RJLfamily

RJLfamily

Just a quick explanation on my idea about eurgbp, I would go into more detail but at work sorry

RJLfamily

very late when preparing so i'll keep it short, but i'm sure you can see what's happening?

RJLfamily

ok, hi traders! we're coming to a 4H support level on our 4H chart, however on the daily it's currently bearish and making it's way down towards that crucial daily support area/touching the trendline. as you can see on my chart, i'm looking for that breakout + retest confirmation before any sells! the target I am looking to reach is a very strong 4H/DAILY zone...

RJLfamily

4h currently sitting in high demand area. uptrend daily trendline has broken, looking for that retest to happen on the support area of the trendline and wait for a confirmation signal to sell! my targets have been placed!

RJLfamily

on the daily timeframe i have drawn an uptrend wedge pattern! as it is climbing to near breaking point, just how much further can it go to near breaking point? I dropped down to the 4H timeframe and drawn my S/R targets to reach if only it restests the resistance on the daily timeframe which to then i can place an sell order for a good price and give me a good...

RJLfamily

i have setup my chart with a lovely confirmation of two strong trendlines going in only one direction! to me this is a strong bullish sign of a breakout to happen to hit the next daily high! i will be waiting for that possible retest for a confirmation signal for my entry on the 5M - 1HTF (less experience please use 1H)! please be risk assured as this is at a...

RJLfamily

the 4h trendline is coming to an end by a daily s/r. the 4hr is being squeezed and the 1hr chart shows it will make a return to daily/4hr resistance to then give it the momentum it needs and crash through that trendline and headback down towards the daily/4hr support shown in the diagram on the chart.

RJLfamily

So, in the 4H chart we can see A head and shoulders pattern created. We can till a breakout has happened surpassed the trendline to break through the support zone on the 4H, wait for the retracement (pullback) Then place a sell order and let it ride to the DAILY support area.

RJLfamily

as i can see on my chart it has provided me a triangle pattern which is sloping down as a downtrend but also consolidating and squeezing pressure. I'm waiting for the next retest @ the resistance level to place a sell and reach my target provided.

RJLfamily

currently sitting in the %40 region of my symmetrical triangle, I looking for it to break both supports to then enter the %60 region of the triangle. from then on I am looking for the continuation to %70 - %90 to apply the pressure on the support of the larger triangle looking for the signal breakout to reach my golden line of 1.14753.