Trendline break of important area where there is a strong amount of resistance. Good risk to reward. Stop loss at 1.1278 and take profit at 1.1186
Breakout to the upside with bullish divergence. A good risk to reward ratio with the price target marked out at 1.3548. Stop loss will be around 1.3507.
Clear bear signal here. Very clear resistance with two clean swings. Great pinbar indicating a bearish reversal.
Good uptrend with a pinbar at the 50% Fibonacci reversal point. Potential target at 120.240
Plenty of bearish signals on this chart. Take your pick.
Hanging man at 61% fib retracement. Price is also in line with a strong line of resistance.
Bullish pinbar at strong support area at 0.8643. Initial target is 0.8662
Area of support with a good range for a target at around the 0.8718 level. Wicks on lower end of the candles indicate bullish reversal also.
Price has been bouncing around this box range for a number of days. Price looks very strong in this area and this is further confirmed by the bullish long tail doji at support at the bottom of this range. The target is naturally going to be at the top of the range, although I'm hoping to trail my stop at this point and bring my stop to break even if price reaches 140.34
Now out of my old short trade but long after seeing this pinbar or longer tailed doji. Target at 0.7703
Unfortunately I was stopped out from my previous short trade when I entered at around 0.76941 and was stopped out at around 0.77308. I don't regret that trade as I do believe it was a good one to make. Here though we have another larger pinbar at key resistance this time on a higher level. I'm setting a wide stop loss at 0.77620 which should be more than enough...
Decided to take this setup with the market opening below the pinbar on the opening of the week tonight. There's plenty of bearish indication of a reversal such as the pinbar and prior dojis.
Good sell opportunity with a shooting star at a strong resistance area. A good target would be 1.23000, and an initial entry with this shooting star would be good at the current price if it remains this way until the Sunday open.
Some room here for a 1:1 RR trade selling on this pinbar hoping for an initial target at around 0.76600. The idea here would be to sell on this pinbar if the market hasn't really changed over the weekend and we're still at a similar price zone. Typically I'd hope to move my stop to break even once the 0.76600 area has been hit and then trail my stop loss...
The clearcut trendline and pullback signifies a strong change of trend on the M5 chart. A new higher low formed on the pullback of the trendline, and a calculated target should be met at 1.12803. Stochastic also shows divergence, indicating the prior downward trend is over.
Divergence signals the potential move in trend, alongside a decent target
A couple of pin bars and strong divergence signal the uptrend is over. A Break of the trend line offers a good risk reward trade with a set target at 1.12190
Good breakout to the upside with a 1:2 risk/reward target at 0.90935