Possibly, but right now, I'd be looking for price to establish reversal pattern, and only worry about lower prices if it fell through. Right now lower time frames look very bullish. But targets are not as far reaching with say an M5 flag formation. ...

Bull City Baby! Buying Opportunities

What's that? ha ha, just kidding. Not really, except for MT4 journal, and what I post here...

Bull City Baby! Buying Opportunities

When I look for reversals with solid foundation, the more candles the better, because if more candles it means more consolidation, which means more of a break out when it moves away from the foundation. Right now the move has just started, which is ...

Bull City Baby! Buying Opportunities

Now's a good entry point with SL at 117.89. However, the foundation is still a liittle unstable in my opinion, and I'd still look for possible resistance and retrace...

Bull City Baby! Buying Opportunities

Yep, a pattern. Main thing is seeing the price establish support and build a foundation. Just a strong move up, can come down just as fast. But if it establishes support, then it forms a bottom or floor. But it looks a little different every time, ...

Bull City Baby! Buying Opportunities

I'm still waiting for a reversal with a stable foundation Entries now might be okay, but I'm only seeing the bounce so far, not the complete reversal... And I did say I wasn't going to post my bounce trades...

Bull City Baby! Buying Opportunities

coffee break

Bull City Baby! Buying Opportunities

Excellent detective work. Maybe it's me being sensitive again. But I spoke without thinking, and it was kind of a flippant remark. Your response was warranted. Please accept my apology

Bull City Baby! Buying Opportunities

Ha ha, so I'm not the only sensitive one here What makes you think I was talking about you? If you never mentioned the thread, or me.

Bull City Baby! Buying Opportunities

No problem. Just tried to give opinion, but I tend to get to wordy :nerd:

Bull City Baby! Buying Opportunities

I'm almost afraid to give my opinion. Other poster already seems to be blaming this thread for not following his own rules ha ha. But I will give you my opinion, with my signature disclaimer, and also with respect to you knowing you are mature ...

Bull City Baby! Buying Opportunities

I would never tell someone what to do, as it's not my risk. I know there will be a bounce, and I know the price will at least "try" to go at the prior high. But other than that, no way to know what it might do, when. But I'll also so this, typically ...

Bull City Baby! Buying Opportunities

ha ha There I go again, I'm on a role misinterpreting posts. Sorry. Some of the posts prior have made me ultra-sensitive. But you did mention selling Anyway, just kidding. Thanks for your response. I'll try not to be so sensitive... ...

Bull City Baby! Buying Opportunities

When I see the reversal I will call it. Of course anyone else can call it if they feel they see it. I recommend only calling the H1/H4 patterns, since the lower patterns will not be that reliable or sustainable with this deep of a retrace. But there ...

Bull City Baby! Buying Opportunities

Typically what happens when retraces like this occur, is traders try to guess, or anticipate where price will bounce or reverse. I do it sometimes. And this can work sometimes. But right now, I'd suggest looking for a reliable reversal pattern on H1 ...

Bull City Baby! Buying Opportunities

I'm not sure how to respond to this. But I assume RR is me? I'm not against selling. I just started this thread to focus on looking for buying opportunities, (right now with UJ), as well as some other reasons. Trading involves waiting, does it not? ...

Bull City Baby! Buying Opportunities

At the very least, this looks like it will be another strong bounce...

Bull City Baby! Buying Opportunities

I've also entered at 117.81. On daily chart, could end up being just another bounce off of 20 ema. But again, my broken record disclaimer - there is no reversal yet, and we need to start taking out some resistance levels and holding above them...

Bull City Baby! Buying Opportunities