expecting a break of structure and price to retest the previous broken structure to the downside
moves stop loss at break even once price goes at 1rr
THIS is a pending buy. move your stops at break even once it goes at 1r good luck
should price break the lows, we get in with the momentum and go for trend continuation to the daily break-out
i only use structure and price action. the idea is based on that. not a single indicator not a single trendline goodluck
rules to buy it 1. price must loose momentum to the downside by making smaller candles 2. we need it to accumulate in that are 3. it must not go lower that previous lows any break of these rules makes the idea invalid good luck
there are 2 possible entries on this and GU IS NOT ready to go up just yet. where the arrow points on the charts is the price that troubles me, it could prove to be a better entry and that is the reason the stop loss is bellow that lows. i suggestion taking profit at 1rr , moving stop loss at break even and when price hits 2rr leave 10% of the position to run...
Long momentum has been slowing down and strong bearish momentum candle has appeared while rejecting the resistance level. sort to the broken structure i suggest taking half profit out at 1rr and moving stop loss at break even
cadchf has broken throughthe resistance of the range. DONT buy now, wait for the retest of the broken resistance, see some momentum loss on sorts and accumulation there on 1hr and enter the trade to the previous highs. i repeat, do not buy now, wait for the retest