Candle recently over board then apparently worn out - possible to back to same first TP as plan. So keep your StopLoss above the wick to prevent from changing new direction. Goal to sell it.
As you can see preview was stuck on ranging trend until recently break out. Keep your stop loss below the yellow line nearby blue uptrend - Goal to reach resistance level above. DO NOT HOLD THE TRADE TOO LONG - NPF is coming up this Friday.
Chart shown downtrend for long time and appeared to have been stuck on ranging trend. It's getting closer to where neutral descending triangle by end the corner. Keep eyes on it! I believe it will be sell continue due to unfinished business with downtrend. No confirm yet. If downtrend's line breakout and wait for retesting as well. Thumb if you are on the...
Good time to sell. Stop loss should be above from the pin bar's wick. Goal target on first yellow line then revisit if possible go for more or bounce again. Will update afterward Thumb up if you agree
Downtrend not confirm, but it been DOWN FOR LONG TIME! Keep it in mind - stop loss is still important to set up because you will never know.
Current : Ranging trend Recently reject from the top - good time to sell it before the market open. TP is where nearby green zone area "Support" Thumb up if you agreed with it!
Preview chart - Uptrend and waited for breakout Current update chart shown Break out - Confirmed Downtrend 3 times touch line - Confirmed Retesting - Confirmed Almost hit TP 1
Uptrend as plan, but this candlestick known as "Pin Bar" sign of reversal This could be corrective move then back to impulsive move again later on. Go for short - Trailing stop will be best choice to use on this chart. Thumb up if you agree about this.
Wait... Hold on... Not yet... be patience! Possible breakout from 4H's downtrend to become continue Bullish or could be faking again like before.
Ignore my posted earlier. I overlooked with 1H's uptrend. 4H downtrend orange 1H uptrend blue I also change TP much less than preview chart due to nearby corner which it can be breakout or continue.
Bear for now and hopefully bounce up when near the trend line. Slow since yesterday. Nothing change but only add yellow lines for TP Goal Target. Buy in when it near trend line or price action reversal
Channel lines to help us where it should be going at. Hit twice on downtrend line Once hit 3 times then it become confirm as strong bearish as well. Goal - Sell as soon when the market open again. Stop loss between from above resistance level to red line. TP should be target nearby the first Support line. Possible bounce again or dive thru to 2nd Support...
Structure: 4H Uptrend Chart Pattern: Rising Wedge Bearish Sell after breakout on uptrend's line
Follow the chart - SL and TP as my own opinion since downtrend for long time. (NEWS coming soon in next 2-3 hours - can be break or continue as downtrend as well.
Possible other strong Bearish movement since it shown chart pattern as well. Keep your Stop Loss Tight on Red line - if break then it shall be new trend coming up. If not then Bears team winning again! TP on green bar.
Bearish on the move - Keep your stop loss on the white line. Let's see if it will reach to TP1 tonight. News coming up in next 2-3 hours from now.
1- Downtrend from 4 hour 2- Choppy line on 1 hour 3- Notice "possible" break out from preview downtrend 4- Wait for retesting to confirm to see new uptrend or back to choppy/downtrend my choice is long.