Bullish PA Bearish trendline break Counter trendline Looking for retest of 38.20% fib level that aligns with EMA and structure before a move to the upside targeting 27.20% fib level aligning with recent high.
Looking for short opportunities here, I expect price to retest to the trendline area 163.000 with ATR and trendline confluence. This will allow a 3rd touch of the trendline which is historically the more likely touch for a reaction. Will await for price action confirmation for entry. Target marked below also ATR confluence. EMA opinions?
EMA, FIB confluence with Trendline. Opinions? I don't usually trade WTI however looking to start.
daily inverted hammer, EMA and ATR confluence with target level of structure. Await further confirmation in a price closing below prv candle on 4h. Opinions?
Potential 3rd touch of TL confluence, EMA and ATR along with structure. Targets in coloured boxes.
Depending on fundamentals and further technical analysis on market open, shall be looking for short opps based on this 1D Shooting Star. Will await price to close below SS before looking for short opportunities. EMA confluence
Targetting -27.20 fib level after price closed above the previous bullish candle in both 4h and 1h chart due to fundamentals.
Daily bearish PA, and 4h. EMA and ATR confluence Target 1: 1.08700 Target 2: 1.08550
Looking to short this pair to the previous daily high around 1.08500 based on PA, structure levels and higher timeframe bias. What's your opinion on EU?
The Long position I posted last night played out very nicely over this morning, I would like to now catch this pair on the way back down towards the level of structure to bounce and continue on upwards what's your opinion on this pair?
Option 2: USDCHF, this could be the alternative option depending on PA tomorrow morning,
This is option 1: for USDCHF for me this week, price failed to close above the previous 1D candle, no sign of reversal but this may be a nice long position for a retrace, price broke below a significant daily structure level and I believe it could retest it hence the long position and the fact that the most recent candle was quite strong I will post option 2 in a...
Price failed to close above the previous 1D candle. PA rejecting the recent structure 4h/1D, lots of wicks on the 1H, I expect it will retrace to the bottom colored box, and then let's see! Opinions?
This is my brief analysis for NZDUSD early on this coming week, with a possible bounce back upwards after that. Opinions?
I am long on EURUSD this week due to PA, trend and the recent daily candle closing over the previous high. First target is at the green line at around 1.09400, and will monitor as and if that happens. Good to be back! How are you all?
Confluences detailed in the chart text boxes. Opinions?