Trend line break and retest Bear flag EMA X script has indicated a sell not the best entry . still a 1:1.8 risk to reward. Targets to be taken just before the -0.27 extension There is also signs of the right shoulder of a head and shoulders pattern
so a little late to post as my entry wasnt spot on either 618 entry on the right hand side shoulder of an inverse head and shoulder
GU Sell based on structure, ema x and line chart closes
Very late entry, not the best therefore a tight stop Entry should have been on the trend line fib, indicated by blue arrow Entry was at market on the 618 fin here with a tight stop - 15 pips, first day back after bank holiday, may not move too much 1:3 RR
break of trend line would be looking for a DT in structure and even handle number or 618 test to short sell
breakout of trend lime confirmed Blue X has triggered also triggered our longs Buy limit should be on the 618 however I entered late where indicated stops are a little bigger than usual at 54 pips risk always 1% reward is 3% other confluence we have a respected tl to the upside that was respected yesterday evening
late to post tight stops and two targets always 1% risk
Entry at a fib level, front running TL has broken, if we can get an entry it will be back around structure as well
Post Brexit - Unsure how the market will actually open or react to the news however from a technical point of view, this is my prediction !% risk per position
late to publish scale in entry limit was entered Trend line and fib confirmation target 1 is lows target 2 i -0.5 SL is just outside the 786
EU SHort Previous structure hit Failed to stay and close above 150 EMA Pull back to 18EMA Bollinger band break
GBPUSD Sell final signal of the week, trade has been taken, not overly joyed by the Lower low lower closed that has formed, but all the rules have beem met trend line has been broken on daily 150 emas have held pulled back to our sell zone. both targets are at lows giving 1:1 and 1:3, if we continue to the downside