The accumulation of 0.74 support and the ascending channel could offer new long opportunities. Risking a little more than usual here but great R/R ratio. I see this playing out over the next month. As always I welcome and appreciate all criticism and feedback. -TK
Potentially a beautiful long term trade. Will be entering with low amount risked and will add to positions as it goes. Respected the trend line multiple times. Will be holding this for at least a few months. Patience pays off. Any feedback or criticism is welcome. Thanks -TK
imo the downtrend channel is still being respected and the price has failed to break out previously. following my earlier short last week the price is again around the channel upper trend line. Time to short this baby again. Risking little again in the possible chance of it breaking out. Targets set, stop loss in place. Lets see this play-out. As always I welcome...
Reposted as the tp/sl wasn't aligned with the chart correctly. Personally, I keep my charts clean and simple. Sellers failed to break the resistance twice already. I believe it will bounce off the bottom trend line to a move higher which will see in longterm 1.300. Once again risking very little. Lets watching this play out. I invite everyone who views this for...
Personally, I keep my charts clean and simple. Sellers failed to break the resistance twice already. I believe it will bounce off the bottom trend line to a move higher which will see in longterm 1.300. Once again risking very little. Lets watching this play out. I invite everyone who views this for their thoughts and feedback. Thanks -TK
After evaluating the the higher time frames it is evident that EU is in a long term short. As shown on the 4h TF you can see that it is clearly at the top of a downtrend channel hence why I believe now is a key time to short. Risking very little is key here as the R/R ratio is extremely well. Lets see how this plays out.