EURUSD, I am currently thinking long due to the bounce inside the flag. Expecting this to breakout either to the 1.1038 support before or fully breaking out. I would be going long on this pair on the flag break out, but to be sure I'm waiting for a close outside of flag before entering. This could still be a fake out so waiting on a close here would be a smart...
We have a triple top rejection. CTL Broken to downside with strong bearish 4H candle. Price has found some previous support and come up to retest the CTL from the downside as we expected. Now if price falls below the previous support structure we can have confirmation to a short position. Trade your own risk
Welcome back for 2016 traders. Wishing you all a successful year ahead! -------------------------------------------------------------------------------------------------- Potential Buy position on validation at *PRZ. *PRZ @ 1.4720 - 1.4700 *SL @ 1.45671 *TP1 @ 1.50431 *TP2 @1.53354 RISK/REWARD RATIO: 1 to (TP1) 2.02 - (TP2) 3.87 Actively mange this...
Last post for 2015. Merry Christmas & a happy new year. Back strong for 2016 traders. Potential shorting opportunity if prz is tested. Price currently around some previous structure area. Pattern actually shown on more than one time frame. PRZ* at @1.0974 - @1.0987 SL @1,1040 TP TARGET 0.382 FIB RET @1.0900 - @1.0917 (Price could possibly test back to B...
If price comes into our PRZ we should have a validation to go long. PRZ @130.210-130.280 SL @129.520 TP1 @131.56-131.90 TP2 @132.41-132.90 Trade your own risk.
Potential breakout for a buy set up. Trade at your own risk.