My ideas are based on pitchfork combined with patterns, for clarity is this idea just about patterns.
targets are green lines, 40 pips stoploss
Update: In this 15mins chart we can see another iHAS, also we can see how resistance become suport(pitchfork), I think that stoploss below right shoulder should be good enough(so 20 pips below)
next updates: see comments
Comments
kate25
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good chart - I am in as of yesterday
kate25
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I am thinking this whole move since feb has been a flat correction
itaskar
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I agree, its pretty sideway, we are trading in range, good RR, so I am in...I like the double bottom as well
kate25
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nice - this will help as well
kate25
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agree itaskar - 101.86 retrace then up is what I am thinking
itaskar
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yep Kate, check the 15mins chart I put into description now, Thx for feedback.
itaskar
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possible support at the blue horzontal(15min Has neckline), if there will be down move, next support green line, targets red lines
itaskar
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here is updated 15min chart with potencial double bottom(check red circles), 15mins iHas is still possible. Price need to go above blue horizontal
itaskar
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put in another long with stoploss below right shoulder.