Short term sells, short term buys, then mid-term sell, this is how i'm approaching UJ.
We took a risky long, inverse h&s pattern, price might reverse from this support, we wait for a break of neckline for a second entry.....
Simple setup, we wait for a breakout, we buy at retest, inverse h&s pattern, if not breakout, no trade.
possible Reversal, we wait for a break of the trendline, then we'll take a long position on retest, if all strategy rules are met.
I see an inverse head and shoulder, waiting for a breakout, this market looks like is changing direction, the bulls are about to take control...
If this pair breaks out of the the rising channel, i'm anticipating 800 pips to the downside, testing resistance right now... failing to break it is our confirmation for a short position.
Price bounce on a Monthly low(Covid Pandemic low level), Inverse h&s, Trendline line breakout, 4hr BOS, waiting for the buy limit order to be activated.
1:2 risk reward, simple break and retest setup, beautiful bearish structure on the daily, falling channel, trade active already....
Price rejecting on the upper bound, rising wedge, waiting for a breakout, we'll take a short position on retest...
Trading in a falling channel, price currently on the upper bound, we'll be taking a short position once all our rules are confirmed.
price reacting on the order block, rejecting on the upper bound of the channel, broke out of the rising wedge, aiming for 3 target levels
Inverse head and shoulder pattern on this pair, price is currently breaking the neckline, i'll take a long position at retest of the neckline.
Pair at strong resistance, multiple rejections, 1hr confirmation of a close below 8 and 20 ema, good risk reward.
This pair is bearish, targeting the lower level of the channel... trading below 8 & 20 ema in all timeframes, we are following the trend, and hoping it will break the daily support.
I'm already in a short position, scalp trade, my tp is at level 92.797, then i'll wait for price action to see how plays out for the rest of week, i'm showing how i'm approaching this pair.....
If we get a break of the trendline after failing to break the resistance, we can enter a sell for the retest of the trendline. Good luck...
A breakout of the rising wedge has happened, we now wait for a retest, we'll sell when we get a sell setup on the retest.
We wait for a breakout out of the ascending chanel, a beautiful swing with at least 800 pips might unfold for the remainder of this month, i'll be sending updates on this post as trade unfolds....