We can see a rejection on the last support so making it simple i would buy this pair when price touch the suport and sell when price touch the resistance tho , we do need to have in mind that a breakout can happen and in this case i would wait a retest of the trend to short this pair. Using a tie SL can be a strategy.
In my opinion ,price can fall to the first white area and make it as a support and then continue to go long or break the white area, continue to go down till it touch the support of the trend and then continue to go long .
Waiting a break of the structure and a retest to buy this pair. If it break the support, i would wait an opportunity to sell this pair.
As we can see the price is kinda ranging around 1.38450 and 1.38100 so i expect the price to choose a direction either up or down, so i will wait for a break or a true rejection to either buy or sell this pair. Sell stop and buy stop are welcomed.
In weekly i saw an opportunity to sell this pair , tho , I also saw that a breakout could happen. Since the martket is not being rejected and that on 4H we see a perfect cup handle pattern , i would wait a real breakout on the upside and then a retest to buy this pair.
The cup handle pattern didnt form as i expected so in my opinion since we saw a breakout on the daily chart i would sell on the the LH and i expect the price to keep going down.
The market is kinda ranging lately and don't know what direction to take , tho i see a cup handle pattern wich make me believe that the price might go down for a while but then in a Long term i expect the price to break the resistance and go long to her H area.
In my last post the inverted pattern didnt made a retest and continued to go down, tho i continue to see a potencial way to go up since the market is forming new HH and HL.
As we can see the price is continuing to form new HH and HL , i have been buiying it along the way when the price touch the support, some could wait a true rejection to enter , I expect the price to continue to go up , tho always have in count risk managment.
As we can see , the market is on a down trend , the market has been pushing the price up for a while and now seems like he is getting tired. I think we might see a reversal even if its on a short term, tho i would wait a true rejection for my entry. I do consider the fact that a breakout can happen thats why i am using a tie sl and in case it happen i would wait a...
As expected the price did break the neckline on the upside and is now perfecly doing a retest , wich confirm that the price might go long. Still waiting the 4H formation candle rejection.
As we can see , the market is forming a cup wich means that in a short term the market might go down but then i would expect i a break on the upside for the market to continue to go up on a long term.
Hello hello, as I expected the market is on his way up and I am buying it along the way , since it break the resistance i expect the market to continue to go long , it might be an good opportunity to buy it around 1740.00 or green area wich is now becoming a support. The market can fall till the 2 line but i woulnd be scared and will let it it him go with the...