Targeting 1.1030 area for longs on EU. We are bullish on H4, Daily and the overall direction here is a Euro bull. We are forming HL/HH and have formed a two-legged pullback and rebound from a key demand zone. We have since pushed upwards, tested and HELD 1.0890 zone, from where i believe price will continue to surge upwards to 1.10++ levels. HL/HH from Key areas...
Ready to shoot off. Retest of key demand zone, and rebounding with bullish upside pressure. We will break the highs and reach beyond to the 210s.
Retest of supply/major resistance at 200EMA (H4), before rejection and USD bull strength comes in to push EU further down. Looking for lots of bearish potential.
GJ retracing to the supply on intraday TF before taking a nosedive to the demand/support zone. Strong bearish action expected after we make the last intraday push to the key zone.
Monumental shorts in play for Gold tomorrow, I believe. 1. XAUUSD In Range on H4 2. Very High RSI ( point of exhaustion) 3. Deep, overextended move without major pullback (one pointed move) 4. Price testing top of Major Resistance (rebound from range tops). Waiting for structure to get filled, and for news tomorrow to provide some volume for USD strength.
Following in line with USDCAD longs - strength of USD bulls still very prominent. 1. Trend continuation (trading with Bull USD Volume in our favour) 2. Strong downtrend 3. Retest of key resistance + volume rejection 4. Overextended on RSI (long built up pullback without a BOS to suggest a weakness in trend structure) Simple, yet straightfoward!
1. Nice uptrend - plenty of bull volume without BOS (break of structure) 2. Deep pullback with multiple retest at HL (higher low) 3. Nice rejection from retest on the HL and now looking for a vol confirmation from USD bulls to take this thing to the next Res level! 4. Exhausted pullback/low RSI on Pullback in a strong uptrend. Keeping it simple and easy.
Looking like a USD bull inc. 1. Strong Downtrend 2. Bear Flag pattern 3. Shark fin formation with an extended pullback (high Rsi) 4. Second retest of major resistance (on a lower high from the initial sharkfin) 5. Backed up by CONFIRMATION which is bearish candle break from the bear flag formation. Volume here will be utilised to effectively enter shorts once...
We are finally ready. I did rush in initially. I had to adjust my SL to 15800. That level should hold. We should be nosediving here.
Extended SL to cover the Order block. Second retry. Entering Shorts. Lower high on H1, pushing against 200ema. Overextended pullback (78+RSI) and RSI divergence among peaks on M5. We have swept liquidity and are now at the Order block zone. Looking for shorts here once confirmation comes.
1. Downtrend pullback 2. RSI Divergence on recent swings on M5 3. Retest of resistance + previous retests 4. High RSI (75 on M15) 5. CONFIRMATION - Early entries now at low risk. Once bearish candle volume is confirmed, enter at full risk. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY
Part 3. Another chance to enter an incredible potential swing for GJ. 5R + potential. Badly drawn resistance/supply there. A little bit of a rush to get in the trade as it was last-minute spot.
1. Downtrend (strong) 2. Key resistance/OB area being rejected AFTER sweeping liquidity 3. MAJOR pullback 4. High RSI (78 on M15) 5. Lines up with Trendline (just a little thing that adds on as part of confluence) All the signs are there, I would say the 1-4 points being the key. That's really my breakdown/how I view the trade. Huge R potential here, once again.
Huge opportunity here. I entered longs v. early last time and got blown out. Now entering and looking for 10R+! Incredible trade opportunity here as confluences line up!
Strong double retest on H4 HL (W pattern) and we have just pulled back once again back to key zone. On M30, we have continuous higher lows, and the current continuous pullback down to exhaustion (under 30 RSI) at key area of support around 200 ema. Looking for a strong bull bounce on lower TF to fully validate a big run. 4R potential here!
Big landslide incoming! Approaching supply/resistance zone on GJ on intraday TFs, overextended pullback looking to get back to trend and hit that 181.49 support zone!
Reverse H&S bullish on higher TF, nice hold on higher low of the last shoulder. Strong spring. Lots of bullish momentum
UK100 Longs here, higher lows formed from the bottom (Deeper pullback of a major bull trend on higher TF). Looking for Volume to explode to the upside.