After a long time and touch an strong resistance and create a Head and shoulder on top
its going to fall!
you should buy soon
Eur/USd
Gbp/usd
xau/usd
jpy/usd
and even you can also buy
eur/cad
gbp/cad
jpy/cad
As you can see i use ichimoku system
and also use patterns
rn kj and tk on a good spot and
also kij is under the candles and its better to say
kij try to hold candles to make tk easy road to take candles
its going up
All 4 parameters are met for a reversal from the overall trend. Now just looking for the break of price structure and then a possible retest and/or entry signal.
Looking for an entry around the 1.2185
TP #1 will be 1.2300
TP #2 will be 1.2415
SL will be 1.2110
Originally posted this on MAY 19TH... target has finally reached on short, we are now looking to long this position. Be sure to checkout the previous idea, I have been waiting to long this are for months now.
This pair got a nice rise at the end of last week, breaking through the kumo before eventually falling back down. We are now approaching tenkan sen in the kumo and I am watching to see if it will act as support for another kumo breakout. If we can get that breakout I've set my entry level at previous price structure resistance I want to see broken to help confirm...
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