Tieusoros

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EU 13/11/2015

4:51 PM |

CONTEXT:
Daily chart is finished pattern with 5 wave down so maybe a correction atleast FB 23.6% . However correction is always too complicated and can hurt you. 


-Bar 57: two bar reversal short signal , maybe small abc pattern but not touch any  resistant and after three strong bull bar good close so context is not good . Wait
-Bar 62:  very good doji bar long signal with long tail below,context is neutral since although the trend is bear but market make one higher high at bar 59 so maybe trading range in short-term and buy at bottom of range is the good context. Long above bar 62.
-Bar 113:   good dragonfly doji  but market can not make high again and test this area the fourth times so it is easy to break than reversal.  
-Bar 117: break out with good close at bar 116 and pause bar at 117 so good context if short below bar 117 for atleast a scalp . Short below bar 117 for a scalp


-Bar 127: good shooting star short signal bar at FB 61.8% from bar 89 but first signal  after six consecutive bull bar ( not like abc correct in 1 minute) and good spinning bar in chart 15M,1H so this context is not good for short
-Bar 129: shooting star short signal bar at FB 61.8% from bar 89 again (some overlap ) and bar 127, bar 128 show the bear pressure with long tail above , it is also touch RS at MA 15M  so we have good context for atleast a scalp. Short below bar 129 for a scalp  
-Bar 152: two bar reversal long signal bar (overlap but make higher in 15M), good context by touch channel line bar and may be ABC pattern with 5 wave in C and end of big correcttion so the reward will big. Long above bar 152
-Bar 163: two bar reversal long signal bar, double bottom (good small bar in 15M), good context by touch channel line bar and may be ABC pattern with 5 wave in C and end of big correcttion so the reward will bigLong above bar 163
-Bar 182: short signal bar at FB 61.8% .Short below bar 182 ( fail since bull trend still strong, not clear wave so context is not good for counter, counter need very strong context) 
-Bar 184: very good short signal bar again with very long tail above show the sell pressure is tronger, chart 15 M  good bar with long tail above and close below mid point .Short below bar 184 

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