Hi Trader, There is a very good opportunity if the candles break both resistance, I would personally trade it if it breaks the bottom of triangle, but if you want to be sure, wait till it breaks the red line. It is a swing trade so patience is recommended. feel free to comment or pm me for more details Cheers, Masih
PETR4 Potencial AB = CD pattern might be forming on the daily chart, giving us a 8:1 Reward to Risk ratio, which is nice. - Support @ 8.00 - 38.2% Fib Level - Black MA acting as Support
Great opportunity to long the aud usd with high reward from daily support and close to 0.5 fibo retracement
After a very good downtrend channel being followed by this pair and hitting about 4-5 of my targets including the final target of 112 (been waiting for this level since December) has been hit. Now i am expecting a possible retest of the 112 region then a bullish move to the upper downtrend line. If nice opportunities do show up will short, preferably to my first...