DAILY TF/WEEKLY TF 828/218/414 Price action has given to cases for entry 1) Soaring Eagle Formation has formed a support at the 0.127 Extension 2) Weekly TF is showing price action forming support at the 0.786 Retracement This trade will play for out for the next 2 weeks with targets and breakeven parameters in place
Period 2 Week 3 Trade 1 502/162/251
DAILY TF 413/140/206 Price action has held at the .500 Fib Level above 200 MA at .99000
After some strong speculation of the dollar's strength diminishing from political news, which I ignore UNLESS it aligns with a technical signal such as the D618, I am now shorting the dollar to target. A break of structure has led to a deep retracement into previous support levels which is now attempting a price ceiling below the 0.76000 level. In other...
The Soaring Eagle Pattern is an entry execution pattern based on 3 distinct pattern formations. As you can see, this advanced formation provides a 3 to 1 Risk Reward Ratio. Reward 362 Risk 115 Breakeven 181
Reward 471 Risk 140 Breakeven 235