Closed long -> Short term short Original bullish target changed and profits taken. Expecting a pull back = 2 short term short trades if confirmed. Major correction down might be ending in this area though , otherwise the lower targets are still intact. Cluster + S/R training.
Just some experimenting.. zzz Looking for that retracement
Looking for a long entry just above 1.07. Entry and stops will be placed according to PA on the lower time frames.
Several things pointing to this area besides the ones on the chart. I'm ignoring the SHS target and will be longing this, if things line up well if/when we get there. Three Drives pattern.
For my own purpose Looking to long the AB retracement + C
Might have made some minor mistakes. Please let me know if you spot any :) This is mostly for learning reasons, and to keep an eye on PRZ's after a break up/down.
Two bearish targets / possible longs, if current support breaks down tomorrow. Especially looking for a long setup around 11.240.
Looking for signs of reversal hopefully around the .618 fib retrace. Expecting to see a completion of the AB=CD pattern, for a long of the EURUSD. We clearly have a PRZ around the .5 fib, but I'm really hoping to see that CD leg run up to around 97.50. I'm pretty new to forex, so this is mostly to give my self an easy way to check up on my ideas :)
This is the first "idea" I'm posting here and I consider my self quite new to this. Pretty basic stuff and no predictions - just want to point out, that three important resistance lines are crossing just above our heads. The following week we'll properly touch the daily MA50, the top trendline of the down trending channel + the $54 resistance. All are in the...