USOIL has just hit its highest for the past 2 years. It is good to short according to your money management/signals. Personally entered aggressivly now w/ H1 rejection SL 62.6 (above recent high) first TP 61.6 then 61 then BE+last TP 55 (to play big reversal scenario).
I'm looking to enter short on bearish flag continuation setup breakout below 1.30. TP 1.204. R/R is not fantastic but there is way to improve with multiple TP intermediate TPs and more aggressive SL.
Diamond configuration in preparation (long) but we are approaching a significant resistance area (weekly/Monthly). 2 scenari : - MT short on resistance area reaction (daily). Targets : 1.64/1.59/1.54 - LT buy after diamond exit + weekly confirmation (pull-back+reaction). Targets 1.75/1.79 and in extension the 1.9x zone. Similar though cleaner to $AUDNZD...
FX_IDC:GBPUSD Upon diamond pattern completion and effective trendline reaction long trade is possible with good ROI