Potential 750 pips to tp1 and 1200+ pips to tp2. Definitely a trade worth adding to watchlist. After a big rally to the upside, price went into a correction/accumulation phase, creating a new support and resistance level(channel). Waiting for a break and retest above resistance level for possible long opportunities.
Neutral for this pair, itching more towards a sell reason: -Downtrend established (Lower high, lower low -Possible Head and Shoulders patter (reversal pattern) Taken into account that previously when price reached this level it shot back to the upside and technically we are still in consolidation previously being in an uptrend, price can go either way. We are...
DXY showing possible strength in usd for next week.
Never traded this pair but found a nice setup. How do you guys feel abut this one?
EU reaching major structure level. I am taking partials and watching carefully for new entry.
Daily pinbar rejection of major key level Close below candle Trend break Failure to break above previous swing high
LOOKS LIKE A CONTINUATION FLAG LOOKING TO LONG TO THE UPSIDE