Retracement to test current bullish trend line . Short term bearish trade as larger timeframe bullish
Possible short-term retracement to historical support with break of pennant top and return to previous bullish trendline as confirmation of failure and continuation in uptrend
Watch for test of Resistance line as failure of return to Bullish trend
Good Return to Risk ratio with tight stop in event of continuation of current bullish trend.
Bullish retracement in downtrend channel. Trigger for long trade entry is channel-top penetration
Await confirmation of penetration of channel-top resistance line and previous recent high. Watch for volume increase preceding news event
Long if price crosses resistance which may become technical support while market awaits upcoming fundamental news sentiment
Wait for confirmation of break of support trend line
Long legged Doji could indicate trend reversal or bearish retracement. Await confirmation of break of support line
EURSGD has been travelling in Bearish narrowing channel. Any positive news outcome potentially magnifies compressed bounce. Wait for confirmation by break of channel high before entering long position
Range constriction forming triangle. Possible exhaustion of bull run.
Wait for confirmation of channel support line before entering short trade. Return to Risk ratio approx 2:1
Short entry below previous bars low. Acceptable Return to Risk ratio with high probability of target being reached before being stopped out by long-directional volatility.
Range constriction possibly leading to breakout reversal to upside
Bullish confirmation if above previous bars high. Likely to retest previous Resistance line.
Shorter-term trade with high Return to Risk ratio. Exploits tendency for market to test historical highs/lows
Longer-term bearish retracement trade after bullish parabolic fan trend lines. Requires confirmation of failure of support of historical highs with short entry below March 2020 high.
Found and retraced on support. Enter into Long if price penetrates high of previous 2 sessions.