We will be looking for long opportunities and our first profit target is at the first resistance level shown. The is a possibility that the move up will form a 4th leg or break the resistance zone. If the resistance zone holds we expect a final 5th leg down then an upward move which will break out. After the break out at the resistance zone our profit target will...
We will be looking for long opportunities at the current support zone and our first take profit target will be at the first resistance zone shown. There is a possibility that the move up will only be the fourth leg of the correction. If this is the case we will have a final 5th leg down then we expect a move up and a breakout of the resistance zone. The second...
Hi All ,
Buying the trend on this pair before the reversal . As you can see we have a strong bullish move & i expect price to touch the top of the range before advancing further .
Entry, Tp1 and Tp2 and SL marked on Chart .
Sl to entry as always .
Many Thanks.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
Looking for price to go up to 8.7 as first target.
Time Fib and Fib projection (extension) perfectly align around 8.48 and indicate the bottom is in place.
Any move below 8.40 invalidates the count but you can stop if price comes below 8.46.
Hi All,
opening my Second Swing Trade on this pair . Looking at the chart and candlestick pattern i see trend reversal to the previous low , now this might take a few months , but for day traders, you can take profit at the bottom of the rectangle range and then re-enter when price move back up to the top of the range .
DAY/ SWING remember SL to entry as...
PRICE made a fake breakout out at higher traandline, it is now coming back in the descending channel. The current structure is also forming a second shoulder from the swing high peak to he neckline.
