Short market entry on the DAX after breaking the side way channel, targeting the up trend line.
You can refer to the related idea below to recognize that I'am already shorting this pair on the daily time frame because of the bearish reversal pattern H&S. However, on the hourly time frame, it shows that another reversal H&S completed, I set a buy stop in case of breaking the nick line but did not close the current shorts. if the current pattern fails, it...
The USD failed in breaking the horizontal resistance as highlighted in yellow, then it broke the trend line with high momentum candles. This indicates testing of the old support line at 1.3045 with 95 pips expected profits versus only 55 pips above the high of the failed break out.
The pair broke through the resistance of the side way channel with a high momentum candle, expected to re-test the resistance level and continue up.
The pair broke the side way channel and the up trend line, seems targeting 112.00 and 108.00 with a SL at 116.00
The pair is showing bullish momentum and expected to hit previous resistance at 1.0850 with a SL below the current support level..
Symmetrical triangle number 2 on the same pair, right now only four points were specified and waiting for number 5 to decide whether it may breaks up or down.
Bearish movement is expected after breaking the trend line on crude oil, targeting the previous support level..
Pending order to go long if price breaks the horizontal resistance level, the price inside the side channel is showing a bullish accumulation.
The pair broke through the two resistance levels simultaneously 0.8600 , expected after the break of the resistance for price to continue in its way up.
Short entry after the pair broke the side channel targeting 1.6500 with a SL at 1.6900
Short entry if breaking short the classic pattern (Head & Shoulders) on the pair, target 138.00
Long signal if breaking the resistance level of 1.3266 after a failed breakdown as highlighted in yellow..
Price at 61% Fibo and expected to go up until 135.00 which equals to 230 pips compared with 100 pips as a stop loss.
Activate the position in case the price exceeds 0.7385 the triangle and the projected targets up to 0.7425 which is the next resistance level. cancel the order if breaks the position prior breakout the triangle.
Current price at down trend line, expected to retrace to 1.5400 (last top prior this trend line)..
Breakout of uptrend line with a high momentum candles
The price seems to be moving to the previous horizontal support level 0.9765 after breaking the uptrend. Besides, the failed breakout to the upside of the level 0.9900