alonsocruz

alonsocruz

Price Action

alonsocruz Updated 

May be touching the 1.05916 ´s

alonsocruz

Price Action

alonsocruz

Seems to

alonsocruz

Kangaroo tail

alonsocruz

Waiting for the big launch - expecting for a 40 pips reversal, if it goes farther probably will fall in consolidation.

alonsocruz

Seems to be going up

alonsocruz

New High ?

alonsocruz

Seems to be going up

alonsocruz

Looking for a nice kangaroo tail to buy

alonsocruz Updated 

Seems to leave the consolidation upwards - You should wait for a slight reversal

alonsocruz

it will confirm a downtrend near the 1.05662

alonsocruz

A not that clear trend, could bounce until a breakout

alonsocruz

You can find the optimum price to buy - if you want to take the uptrend - it could go down and touch the 1.05820 *You can only see it on a 1 min frame

alonsocruz

* Theres a catalyst in progress it´ll need a bullish candle to complete the breakout, 1 Double bottom around the 1.05358 using 1.05252 as first bottom 2 Double bottom around the 1.05239 using 1.05152 as first bottom 3 Double bottom around the 1.05084 using 1.04956 as first bottom For any option you´ll need a confirmed catalyst. Happy trading.

alonsocruz

If that 4hr bearish candle closes above 1.05947 the downtrend may be over with the double bottom. That would be the kangaroo tail pointing that the market went to far.

alonsocruz

Waiting for a bullish kangaroo tail

alonsocruz

As soon as the price passes the 1.0604 zone it could ignite a double bottom. If you want to take it a way to do it is to place the SL below the first bottom at 1.05971 and cross your fingers.