Price within a channel Broken trendline Entry: Now or wait for a pullback Stoploss: Above channel TP: Double Bottom
Watch for retracement to finish and retest the broken support and trendline
google bearish megaphone pattern
Wait for retracement to finish and enter on retest of broken structure
Wait for impulsive breakdown of trendline and structure. Retest structure and enter short
Multiple confluences: Structure 1hr 50EMA Trendline 618 fib retracement
Wait for breakout and retest of marked zones shown on chart. 180 pip targets for both Longs and Shorts.
Price showing heavy downward momentum. We require a break of the support area to continue downtrend. Entry Plan: - Await an impulse break of support zone - Wait for a retest of support zone, now resistance - Short until the next support zone
Price broke impulsively through support, indicating downward momentum and continuation of downtrend. Plan: Await for price to retest broken support. Short to atleast 1.67
Awaiting break and retest of either side. Bullish trade Idea 1. Wait for an impulsive break of 1740 2. Wait for price to retest 1740 region - ideally with a bull flag 3. Enter trade with a take profit of atleast 1780. Ideal target 1800 Bearish trade idea 1. Wait for an impulsive break of 1660 2. Wait for price to retest 1660 region - ideally with a bear...