FX:EURUSD   Euro / U.S. Dollar
EURUSD has formed a reversal pattern in a major area. I am looking for a break of the trendline and then a pattern to enter. Potential sell-off to my monthly level.

I definitely don't want price to come down as aggressively as I have drawn. I would like to see a corrective phase setting up for a larger long position.
Comment: The trendline has been broken. Waiting on a pattern to come to my zone for a sell entry.
Comment:
Comment: Waiting for entry pattern for primary setup.
Trade active:
Trade closed manually:
Comment: Still looking for sells until the Weekly zone is broken.

Comment: Looking for price to reach one of my zones and then I will look for an entry pattern.

I have been able to catch a few days trades on EU over the past few weeks, but my primary entry has been elusive. Just have to stay patient until all criteria is met.

Comment: H1 Ascending channel at the top of a Daily Bearish channel. Looking for high and low risk entry at the point where the 2 channel converge.

If price breaks above the Weekly zone the move is invalid.
Trade active: high risk entry
Comment: Just watching for the breakout of the triangle. If it breaks up I will look to close and find a better entry. If it breaks down I will look for a breakout entry on the Daily Channel.

Trade closed: target reached: TP1 was hit

Comment: TP2 is the previous low. Planning on holding for 2-4 days for the target to be hit. Looking for 15m day trade entries as well over the next few weeks.
Trade closed: target reached:
Comment:

Comments

Good work
+1 Reply
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