we broke the trend line, retest the trend line and now we are forming a flag in channel.
We have broken a major trendline in daily time frame and we just broke a flag on hourly time frame. this trade has a awesome ratio of 7.
longing based on 2 broken trendlines. all details on the chart.
Longing based on : - Broken trendline - Trendline retested several times - Flag in the making - buying pressure
okay with all the rally the DXY did today, it failed to make higher high on USDJPY. what we have here is a classic broken trendline which has been retested today. lets see how it goes !
Major trend line broken and retested. start with small positions, build up as the trend goes in your favor.
Shorting based on broken trendline, the trendline is being tested as I write this. Am expecting some consolidation in the consolidation box and a rally to the downside.
longing it based on broken trendline, DXY pullback and Draghi's speech. lets see.
We are longing this pair based on : - Broken trendline. - On major and last support. - Broken minor trendline within our major trendline. - At the bottom of the channel. - Broken trendline in RSI Divergence.
Shorting based on : Broken ascending channel Major RSI divergence
Longing based on : Minor RSI divergence. Broken Channel on daily time frame.
We are longing this pair based on : - Divergence in RSI 4hr time frame - Broken trendline - Close to Major Weekly support - Close to Channel support
We broke the big trend line and had a nice rally heading down, after that we had a retracement to 0.618 of the breakout. am expecting this to be the end of the correction, we shall continue down with the trend.
Buying after a successful break out and retest. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Liability Disclaimer : All trades posted here are my personal view of the market. If your planning to use them as...
We have a big trend line stretching as far as January 2016 which finally broke yesterday. we might have a small pull back before our setup is ready. buy whenever you feel it fits your strategy....