damian10

damian10

1.618 Fib. Extension, we have Stock RSI Oversold, a bullish cypher pattern. A good place to buy is if price gets to 1.315 waiting for that double bottom. Or you could be more aggressive and buy from that 0.786 Retracement. Profit target at 1.1463

damian10

NZD-USD made a bearish bat pattern on the daily. I will be looking for a double top, a bearish engulfing or any type of candlestick that rejects that Resistance.

damian10

Wait for a breakout and retest, if you want to be more aggressive don't wait for pullback.

damian10

Resistance zone, 0.618 retracement daily. and a bearish cypher pattern, followed by RSI overbought. And for last is making an ascending channel.

damian10

EUR-JPY making a continuation pattern, I'm going to wait until it reaches the trend line, and look for confirmation.

damian10

Wait for breakout, and retest to enter a long position.

damian10

Be careful where you put your Stop Loss, you can get Stop Hunts. Specially when is at a Resistance that has been touched many times. I believe it's going to break to the downside, but if your stop loss is too tight, you might get stopped out, and price will reverse without you.

damian10

I went to the lower timeframes to sell EUR-USD, until that 1.27 extension, price did reach to that one like I expected. What I learned is that I entered too quick, that's why I got stopped out. I will try to be more patient next time I take a trade.

damian10

EUR-USD is creating a Descending Channel, I believe it's going to go Up when it hits that 1.27 Extension. Making it a Double Bottom, followed by the RSI Oversold.