I see 2 opportunities to go long if the structure holds. First, within the ascending triangle there is an opportunity to text the horizontal resistance. If it breaks this resistance in my opinion the bulls can push the price all the way up to 1.14220.
Looking to go short on what I believe could turn into a head and shoulders pattern.
Inverted head and shoulders with broken neckline looking to get long until 1st profit target is hit around 1.3000.
EUR/USD showing inverted head and shoulder after major sell-off yesterday. As a trader I am looking for long positions back to major resistance around 1.3000
I am looking to go long on BAC. I believe all banks will be posting strong earnings and looking to get in until the end of next week.
Look for BofA to pop up ahead of earnings. I think all bank stocks for the most part are going to be going up into next week.
I have been seeing this signal for the last 2 hours or so. I am looking to go long with a small loss. It sucks that I am going to go to sleep. But, on the bright side this is a great trade with a wonderful profit to loss ration. So this is a win win even if I loose the trade I learn :) Happy Trading Alain
Looking at a good set up here. I saw the around some good horizontal support and a doji set up. This trade has a nice Risk/Reward of 2. Now let the market move :D
I see some solid support here and a Doji showed up. I figured it would be a good entry price. Put my stop right under the most recent horizontal support.
This is going in range for Monday. I am looking to take some pips on the ride down. If it goes up again after touching my limit, I will wait for another up trend and then look for a better price to sell. Long term I believe it is going to go in a downtrend coming into the new year. It had a chance on breaking resistance on the daily and now were at a triple top...