wait for wick at red trend line to know direction for buy. Or Watch for candle stick formations showing its gonna be a sell. Trend lines and major areas will show the way to go.
Triple top has formed but it is an uptrend right now temporarily it looks like so still waiting for it to confirm , watch for wicks for direction at trend lines and major areas.
Trend lines and major areas have been noted, now just have to wait for market to wick and react off those areas for more confirmation whether its gonna be a buy or a sell.
wait to see wicks in any major areas to know direction. The uptrend started but it hit a major area of resistance and started to go down. If it continued pushing upwards but wicks at the bottom yellow trend line then could be a good buy from there.
Wait to see what market does at this triangle formation to know direction, the wicks will show us the way.
possible inverted head and shoulder pattern forming if it breaks the yellow trend line above the current candle then it'll be a good buy from there with sl under the head. Or Could close below the head and then continue down then sl would be above the head.
watch for wicks at trend lines and support and resistance levels to know what entry is good and make sure sl closer and tp further.
watch the wick at top red resistance line for the sell and stop loss above with take profit x2 the distance of the sl
watch for wicks for entries for the buy or sell , make sure stop loss is close and target is at one of the major areas.
If it continued to wick here at this support level then it could go to the top yellow trend line. Or It could close below the red support line and then continue down. Watch for wicks for indication. Always put sl close and tp further away!
if there is a wick at the bottom red support line going downward then its gonna be a buy to the top yellow trend line with the stop loss bellow the red support line . Or Could be a wick hitting the top of the red trend line for it to be a sell and so above the red trend line depending on where the wick is. Watch for wicks for entries ! The trend is your friend!
Watch for wicks for entries especially if there is one at the above yellow trend line for the sell , and put stop loss above the top yellow trend line.
Watch for wicks in the major areas to know direction! And close stop loss but further away tp!
22800 TP but it is a downtrend so watch out put stop loss below the yellow trend line area. Watch for wick for entries like the one for this hour.
if it wicks at this bottom yellow trend line then it could go to the top red trend line Watch for wicks for entries !
Euraud entry right now and 1.62580 would be the stop loss and the take profit would be 1.63250. Just demo testing a strategy may close early as well.