If the pair would trade below 105, i see the possibility for a further downwave.
First TP of the short is the former low @ 100
Other ideas or comments are welcome
First TP of the short is the former low @ 100
Other ideas or comments are welcome
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microstructure:
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will the flag trigger the bigger shortsignal?
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TA- i am lovin it!!!
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reached bottom trend-edge..perhaps we will see a tiny rebound to the 38,2 fibo..
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oh yes!!!!! nice rebound to the upper edge, a new 2 and possible 3 is built
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Isn`t that nice?
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wow...
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flag attack!!!
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Flag triggered and active now!!!
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again a mini flag :-)
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thats really crazy!
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reached again the tp - a new 22" is formed - crazy
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the BB is stressed out, the rsi oversold - perhaps we will see a tiny contermove at that level.... the upper (bigger) illustrated downtrend has it s tp @ ~ 99.5 - 100
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also reached the flag tp ..
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trying to catch the trendline-kiss
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stopped out never try to catch a falling knife..for those who want to do that: please!
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thats really crazy - totally crazy! faster than a speedy bullet
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pure luck! i would never trade such setups! retropersepective the candle developed to a buying candle - those crazy guys who really opened a longscalp and lost it per sl - now you are in the win because the trade 2 overcompensated the loss of scalp no1 :-9
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i will close that thread...have a nice evening!
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Even a blind hen sometimes finds a grain of corn.
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Trendbreak ahead?
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If this really is a wedge breakout, the tp could be 102. A consolidation up to 103.7 is also realistic. Trading below the latest low initiates a test of the big tp @ 100
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