Acending RA Triangle. Bullish Signal.
Good Luck, Cheers.
Good Luck, Cheers.
Trade active:
We are over 13 PIPpers in Profit.
Keep an eye on 87.5 area for some resistance, we are confirmed Bullish on the 1 Hour timeframe however so you could realistically hold this until you get an hourly bearish confirmation. I will probably look to ultimately take profits at 87.750.
Once we hit 87.750, I will be watching the 5M and 15M for a clear pivot and short it back down to break the last swing low and then move on.
Keep an eye on 87.5 area for some resistance, we are confirmed Bullish on the 1 Hour timeframe however so you could realistically hold this until you get an hourly bearish confirmation. I will probably look to ultimately take profits at 87.750.
Once we hit 87.750, I will be watching the 5M and 15M for a clear pivot and short it back down to break the last swing low and then move on.
Comment:
Heres our resistance at 87.5.... I am not going anywhere yet....87.75 is my target to TP and flip to short.
Comment:
So here's the 4 Hour view I was telling you about, I am riding this up to 87.795 or thereabouts to TP and then watch for a 5M or 15M Pivot (Bearish Confirmation). If you dont know what that is, say so in comments I will explain.
Comment:
Resistance is not resisting too much, yet.
Comment:
Everything going according to plan, 15 M Structure is in..
Trade closed: target reached:
TP SMASHED!
Good run, more tomorrow.
Good run, more tomorrow.