Buy Gold at 50% Retracement of Daily Bullish Pinbar formed at weekly resistance (look at weekly chart and zoom out, left hand). SL: A few pips below Pinbar Low TP: Next Major Weekly Resistance
First signal stopped out at breakeven. Now we see a nice bearish pinbar forming at Weekly S/R-level which gives us a second opportunity to go short after the strong – 6 weeks (!) – up movement. Taking a 50% retracement entry or break of pinbar low would make sense. Take profit at next major weekly S/R.
False break of Weekly Support. Daily Bearish Reversal Candle. Entry 50% Retracement of today's candle. Take Profit Weekly EMA 20.
USDJPY turning for the second time at monthly SR Level. Crossed EMA 20 to upside with small retracement candle. Now breaks last Candle to the upside. Take Profit at next High.