DESCRIPTION: Symetrical triangle / pennant breakou + EU might return inside the daily ascending triangle + gap needs to eventually be filled.
ENTRY: At the breakout of the triangle.
TARGET: 1.07350 (gap filled at this point)
STOPS: Above 1.08800, above the last highs.
DESCRIPTION: Hourly Inverted Head and Shoulders Pattern + 61.8% retracement clear rejection + 1.32500 Major Support (structure and psychological).
ENTRY: Reversal candlestick pattern on the 61.8%.
TARGET: 127.2% extension from A to B.
STOPS: BELOW the 78.6% and the left shoulder of the inverted HnS.
DESCRIPTION: Weekly trendline potential rejection + Bearish Gartley Pattern + !300.00 Key Resistance (Structure and Psychological).
ENTRY: The yellow zone - I will be looking for an entry!
TARGET 1: The 38.2% retracement level.
TARGET 2: The 61.8% retracement level.
STOPS: Above 1305 0.52% .00.
DESCRIPTION: Double rejection of the weekly support key level + break of the H4 descending parallel channel.
ENTRY: At the channel breakout.
TARGET 1: Neckline of the double bottom in formation.
TARGET 2: Next Monthly key level.
STOPS: Below the double rejection of the weekly key level.
DESCRIPTION: Market has rejected the uptrend trendline + 61.8% retracement with good momentum. If it doesn't break the parallel channel I will exit my position. Id it breaks the channel, I will add positions.
ENTRY: Trendline bounce. Adding positions if parallel gets broken.
TARGET 1: Previous High made.
TARGET 2: Next structure resistance + 127.2%...
*This is not a trade I took, it is juste an idea!*
DESCRIPTION: GU has broken the CounterTrendline and it might be heading to 1.26000. The MAs crossed over on the H4 chart.
ENTRY: I will be looking to enter at the retest of the trendline . After retesting the trendline the market will have to break the previous lower high and the major structure and...
DESCRIPTION: I've been in this trade since the end of last week. There is a head and shoulders formation on the 12h chart; we have the breakout of a trendline on the H2 and the MA crossover. The level where the shoulders are located is an important resistance.
ENTRY: MA crossover and trendline breakout on the 2H chart.
TARGET: 127.2% extension + next monthly...
DESCRIPTION: Triangle breakout, double 61.8% rejection, and monthly resistance rejection.
ENTRY: Might wait for a retest of the triangle to enter.
TARGET: Next structure support and 127.2% extension.
STOPS: will be placed above the last Highs.
DESCRIPTION: UJ might be rejecting the weekly key level @ 111.500. It also is on the 38.2% retracement level (red horizontal line on the chart) on a weekly timeframe (see in the comments). It has also formed a double bottom and is now retesting the small trendline (black arrow).
ENTRY: Enter at the trendline retest.
TARGET: I'm targeting the next structure...
DESCRIPTION: EJ is in an area of major structure and psychological support (120.000). It might also reject the daily trendline (uptrend). We also have a potential inverted H&S in this area.
ENTRY: I will enter at the trendline breakout of the inverted head and shoulders.
TARGET: targeting the next structure resistance @ 121.150.
STOPS: will be placed below the...
DESCRIPTION: It seems like we have an inverted H&S (or triple bottom) at the 111s area. We can see on a daily (and weekly) timeframe that this area is a 38.2 retracement from A (approx. 99.000) to B (approx. 119.000). For now, this FIB level seems to hold. The market also is in an area of major support (weekly key level).
ENTRY: I will enter after the breakout of...
DESCRIPTION: Rejection of the monthly key level @ 1.25000 + trendline breakout; I might wait at the MA crossover on the 1H - 2H timeframe to enter.
ENTRY: enter at your own risk on the breakout of the trendline. I might wait at the MA crossover on the 1H - 2H timeframe to enter.
TARGET: next structure support @ 1.24000.
STOPS: 60 pips above the entry.
DESCRIPTION: Major structure and psychological resistance rejection; Trendline break + retest; MA crossover on the hourly and 2H timeframes.
ENTRY: I entered after the retest of the trendline.
TARGET: Next structure support.
STOPS: 50 pips above entry.