If price hits SL, it massive potential for a downtrend continuation is formed... we don't lose either way.
for swing traders.. double bottom forming on weekly chart!
ascending triangle formed on 4hr chart.wait for confirmed breakout with strong price action and ride profits.
gbpchf can go anyway no matter what anybody thinks, keep an eye on strong price action and take the trade
It's highly difficult for a breakout to happen due to candle sizes on the weekly timeframe but if it happens, more profits will be booked. All depends on price action
usdtry has recently been a fight between the bulls and the bears, watch for breakouts and ride profits
Price has broken through. observe close price action and buy on dip
IF the strength of the sell candles are strong, it is better to remove take profit because I believe the yellow trendline will be broken. if that happens place SL at TP level and ride profits to the area of broken resistance
As I always say, you only need one good reason to enter into a trade. RIDE'EM PROFITS
Sometimes all you need is one good reason to take a trade. Trend channel is broken from the weekly timeframe and a new trend channel is forming on the daily timeframe. YOUR JOB IS TO RIDE THE PROFITS...