break above trendline
looking for break and pullback
Got a break above..
looking to break the yellow trendline... before buying..
waiting for break up.
close below trendline .. trade active..
will check for entry on close above the trendline...
waiting for close below trendline ..
close below trendline.... trade active . Target @ fib 1.27
close above trendline .. trade active.
waiting for close below trendline....
waiting for close down on the blue trendline... Targets @fib retracement of 61.8%
Will check for break of the blue trendline ... targets @FIB 1.27
gone short on this one.
Doji + Bearish Engulfing on Resistance.
Strong previous uptrend , possibility for a strong reversal formation due to strong monthly resistance (Red zone) and support (green zone). Also, RSI is Overbought .
Triangle Pattern formation. Confluence by Bullish Slow Stochastic & RSI.
Stop @ 1.46799
Take Profit @ 1.47608
R/R Ratio @ 2