EURUSD recently broke through a 4 hour support zone towards the downside. I waited until we rejected from the bottom of the channel we are in and entered on the 1st green candle after the rejection.
TP1: 1.138
TP2: 1.14
SL: 1.128
Please Note: I am not an experienced trader by any means and am simply publishing my trades for me keep to track of them and my...
Bullish pinbar formed on 1hr, strong rejection on the 4hr. Both reacting off of resistance zone. Previously broke bear flag with 38.2% bullish pinbar on retest. Expecting rise to at least top of daily flag.
Daily currently playing out 50% retracement with inside bar broken from 50% support line. Resistance found at smaller tf resistance zone, retested 3 times. Break of zone means buys but looking berish due to 38.2% candle forming at resistance zone and next candle being beairsh (red)
Daily shows USDCAD trading between 1.271 and 1.265 with 2 jumps to 1.2765. Bearish 38.2% candle seems to be forming off of 1.271 channel. Looking for break and bearish action following.
38.2% Bearish Pinbar formed on both daily and 4hr time frames. Currently trading between two action zones. Expecting drop to support zone to begin sideways trading.
