SELL SETUP 1: Break and retest of the first black support line and trendline .
ENTRY: Time frame smaller than 4hr chart. Bear bull candle.
SL: 5-20 pips above entry.
TP: Red lines.
SELL SETUP 2: Resistance, Trendline , Ascending Wedge .
ENTRY: Bear confirm candle. Break of wedge , and retest are extra confirms.
SL: 10-20 pips above entry.
TP: Red lines.
Note: I am looking for a mid week reversal to see one of these setups execute.
BUY SETUP: I will be looking to buy this pair in the mean time.
Setup: Support, Trendline .
Entry: Smaller time frame bull confirm candle.
SL: 5-15pips below entry.
TP 1: 1.72 area.
Note: These are possible setups. I will be taking which ever setups are available.
ENTRY: Time frame smaller than 4hr chart. Bear bull candle.
SL: 5-20 pips above entry.
TP: Red lines.
SELL SETUP 2: Resistance, Trendline , Ascending Wedge .
ENTRY: Bear confirm candle. Break of wedge , and retest are extra confirms.
SL: 10-20 pips above entry.
TP: Red lines.
Note: I am looking for a mid week reversal to see one of these setups execute.
BUY SETUP: I will be looking to buy this pair in the mean time.
Setup: Support, Trendline .
Entry: Smaller time frame bull confirm candle.
SL: 5-15pips below entry.
TP 1: 1.72 area.
Note: These are possible setups. I will be taking which ever setups are available.
Note
SETUP 2 Activated.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.