. I am expecting EURJPY to go even higher than the last weekly highs. When i see my rules i will adjust entry and stoploss. Target will be the same. Swing trade.
Price recently created a double top formation on 4h timeframe and broke below the structure. I want to see a pullback into between 0.5-0.618 fibonacci levels which matching with the neckline of M formation. After the rejection and if the rejection happens i will go down to smaller timeframe for better RR short entry. Target is as shown where the daily wicks are. Enjoy
Price created a lower high with a huge rejection wick to the last high. Candle closes are below the .618 fibonacci level so i will look for short positions in lower timeframes. The thing is when it reaches the last low it might not just break it. So i will try to go breakeven when it reaches there. Enjoy
Price broke an ascending trendline and created a lower low in 4h timeframe. After the correction/exhaustion when it creates a lower high i will look for shorts. Last Higher low and current push's fibonacci zone is matching so i will wait for market to react to this area (golden zone). After the 4h rejection wicks i will go down to smaller timeframes to look for a...
I am expecting a bearish movement next week. Early next week price should go up and create a some kind of resistance above from the current price. It will probably be near the last 4h resistance. Entry will be between 0.5-0.618 fibonacci zone in lower timeframes. Stops above the 4h resistance depending on the candlestick formations. Stops will be breakeven when it...
Candles on 4h creates a nice head and shoulders completed with a small retest of the neckline (white retriangle). I want to see a proper retest&rejection of the neckline for another short position. After the rejection the entry will be on small timeframes with different stoploss. Target is last daily lows.
Price rejected daily resistance (green horizontal line) once again with creating a possible head and shoulders pattern. It already rejected the zone between 0.5-0.618 fibonacci levels so it might continue going down from here. So what i will do is i will look for price action in lower timeframes to see a short entry. Stoploss will be different. Target is -0.75...