Trend Line Break

Technician

Trade summary: Buy 0.3 at 1.4440, closed at 1.4540. = $320.07 Buy 0.3 at 1.4420, closed at 1.4540 = $384.08 Buy 0.4 at 1.4440, closed at 1.4492 = $223.65 Rollover= 8.4+8.4+14.94 Total Profit= $959.54 Balance= 29,403.16 + 959.54 = 30,362.70 ======================================================================================= Update 6: Closed rest of position at...

reversalradar

I see that on the daily chart DDD selling is stalling and flattening out. It seems to be working on a triangle here at the bottom. So I've charted out a few ways one could enter this long side. DDD seems to be consolidating inside the triangle. There could be several buying strategies. 1. buy the breakout (close above) of the diagonal green downtrend line 2....

matt_forex

AUDUSD was in an uptrend since approx the beginning of the year. In May the pair failed to make a new high and since then began a range, which broke the trendline. The new recent high made at the beginning of July looked to restart the trend, but instead signaled bearish divergence, as the the RSI failed to make a new high as well. I am waiting on a little pull...