Hi all, we had the summer dip, time to go long for a risk/reward of 1/1.5 or you can keep it until March 2021
A clear previous break of the 4h chart of resistance, then back to that resistance and set support, now up again towards previous high, with a possible break off.
Based on previous break and pullback to support, it is a good moment to buy again.
Trend trading pattern, just a bit more reward then risk so worth the trade, give or take 1 month.
If today we close above the flag pattern then this is a sign of a clear new uptrend pattern.
A perfect breakout of resistance, a pefect pullnack to resistance that is now support, a classic textbook example to now go up!
Based on 2 things, opening of venues and stores again, tourist flying again. Breaking 84 resistance, and always going up between february and august normally every summer.
This evening Trump wil speech about China, this will likely be bad for the eurusd longs and we are also at resistance now, logic says we go short again.
Nice downward going trendline, with nice double support below, 1/3 ratio trade, for sure worth the money, and if it breaks you go long!
In a current trend channel with lower highs and lower lows. Based on current estimate we will make the new top in about 1 to 5 days. It is a very nice risk/reward trade.
Based on previous result and still the same trend pattern we are going short again. Last time we didn't make take profit just a few points short.
Based on previous moves and normal wave pattern behaviour of charts this is a great moment to short it again. First take profit at 1 level lower in 2/3 days Second take profit 2 levels lower in 5/7 days After that we can go up again.
Based on previous moves from the support lines, for sure worth the risk/reward ratio.
Good moment to buy the EURJPY up/long. You could wait for the pullback to previous resistance if you want to add a few more points to profit.
It came from the bottom, has been range trading the 5 wave pattern sinds about 1 month, time to go to wave 5 and perhaps break out the top?
Simply based on previous resistanve, it is a 4/1 ratio trade, stoploss doesn't have to be far away.
Seems it moved in a channel and we are now almost at the top, if we hit that today or next week i dunno. It is definatly worth taking a short on this pattern.
Supported bij a trendline with higher bottoms and higher tops. Also the Moving average lines, seems solid.