Rejected support twice so assuming it will break up quite high targets
Tested resistance 3 times and a evening star candlestick pattern
Could this be a bullish flag pole? Ideally looking for a breakout and then retracement to what will then be the support before taking this trade
Looking for this to stay within this trendline and test resistance before getting rejected and taking a long. Looking at a 1:3 Risk to Reward
EURUSD is a short term short while in this trendline before we see which way it will break out
I have 3 trades open. Expecting a range in the decending pattern before a break out. Praying for 200+ pips to flip my account. Will stagger TP's though. Looking to add more shorts after a break out for maximum profits.
I believe USDCAD could hit 1.4566 over night so im leaving my long on.
I entered short at 111.500 I expect it to drop to around 110.500
Rejected by resistance 3 times