This pair has been ranging for a while now and were at a good place and risk to reward to look at this as a consolidation setup.
We are down near the bottom of the consolidation zone we've been stuck in, I'll be entering a long position to go back up the kumo which is near the middle of the zone.
If we fail to hold support at the bottom of the zone, this setup...
This pair has been on a beautiful bearish run for a while now and I'm looking to capitalize on that trend. We have been respecting tenken sen very nicely so I am looking for a drawback and rejection there to enter a sell. If we can get a good drawback to the entry line I've drawn I'll look to get short. I've drawn out two possible targets based on previous...