Hi Traders,
I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind.
On H4 I see double bottom at 1.14760. This pattern worked, because the price went up strongly, and broke the 50EMA too. Now I see consolidation on H4, H2, H1, so we have to be patient now. If the price breaks the consolidation line upwards and close above it, I will search for long entries.
The most important trick in this trade is to wait until breaks and close above the consolidation line. You can use other timeframes, just be patient.
I will post future ideas about this pair, when and where I enter into a trade.
Let's be successful together.
Follow me for new ideas, I'll appreciate your follows.
Have a great day ahead,
Benjamin
I'm here to help improving your trading skills with my ideas to see the market from sombody else's mind.
On H4 I see double bottom at 1.14760. This pattern worked, because the price went up strongly, and broke the 50EMA too. Now I see consolidation on H4, H2, H1, so we have to be patient now. If the price breaks the consolidation line upwards and close above it, I will search for long entries.
The most important trick in this trade is to wait until breaks and close above the consolidation line. You can use other timeframes, just be patient.
I will post future ideas about this pair, when and where I enter into a trade.
Let's be successful together.
Follow me for new ideas, I'll appreciate your follows.
Have a great day ahead,
Benjamin
Order cancelled:
I did not enter this trade yet because of a possible double top. Be patient I will post an update
Cheers
Cheers