Expecting the channel to break this time as DXY is rallying, might retrace a bit towards the greenline, will open a sell position regardless of the retracement, pretty good ratio.
DXY has reached at the end of the channel within a consolidation zone. I warned earlier about DXY rising from the dead in my previous chart linked here. Am expecting this uptrend to continue to the upper blue channel, if the blue channel breaks then we will head to the yellow channel at the top of the consolidation zone. The uptrend can be confirmed with all the...
USDCAD has hit the end of my channel, expecting upward movement to the yellow line, then either back down or head towards the upper blue channel. SL : red line TP : Yellow line Goodluck
NFP wasn't bad enough to push EUR out of this channel your seeing right now. This is a good time to short with a great R:R ratio. SL : 20-30 pips above trend line TP 1 : Halfway down heading to lower channel TP 2 : touching lower channel
Once again we failed the break to lower channel, am expecting a bullish turn for all USD pairs. - RSI starting heading up - MACD starting to head up - Failed to break the channel
Another reason why to short eurusd - Deep crab bearish. Great R:R definitely worth the risk.
Bearish Shark Pattern - great R:R ratio.
very low SL, great r:r ratio. Long it !
Reasons to short ; - Completed head and shoulder pattern - End of the Triangle pattern - Passed my daily support pivot When to short ; - After a bearish 4hr red candle below the purple line. SL at 160.886 / TP at 155.580
- Stoch bearish divergence forming - time to retrace to fib - 2 lower high's already made, expecting a 3rd one - still hasn't broken the trend line best to sell after validation of a bearish candlestick price action ( confirmation that our trend is still valid) I post my idea's as a practice for myself to be able to go back to and see what i have done right or...
GBPUSD moving with in the channel, right now its at the top of the channel after hitting 0.5 fib retracement.
What your seeing is just a retracement in my view heading to 0.618 and then towards 1.13 and above. I would recommend taking this trade only after it has reached the 0.618 retracement and few good bullish candles on the 4hr.
Details given on the chart. - very good risk ratio if the trade works :)