We have had a break of market structure, we broke key support on the 4 hour time frame and we are now retesting as resistance. We also have the third touch of a key descendent trend line on the 4hr and we are sitting on in and around the 61% fib level which is key. Id like to see a lot more downside to this pair. My aim is the reverse -27 fib level for my final...
Good evening from the UK, follow me on Instagram @travis_duncz always happy discussing the charts and trading in general. Doing this article quite differently today. Not going to discuss how I've come to my bias for once, but the chart I've posted talks for itself. Looking back over Q1's articles and you will see I enjoy studying these charts. It becomes an art...
I haven't posted as much as I should and I'm sorry lol Self-doubt is a bitch and it can keep you down, trust your analyst with all your heart and if you're wrong, learn from it. I trust my analyst and my strategy. I also keep my risk very small so I don't stress if it goes the other way. I'll give more detail of this trade later on tooday.
Hey tradomaniacs, patient is the key yeah and I almost got my favourite price to follow the trend and trade that Breakout! Look at this and let me know what you think! :-) This is an update of this idea: Peace and good trades Irasor Trading2ez Wanna see more? Don`t forget to follow me. Interested in more than more? PN me! :-)
Continuation of downward trend after pullback on 4hr/daily time frame. Target levels 1.4576 and 1.4491.
Some strong down trend beginning to emerge, watch the pair for a break through S2. Good short opportunity - First Take profit level at 128, second Take profit level at 126.500. Trade SAFE!
Eur-Usd Short Pattern Pin Bar
Brearish Carb Pattern Completed on this chart
I will be looking to short eur/gbp when market opens tonight. this trade has a very good risk to reward ratio and a very high probability setup.