Details on the chart for stops and targets
There a million clues that suggest that we should short this pair: 1. Price at key level of structure 2. RSO OB 3. Rising channel 4. Gartley Pattern completed
Whether you are a structure-based trader, Trend-Based trader, or an Harmonic Pattern trader, this is a good opportunity
Details on the charts (stops & targets) #Plan_Your_Trade,_Trade_Your_Plan!
1) Seems there is a DB about to be completed on the 1HR Chart. (This is the entry technique) 2) The price is at a major level of structure 3) Loss of momentum from price action is evident as indicated by the RSI (OS) as well as a falling channel. 4) Target are aimed at previous level of structure 5) Stops are ATR-based Trade Your Plan, Plan Your Trade...
Putting a Limit order at that 88.6% level!
Not sure whether the move has already been made! Depends with your plan Remember: Plan Your Trade, Trade Your Plan
Entered at market! Trade War news provided a nice opportunity
This is on my radar. Waiting to see whether price action will push to 0.90000 psychological level for a shorting opportunity using the Cypher as reason for entry.
Waiting for this opportunity to complete. My entry is after the retest of the neckline, and targets are are a test of the lows. NB: This is a good opportunity since the overall trend of this pair is bearish.
The markets have been really shaken by Trump's trade war with China today. Nonetheless, since this happened a few hours ago, my focus shifts back to technical analysis. I'm watching this potential BAT pattern.