wedge is broken and retest back to wedge (and the uptrend line) we have the confirmation for going short
Weekly Daily support area lower high lowerlow has changed to higher high and making higher low now divergence visible on 30 min target 1----- 0.69200 (previous daily candle high) target 2----- 0.69800 --- (if high broken) ( resistance above daily high) strategy --> you can enter now with stop below lowest price + 10pip (aggressive entry) or you...
Hi everyone do not enter before bearish setup confirmation.. you need to see the lower low and lower high first some times lower high wont get this close to previous high but is still better to wait smaller profit is better than loss because you didnt have confirmation
You can follow the Related post for complete explaination..
Hi everyone Eurusd has broken the latest daily support there is two opportunity coming next week first one is a long opportunity which is a bit riskier than the next one 2nd is the short opportunity price testing resistance which was previous support follow me so can see my trade idea coming as the price gets to the areas i have marked
This is why trade is active on shorter time frame..
Hi everyone its clear in the chart that usdjpy is in a rising wedge. You could see a clear divergence on RSI i didnt have time earlier to post a great enrty with high ratio you could still take the trade with ratio around 3 take profit could be on 108 and SL could be on 109.580 Remember not to risk more than 3% of your capital and take trades with ratio higher...