Price is currently at a confluence of a strong visual resistance, psyche level-1.7650 and R1-1.7644. Edit: I attached a chart below.

Psych Levels, Pivots, and Trendlines - Resurrected

.. Till tomorrow then. Take care!

Psych Levels, Pivots, and Trendlines - Resurrected

.. Thanks for sharing that "trick" Happy!

Psych Levels, Pivots, and Trendlines - Resurrected

61.8% retracement — Price created a higher swing low at the confluence of CP-1.7490 and 61.8% retracement level. Entered after price crossed the high of the third candle in the higher swing high formation. TP was placed and was hit at the ...

Psych Levels, Pivots, and Trendlines - Resurrected

Fib trade and confluence recross — On the chart below, price made a higher swing high and 76.4% retracement after a bounce on the rising TL. First trade is after price crossed the high of the 3rd candle in the higher swing high formation. ...

Psych Levels, Pivots, and Trendlines - Resurrected

.. Nice trade guys! Also saw the breakup EV, which was confirmed by the one candle close above the upper TL and the gap upwards on the next candle. I wasn't on the trade though, I prefer not to trade counter breakout to biased chart ...

Psych Levels, Pivots, and Trendlines - Resurrected

.. You could be right Happy. But let's wait and see what PA shows.

Psych Levels, Pivots, and Trendlines - Resurrected

Still a rising wedge. It just got a bit bigger. Setting up for NY open?

Psych Levels, Pivots, and Trendlines - Resurrected

Just got back on my screen. You're right EV! Definitely a rising wedge and it looks like the previous M15 candle crossed and closed below the lower TL.

Psych Levels, Pivots, and Trendlines - Resurrected

Yes EV, those consecutive spinning tops does show indecision. But the last candle on your chart is pretty bullish after the bear candle that respected the ascending TL. I'm long from 1.7408 by the way after the retest of the ceiling which followed ...

Psych Levels, Pivots, and Trendlines - Resurrected

Didn't see that one. Should have considered the possibility of an ascending triangle after cable created a ceiling with the double top (blue rectangles).

Psych Levels, Pivots, and Trendlines - Resurrected

Just broke the ceiling of the triangle EV.

Psych Levels, Pivots, and Trendlines - Resurrected

Bearish Flag — Looks like the correction of the breakout is forming a bearish flag. What do you think guys?

Psych Levels, Pivots, and Trendlines - Resurrected

Almost — Cable made a tweezer bottom at 76.4% retracement. Bought 1 bid point above the high of the 2nd candle of the tweezer bottom. TP was placed at 100% extension (123.6% level). The shadow just missed 1.7404 by a point. Exit when it came ...

Psych Levels, Pivots, and Trendlines - Resurrected

.. Looks like we were on the same boat. Different entry analysis but it looks like our exits were the same.

Psych Levels, Pivots, and Trendlines - Resurrected

Breakout — Sell stop was hit 1 point below the confluence of CP-1.7490 and psyche level-1.7500. TP was placed and hit at visual support plus spread.

Psych Levels, Pivots, and Trendlines - Resurrected

.. We can't win them all. Goodluck on the next one!

Psych Levels, Pivots, and Trendlines - Resurrected

You're right EV. The candle failed to close above the TL at M15.

Psych Levels, Pivots, and Trendlines - Resurrected

A possible 76.4% retracement after the initial break of the TL? What do guys think?

Psych Levels, Pivots, and Trendlines - Resurrected

You're right EV. The break of the TL can be seen on both M5 and M15. Let's see if there will be a follow through of the break.

Psych Levels, Pivots, and Trendlines - Resurrected