SELL SETUP 1: Break and retest of the first black support line and trendline .
ENTRY: Time frame smaller than 4hr chart. Bear bull candle.
SL: 5-20 pips above entry.
TP: Red lines.
SELL SETUP 2: Resistance, Trendline , Ascending Wedge .
ENTRY: Bear confirm candle. Break of wedge , and retest are extra confirms.
SL: 10-20 pips above entry.
TP: Red lines.
Note: I am looking for a mid week reversal to see one of these setups execute.
BUY SETUP: I will be looking to buy this pair in the mean time.
Setup: Support, Trendline .
Entry: Smaller time frame bull confirm candle.
SL: 5-15pips below entry.
TP 1: 1.72 area.
Note: These are possible setups. I will be taking which ever setups are available.
ENTRY: Time frame smaller than 4hr chart. Bear bull candle.
SL: 5-20 pips above entry.
TP: Red lines.
SELL SETUP 2: Resistance, Trendline , Ascending Wedge .
ENTRY: Bear confirm candle. Break of wedge , and retest are extra confirms.
SL: 10-20 pips above entry.
TP: Red lines.
Note: I am looking for a mid week reversal to see one of these setups execute.
BUY SETUP: I will be looking to buy this pair in the mean time.
Setup: Support, Trendline .
Entry: Smaller time frame bull confirm candle.
SL: 5-15pips below entry.
TP 1: 1.72 area.
Note: These are possible setups. I will be taking which ever setups are available.
Comment:
SETUP 2 Activated.
Comment:
the right shoulder has formed. Im currently looking for sells as price is at the trendline and resistance. I will be adding more sells at the break and retest of the neckline.
