Great R/R ratio and stops below X are protected by at least a triple bottom to the left Buy @ 8.93627
We had an inside bar last week and broke out to the upside on Monday, only to get rejected. Today we have seen the break of the opposite of last week's inside candle. Now a strong move to the downside can be expected - I suggest targets around structure at 112 or the 38.2 fib retracement. Aggressive traders could even look for previous highs from July at 109 as...
This set-up is a short 2618 trade but since the market was so kind to give us a triple top instead of only a double top, I call it 3618. Enter short from the 61.8% retracement at 1.02341 for a move back down to previous lows.
buy @ 1.20154 Right at the entry level we have major weekly support providing further downside protection.
buy @ 121.022. Great R/R because it is a very deep gartley formation.
Sell above 1.0484 for the ride down to recent structure lows. Even better R/R available at current market prices as we put in even a third top and bounced off. Furthermore, we have a trendline resistance helping to protect the upside.
We came down to previous structure support and held. From here we can buy with good risk/reward for a retest of previous highs.
buy @115.184. Nice major weekly support below X for downside protection.
sell @ 1.07649
After having several trades saying "hi" to my TP and then turing around to hit SL, this trade reminded me to not taking profits early and rewarded me for not doing so. Market tried three (!!) times to hit TP but also faced trouble at the highs of the range so I first moved SL to X after the second try and after the third try I thought this would explode to the...
buy @ 76.117
sell@1.28611
buy @1.38885
sell@123.923 or buy@122.152