Should be safe enough. Take profit at 108. Half somewhere in between for funzies. I don't apologize for indicator clog. I like my charts being wide and horizontal. Need to add lots of indicators to squeeze it into widescreen mode.
I really like the looks of this setup. This is exactly the type of entry I like to see. A strong move into my entry with very little basing. The cleaner the move into entry, the easier time price will have of leaving the area. The only downside to this setup is that price tested the level already. I prefer fresh areas, however, since the test does not exceed 25%...
In my humble opinion there is not much I dislike about this trade. There is a strong move in, a strong move out which signifies a serious imbalance in price. As with my other trade ideas, the black lines are my entry zone, the red line is the stop, and the green line is the profit target. Keep an eye on the arrival. I don't like seeing too much basing as price...
This is a nice setup that caught my eye. The black lines are my entry area, the red line is my stop, and the green line is my intended target. The two negatives about this setup is that normally I would only take setups that offer me 3:1 risk to reward, but if I feel the setup is high probability, I will from time to time take less than 3:1. This setup offers...
We can go long to the 61,8 retracement that wil be the C point of the ABCD pattern
Being ranging for couple of weeks and squeezed in the triangle the price has finally showed us where it wants to go. We've had a massive break above the triangle and now retracing/retesting the level as resistance. So many confluences on the higher time frames showing the bullish bias and it's a perfect opportunity to be with the trend! So according to the rules...
AGAIN, SIMILAR TO THE PREVIOUS EURO SETUP, SHORT TERM LONGS WITH A ANTICIPATED LONG TERM SHORT BIAS OVERALL DOWN DO 106.25 OVER THE NEXT FEW WEEKS! TRADE SAFE GUYS.
17862 - 17850 Buy zones Hope to also see bullish divergence around this area with candlestick confirmation. Target 1 to be achieved at the close of the NY session on monday. I hope to see target 2 achieved around the close of the European session tuesday. Target 3 wednesday. This is just an idea enter based off of your own analysis. feedback/help appreciated :)
TRADE TRIGGERED ENTRY ON FRIDAY........LOOKING FOR A BREAK OF TREND, NEW HIGH & CONTINUATION......