Greetings my comrades! Hope everyone has been having a great week!
Found an interesting pullback that could result in a potential 6:1 RR! Going to go short if it breaks down from the 50% Fib level!
Stop will be above the 61.8% area
1st Target will be at the low of the pullback while 2nd Target will be at the ...
another simple pattern on my radar today. This time i'm right on time because the break has just happened. You can see the big impulsive leg that broke multiple structure levels on the 4hr chart. Like i said on the previous idea usually after impulses like this price put brief form of consolidation like ...
GBP is pretty well off with the fundamentals from Theresa may
made a big down candle in EURGBP and now is teaking a breather from the big move and some profit taking that is made
when this breaks the support i will short it
or the 4H chart gives a engulfing because it is on a previous structure
A great short opportunity. Strong "fresh" supply zone ahead.
Stuff to remember:
— First look for significant move, then follow it to its origins where you might find a suitable level to evaluate further
— Make sure the initial move is significant on the same timeframe as the one you use for viewing your ...
Our view has not changed, we think that this year, the pair will follow our swing. On monthly chart, the trend is still bullish and the pair is working wave B (corrective structure)
Our medium term analysis (Weekly Chart):
(Click and ...
Hello everyone, I posted previous two pattern last week which played out well but I still think the price could go further down. For now we have this pattern (green) which in my opinion is valid. For this specific pattern the target would be 0.85463 and 0.85224.
For any questions leave a comment or DM me.