Snipped with a sell limit order. Waiting for a little pullback to add positions
If this should play out well,my max target is 1.8400
Structure has been broken. Let's if that area holds as the new lower high. A nice 4.48:1 RRR trade
I'd be paying close attention to price action if we eventually get to that key area, for a potential shorting opportunity.
Just following the downward channel. The trade becomes invalid if price should take out the previous lower high. All things being equal, this is going to be a nice trade with a good RRR. Happy trading!
Price could either reverse from the first daily zone around 1.3340 or continue in this downward channel and get to the next daily zone around 1.3200
The confluences are obvious.
Price has formed a triangle pattern. And i see price more likely to break to the downside, although i'd be flexible enough to catch even a break and retest to the upside. What's your take on this?
EURUSD is forming a head & shoulder pattern, a reversal signal to the downside. The bearish bias will only change when price breaks the current ranging area and show a clear move to the upside. Peace!
Price has been in an overall uptrend for a very long time, but currently in a downtrend. We've got to the bottom of the overall down trendline, and now price is showing some signs of the current downtrend reversal. Price has pushed up from the down trendline and retraced back to the golden fib levels, forming a double bottom as well. And now, we can see a sign of...
US30 has been moving up for a long time now. I look to continue in this bullish momentum after a pullback to the key area and a bullish indicator of continued momentum to the upside.
GU has retraced off the golden fib levels and bounced off the trendline for the continuation of the bullish momentum. Although price hasn't broken the previous high, which is at a major key area. Fundamentals are saying UP, a potential buy trade in view. What's your take?
Price is currently bouncing off the trendline, the golden fib levels, a key area, and the 50 EMA. A potential buy trade in view. What's your take?