Short retest of 13.5cent, stop loss 14.1cent , ptofit target 11.8 to 12 cent.
waiting for a retest of the major support line and looking for entries on any bullish candles.
Confluence of major S&R zone along with an ascedning channel. thats it. simple 2 to 1 RR
Break and retest of the lower trendline and banking on the 8EMA gap to close.
Banking on upcoming EUR data to manipullate price down to get better entry into longterm long position. Following tren and using channel as tp and SL Limit entry - 1.655 SL - 1.642- TP - 1.69150
Continuation of previous idea
My Bias is that it is going to reach 1800 before rocketing to 2500. Please see chart for details.
Risky Entry
Confluence of downward trendline + 200, 50 and 8 EMA's. Stop above green supply zone and TP at bottom of descending channel.
Forex noob drawing patterns for fun. please educate me. The idea is to see a daily close beneath the wedge pattern and look for a short.