ErikTheMarketMaker

ErikTheMarketMaker

Divergence, that indicates trend change. Waiting for a broken trendline where the yellow circle is at. If it holds during a retest, I will go long for a potential of around 85 pips. It has already retested 1 trendline that indicates a long position.

ErikTheMarketMaker

MACD divergence, potential Head and Shoulders pattern. Waiting for a break and a retest of the red vertical line beacause if it breaks the line, it makes a Lower Low. Thight stop. TP: 61.8 fib, also support and resistance. TP makes about 62 pips.

ErikTheMarketMaker Updated 

waiting for broken trenline and a retest.

ErikTheMarketMaker

Wedge formation, small MACD divergence, broken trendline and made a retest on it. For more comfirmation for a long position I am just waiting for the candlesticks to break the yellow trendline and retest it.