jurlvarg

jurlvarg Updated 

The Pivot based downtrend line on the 4H chart is officially broken. This is why I remain bullish, although on the 1H chart we see a rising wedge, which could indicate a reversal. For now, I keep my trade open and slightly keep moving my stop loss higher until I see a sell signal. This is not financial advice, but meant for educational purposes. As always,...

jurlvarg Updated 

Hi all. Based on my previous post, we can see that we broke the downtrend line I posted on my previous chart. This is the same chart updated, with an uptrend based on 2 Low Pivots. The only thing I changed on the chart is replacing the written text with arrows, so each arrow is a Pivot Point. I went long as soon as we closed above the downtrend line, but I'm...

jurlvarg Updated 

In my humble opinion, this downtrend line, based on 2 pivot highs, is bound to break. When this happens, I'll be taking a small scalp LONG.

jurlvarg

Hi all. I'm posting this chart because I would like to get some constructive comments. I don't put this as a certainty, because I'm still learning and still have a lot to learn. But when I look at this, I think we might go retest support before a (possible) bullish breakout? Would love to hear your ideas! Thanks.