Pjorge89

Pjorge89

Double bottom on the daily. On the 4 hour i see a reverse head and shoulders forming due to the strong rejection of the double bottom with a strong bullish candles. Expecting a right shoulder and then a retest of the neckline. Break would lead us to a another test of the 73.75 level Risk Reward 1:43

Pjorge89

Break of the ascending wedge to enter short on the DXY. Next target is next major level of support which is about 94.00 confirming the double top formation. Expecting weakness. Risk Reward about 1:5 Best Regards n Safe trading.

Pjorge89

Higher highs, Higher lows,Ascending trend line looking to retest the 1.1450 resistance. Although there has been a very LONG bearish trend on the euro/dollar, despite the Greek conflicts, my supply demand rule would apply to this trade. 2 Scenarios: 1.Break of the triangle (Break of 1.1450 will Lead us to 1.20. 2.Break of ascending trend line to the downside will...

Pjorge89

Updated 6/30 Although stop loss has been hit, I have been monitoring the trade closely. I seen that the daily candle has closed Bullish and has bounced of strong support zone of .76. Support is holding strong and my bias is Still Bullish. Trade is still active. Confluences: 1. Overall USD weakness across the board. 2. Broke out of Triangle (expected the fakeout...