Sitting directly on top of a daily support area. Waiting for candle to close as a pin bar. My setup waiting to be triggered. Entry: 0.714 S/L: 0.749 T/P: 0.590 R/R: 3/1 Good luck traders!
Something I noticed and wanted to share. If it pulls down to complete an A leg, watch for a possible short on the B. Good luck trading!
Looking for a breaktout to about 115.00 Waiting for a retracement and retest of support on the upward trend around 113.50 Taking a long entry and aiming for a target on the median line near 117.00 Good luck traders!
Approaching an important support zone around 1.0820 Look for either a breach or a rebound from this zone. EUR/USD is trading in a range on the daily so I'd be looking for profits at the top or bottom depending on the reaction to this zone. Just a rough idea for stop loses and target profits. Good luck traders :)
Fresh out of a breakout from yesterday. Looking for a rejection at a support level of 0.7170 Weakness in USD / Lot of buying pressure Entry: 0.7170 SL: 0.7140 TP: 0.7280
Riding against resistance pressure. Overbought territory. Bearish trend line on daily. Fib confluence. Entry: 1.1120 SL: 1.1180 TP: 1.0000
Trend line support. Overbought territory. Looking for a pullback around 0.7080 Good luck! Entry: 0.7170 SL: 0.72120 TP: 0.7070
Elliott wave structure on the daily chart . Reverse Head and Shoulder on the 1H chart. Looking for a 50% retracement to wave B for profits. Good luck! Entry: 1.4060 SL: 1.4000 TP: 1.4300 Update status
Entry: 1.4433 Stop Loss: 1.4460 TP: 1.4360 Looking for a quick pullback to lock in some profits.
Everything seems to be lining up to a bullish push. Looking for a hold above 131.9 Entry: 131.1 SL: 130.8 TP: 131.55
Entry: 131.73 SL: 132.50 TP: 129.5 Double top on 1Hr chart, with a descending triangle formation on the daily chart. Entered short position.