Inverted head and shoulders Clear break of neckline and retested
Break of TL and pulled back 4h candles looking bearish
Inverted H&S For the more conservative, traders, wait for break of neckline and retest.
Inverted H&S set up. Previous entry stopped out. 6th long entry on this pair. this entry 38 : 1 RvR For the price action purist. Diamond Member ;)
Entry confirmation for this trade (retest), reduced previous entry SL to suit and opened a new long entry to suit 3% between both entries. All previous TP modified to suit this entry, should this entry get stopped out, fall back to former TP. 1st to 4th entries SL set on profit. SL can’t be set to break even until TP has been reached. I’m biased for TP to be a...
Ready to place 4th short entry. Price retested triangle
Triangle top = trend reversal Price has proved descending triangle (3rd test) of trendline. Wait for CLEAR break of trendline and a open short trade on retest. Good luck
Post further analysis on weekly chart, this pair is set to plunge towards 0.605 Previous entries TP set to suit. For the purist price action traders
Previous entry SL moved to profit. Good 20:1 rvr with a solid 2% entry For the price action purist
Previous entries SL placed on profit and TP reduced to suit. 1 : 11 rvr For price action purists out there.
14 : 1 RvR Previous 3 entries SL as profit, last entry of this series. Waiting for reaction from 0.6153, for possible further long entry. TP has been modified to suit. For the price action “purist” out there
Waiting for price to react from 121.77 and plunge