Assumption: After aggressive bull move where it was started from strong demand zone on daily chart, price fall seems earlier than the left shoulder. My bias is still bullish on this pair so I expect continuation where resistant turn to support. In order for this potential trade be successful, we have to wait price to hit past resistant area and let price shows a...
Watch for market turning and sell opportunity
Price just accommodating some sell for retracement, we have this low risk and high reward trade
Market give opposite idea so I just follow them
If the trendline break followed by pullback , we will get better entry. Trade is not active yet. will see what market do tomorrow
Reason to trade, Daily chart shows price hit supply zone ascending channel hit top of the channel On daily impulse to downside and I assume correction completed to the upside Expectation : Downtrend continue Retest / pullback might happen toward 1.60000, If pullback happen it will give better entry but ensure only add position when we see bear step in (a...
on ascending channel, looking to break the flag and working on fibo level for target
It is very tricky to look at this chart but it seems that the supply zone drop was having a correction move and the supply has been tested followed by some short of H&S on lower level, I am looking for EMA bounce trade going short on this pair
It has been in flag and broken with some multiple support retest as confirmation we can now buy this pair and trail it
For confirmation, wait price breaking top channel