Gargamel6500

Gargamel6500

Double top after wedge breakout-> looking for a retest of 100 EMA in 30 - 1h chart * Wedge target at 4h EMA * Double top target more conservative at 15 min EMA

Gargamel6500

Eur consolidated and tested the 4h 100 EMA multiple times, broke out and retested the EMA.

Gargamel6500

Broadening wedge after trend continuation in higher time frame.

Gargamel6500

Break of short term downtrend and break of EMAs.

Gargamel6500

Short term late entry opportunity to go short.

Gargamel6500

EUR seems to be forming a wedge consolidation. Either enter right now with a moderate R/R ratio or wait for a possible retest of the EMA in 30min-1h chart, should no retest happen-> trend continuation trade. I expect this to continue consolidating at least until price retests the approaching 4h 100 EMA, after that watch out for a breakout.

Gargamel6500

Wedge has formed after respite back to 4h 100 EMA. Should price break out to downside -> short term trend continuation Should price break out to upside, which i think is is more likely -> short term target 1h EMA and probabely higher prices if AUD closes above 1h EMA. ( Watch out for a false breakout at 30 min EMA)

Gargamel6500

Look out for a break to the downside. Target: 2h 100 EMA and maybe even further down to 4h EMA.

Gargamel6500

Trend continuation trade after breakout and retest of wedge.

Gargamel6500

Two options.

Gargamel6500

Big cup with handle acting as smaller cup. Waiting for break of mini trendline in 5 -15 min chart.

Gargamel6500

Just breaking the trend line. + Long term: anticipating a retest of 100 EMA in W chart

Gargamel6500

Double bottom and breakout off consolidation / resistance. Strong retest of 100 EMA in 1h chart.

Gargamel6500

Breakout + retest

Gargamel6500

1.Euro broke a big resistance downward trend line (1-4h). 2. Double top: since its not a big one i will only go for a retest of the 15 min 100 EMA, but a bearish break of the double top could initiate a respite down to the 1h EMA before Euro moves further up, or be the start of a minor consolidation before it retests EMAs of 30 min and 1h chart.

Gargamel6500

After breakout of big trend line, short term trend reversal to retest 30 min 100 EMA or 1h EMA.

Gargamel6500

Euro recovered fast after the dip yesterday and has now retested multiple 100 EMAs 15min -1h chart. + Cup and handle pattern setting up in 4h chart

Gargamel6500 Updated 

Trend continuation after brief consolidation, support broken, targeting previous resistance.