Please take a look at the reasoning for taking shorts in the chart, it lines up with the larger timeframe trend and includes best short entries to reach target zones beyond the heavy order area. (LTF should say HTF - higher timeframe)
Strong weekly resistance established so we are looking for at least a 100 to 200 pip push to the downside and further analysis to see if there will be a larger 300 to 400 pip push down to the next weekly resistance level.
On the weekly and daily, this pair looks like it is building pressure for a strong move up. Wait and see if price goes that way first before entering a long position.
We see strong weekly rejection off resistance which is confirmed on the 4H where we find a breakout level to take price short. Initial target set at 1:2, 120pip stop : 240 pip target.
In this trade we can see many pattern breaks on the way up, think there will be a final push to reach the 1:3 target. The stop is on 20pips so chance of getting stopped out is higher.
This has a lot of confirmation for a push down, going for 50 pips.
Coming off daily support and with ltf divergence, going for 50 pips up.
Nice setup here, going for lows about 30 pips down, at least.
Up for 40 pips, strong areas to push off and reach.
Waiting for that strong break low; continuation pattern lower, or perfect retest and continuation down. Make sure to lock in profit if you get a 50 pips positive.
Let's see if this downward push happens for a target of 30 pips.
Looking for a strong break or solid retest after the break, continuation trends cause many are selling via daily charts so will have a strong push up if going that way.
Going to see if price goes up from here for at least 24 pips locked in for the 1st target, 2nd at 40 pips.
Seeing if this has any takeoff ability or continue back in line with down trend.
Let's see how far we can take this short and remember to lock in profit, especially if it drop 40 pips down from your entry.
Waiting to see if this short can fill up some space down below. At least 24 pips.
Going to try and take this down for some pips if there's a strong push that way.