vitowodenik

vitowodenik Updated 

I added a buy position just now after the market made a BNR pattern on LTF indicating of little to no slowing down on its way to test the most outer daily zone in the square on the chart - significant daily resistance - before turning around.

vitowodenik Updated 

We've been here before and bounced back down. Betting on this same outcome also now after the H1 had a BOS.

vitowodenik Updated 

We managed to break free from 55 days long consolidation yesterday and today we saw a retracement to the LTF zone where price found support and bounced back up. H8 TF had a bullish engulfing candlestick pattern confirming buyers are in control.

vitowodenik Updated 

Price broke resistance on 19th of October and went in to a range quickly after that for 15 days before coming back down to retest the psychological level at 0,86500. At the same level price touched smoothed SMA200 on daily and H8 which brought some more buyers in to the game. Since the price is making HH/HL, combined with the BNR pattern I'm convinced we could...

vitowodenik Updated 

We've been in this huge range for over than a year now, playing table tennis from one side of the range to the other. I'm placing my bet that the game will continue and that sellers will bounce back the price to the buyers somewhere lower in the range. I'm looking at the last three trading days (from 6th - 8th November) as a retracement to the zone after the BOS...

vitowodenik Updated 

After closing a position in loss 2 weeks ago I'm giving GBPNZD another opportunity. I missed a better entry on 3rd of November after the market did a retest of the double bottom neckline. Now the price made a pullback (better seen on LTF) and following the bullish structure I took the chance to enter the market for 2R position. Market is still telling me it can...

vitowodenik Updated 

We've been making HH/HL for the last month, ever since the price bounced off of the significant daily support on 4th of October. There's not really much more to say other than that - the market will decide if it wants to continue with the structure or be a prick and stab us in the back. Entry signal was a BNR pattern of the H1 TF at 1,06977. Since the market is...

vitowodenik Updated 

GBPJPY broke through resistance on the 31st of October. It took 3 days for price to find support from which it can bounce and continue its journey higher. GBPJPY was on my radar since the break of the zone, I entered a buy after H1 had a BOS and failed to make a LL and breaking previous highs thus starting a bullish structure.

vitowodenik Updated 

Price broke significant daily support on 25th of September and continued downwards making a LL. There followed a retracement that might be at an end after closing in on an upper down trending channel line at a resistance and making double top pattern on HTF and BOS on LTF. SL is above previous highs. TP is wider than I would usually use, but with swaps in my favor...

vitowodenik Updated 

Price bounced from a significant daily level on 29th of September and is now on it's way higher. I'm looking at a range above that level as a gathering of buyers, waiting to burst out of almost a month long consolidation. I'm entering a buy at a support of the range, after market failed to make LL and H8 TF made a bullish engulfing. We might see price push back...

vitowodenik Updated 

Double bottom at a significant daily level is a sign GN is going for a push higher. Even though we are at a resistance, sellers failed again and again to break the support. Big bullish wicks indicate buyers were entering the market thus diminishing the sell-off effect. I entered a buy after H1 failed to reached mentioned local support with a strong bullish candle.

vitowodenik Updated 

Price found support at a significant daily level. I entered a buy after it broke free from a range. It is now expected for the price to go for the next daily resistance.

vitowodenik Updated 

HTF (D/H8) shows a break of resistance. Price came back to test previous lows and found support on LTF as we can see on the H1. We added a scale-in after price broke previous highs. EC is now expected to move to a higher resistance.