The chart makes it all clear by itself! Straight buy no hesitation
Price is in a clear uptrend, as it 61.8 fib has been retested, both MA's are about to cross indicating price to be bullish. Let's see how this plays out, let me know your thoughts in the comments.
Simple price action trading. Noticed last week price created a swing high, and based on previous market structure, and the overall market is bullish. Price as already broken through our mini resistance, 5min entry to determine sniper entry, using 50ma, multiple rejection on the 61.8 fib, for me is a strong buy to the next resistance. Will keep you updated.
On the daily timeframe we can see price is failed to break the previous daily swing high. On 4H, 1H time frame we also see this is an area of previous resistance. Pressure is still bearish to me, unless price breaks resistance, then trade is void and we adapt to buy, resistance now becomes support and we buy to next resistance.
Yesterday we saw the stop hunts taking out those who thought price was bearish. We are currently seeing a retracement to fib -61 (blue support box). Tracing back to past price action, this is an area of mini support. Daily & 4h still suggests price is very much bullish. We will see price retrace, then back up. Follow for more...
potential buy what you think? moving average pointing upwards
Sell trade pending! Wait for the entry from the 61.8 fib, if analysis is correct we will sell heavy! Wait for London session at 8am GMT
PRICE ACTIOn TRADE. GREAT R:R TRADE. When in profit and the market starts retracing and making higher lows, move your stop loss just above that new higher low so that you break even. Let me know how you do? Like this analysis give us a like & a comment!
USDCHF buy idea is a clear as daylight, pretty much confident that price will playout as follows. Price will push up, and then retrace before another strong push to the upside, I will enter after the retracement takes places. Amazing R:R. Nothing but price action trading we do over here. However, I am also aware that we are at a key support level so, we also...
Price has retraced, great time to enter on 15min TF, nice R:R. Control your emotions guys, let it play out. Worst comes to worst it hits your stop loss. No problemo
Price is not breaking above resistance, and reversed. Currently retracing and price has touched the 61.8 fib level, waiting for a breakout to the downside in this mini consolidation . Then I will look to sell all the way to the deep end! Wait for a breakout out of the consolidation zone on 15TF, then sniper entry. Tight stop loss above the last higher low in that...
Price is retracing, and now approaching the 61.8 fib level, wait for confirmation and SELL to -27 fib level. Again this is all price action trading, with various confluences. Wait for confirmation and sell!
We can see that price retracing, and approaching fib level 61.8, when price hits this level wait for strong bearish candle indicating a huge sell to fib level -27, which will be your TP. WAIT FOR CONFIRMATION!
EASY PRICE ACTION ANALYSIS AHEAD OF NFP! WAIT FOR CANDLE TO BREAK ABOVE THE MAJOR RESISTANCE OR BELOW THE MINOR SUPPORT. THIS IS AN EASY SETUP!
We see price re-testing previous market structure (resistances), a potential sell opportunity to the downside. Sell if price breaks through the upwards trendline. Enter to sell at 1.27933 TP: 1.27649 HOWEVER, if price break through resistance 1.28032 then we are seeing a continuation to the upside Enter to Buy 1.28065 TP: 1.28361
Depending on what happens during the Asian session overnight, we could see a potential buy during that London opening session @8am. Keep your eyes peeled on this one. Either way, there could also be a strong breakout to the downside at the London opening session. Keen a close eye on those candlesticks between 7:30am-7:50am.
We can already see price testing support area @ 1.29285, as the markets closes for the weekend. What we could see during the opening of the London market session is either price re-testing the support area, so the big boys can stop hunt those who are holding their sell positions over the weekend, then a complete bullish movement. Or for price to continue on the...