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- Lenart replied Nov 8, 2023
I'm watching 1.061 as a possible long entry. I suspect that PA will go there (don't want to open short, though) based on: 1.061 has proven to be quite strong S/R level it is near 0.618 fib retrace from this months swing up it is almost 100 % fib ...
- Lenart replied Nov 6, 2023
Can't see divergence (don't mean that there is any) but I do see bearish flag forming in H4 (decent flag pole) which suggests lower PA. If I add confluence of strong support and 0.618 fibo of last up move I get target around 1.061. We'll see, though. ...
- Lenart replied Nov 2, 2023
This supports your call. Can 1.054 even be reached today?
- Lenart replied Oct 26, 2023
Shot across the bow?
- Lenart replied Oct 25, 2023
Agreed. Not that I focus much on lower TF, but it looks like continuation bearish flag:
- Lenart replied Oct 25, 2023
There might be H&S forming on daily, too. Neckline around 1.05 (just food for thought).
- Lenart replied Oct 25, 2023
Do you mean this one?
- Lenart replied Oct 25, 2023
Yesterdays reaction to monday up move was quite strong, so I expect bears to push price further down. I will consider long as an option when price reaches 1.05 area. Still a lot of ground to cover and resistance areas to clear, though.
- Lenart replied Oct 24, 2023
USD Index on 0.618 retrace from yesterday's swing low. That might cap its today's rise (decline of EU), but we have some red news coming up, so it could turn to anything can happen tuesday.
- Lenart replied Oct 24, 2023
I don't see any engulfing on your chart. Mine doesn't show it either (H1 or H4). In fact at the moment it looks like bearish engulfing forming on H1:
- Lenart replied Oct 12, 2023
Agreed, I don't see it either. But my chart (Oanda feed) has sth that can be enterpreted as engulfing. Is it not?
- Lenart replied Sep 28, 2023
Yup, that would be great entry. My reasoning for 1.053 in picture. Red line (S/R level) is in confluence with upper line of pitchfork. SL 50 pips and if it gets to 1.056 I'll add to position.
- Lenart replied Sep 28, 2023
This is from Oanda:
- Lenart replied Sep 27, 2023
Finally luck with TP. Usually comes within few pips and back off, but not today. (I trade live)
- Lenart replied Sep 27, 2023
My view on GU (repost of a picture, PA going along so far):
- Lenart replied Sep 26, 2023
Back to trading. I don't trade GU at the moment as I have other positions open and I want to have some equity in reserve. However I watch GU closely and I (as IUS) also expect price to get to 1.21. Here is my educated guess (fib retracements and fib ...
- Lenart replied Sep 25, 2023
Bullish butterfly pattern on EJ forming? Ratios are close to perfection.
- Lenart replied Jun 21, 2010
AU — Bounced on 200SMA (orange) and reversed at 150EMA (pink) to test 200SMA. If it gives away, than there is old R level @ .8743 and I'm looking to TP @ .8704
- Posts by Member Search: 'Lenart'