Price breaking out of this descending triangle beautifully. Very early entry for me
Price broke out of ascending triangle formation on daily chart.
Little short idea from the above structure, interested to see how this plays out! My target is somewhere between the marked out bearish target and the halfway point. My entry was 113.690
Re-entered with new analysis as previous idea hit SL. Using a lower risk. Price is in a beautiful 4H falling flag formation, reaching previous support on the Daily chart. Will look for a pre-breakout of the falling flag, using a 15 EMA to trail stop.
Lovely rejection from area of previous support, looking for a pre-breakout of the descending triangle formation. Entered with a 1,2,3 Engulfing on the 15 min timeframe