looks like we are at balance now, the red median line. We either hold and rise to new highs or break down to the 31,500 level and regroup there.
hi risk reward 6 to 1. long on minor swing down, decided to catch the falling knife. may get cut because stop is not below market structure. if I stay alive, will adjust profit along median line and manage risk below structure along the way.
Usd cad short to median line. Risk reward 6 to 1. Price recently popped to the sky blue downsloping upper median line parallel. This is where price should run out of energy and reverse back towards the center line also known as the median line which is my price Target. Stop loss is just above prior highs on February 12th
looking for blue up sloping median line for profit. small trade. cash stop, no real structure to hide behind. i like that price ran out of downward energy at the red median line and then made a higher hi than thee prior few bars.
Short w stop above most recent highs. Mifmght be early on this. Let's see what happens...
Target 1 is yellow up sloping modified schiff pitchfork median line. Target 2 is yellow upper median line parallel. When price makes a higher high, gets above 7240, I'll move stop to break even. Current stop is at red X, 25 pips.
Profit target at up sloping median line. Not crazy about the stop. Need a fresh high to confirm swing low at 7720
I believe price will rise up to around 7280 before it gets below 7150. Long at 7161, stop at 7141. Profit target 7280 at median line. Risk reward 6 to 1 in my favor.
Price recently made higher highs. I see price going up to around 8200 before it gets below 80.41. Entered trade with a 20 tix stop. Risk-reward is 6 to one in my favor. As price leaves higher lows I will snuggle the Stop and compress my risk along the way.
uptrend = price makes higher hi's and higher lows. price is in an uptrend now until it ... 1.cracks the most recent higher low. 2.begins to make lower hi's and lower lows.