Nice resist and demand zone! SL at 108.76 TP1: 108.23 TP2: 107.9 TP3: 107.5 RR: 1~3.6
Trying to catch the bottom here: We can see a downward trend recently (H4. D1) Now it reach the support line with a combo of candle pattern: Spinning bottom & inverted hammer Stoploss at the bottom of the pin bar Take profit: 1.25 with 1/2 strategy
Expecting to form a new trend! Let's see if that pin bar does anything before going Long.
I see many SELL signal in Daily and Weekly chart! 6/7: Waiting for sell signal to come --> Expect time to form signal: 8-9 (2,3 days) Maybe set a Short now TP to Target 2 so now let's have a look at this - Effect of the waiting signal: + break from zone and then go down to Target 2! (+++) Or + Fakey false break, and then go up(++) My...
Willing to hear your opinion on this! Target and Stoploss on chart.
i find some similar here. May be this pair could not complete the Head and Shoulder but form this line instead?