1) Price has formed a double bottom on the daily chart
2) Price may bounce off thosprize zone and continue to the upside
3) Price has rejected 1.0344 price zone historically in the past (one being a very long wick)
1] (On the smaller time frames) If price breaks recent downward trend, and then retests, that will comfirm movement to the upside for me.
- Target od a bearish Squence(Daily)
- Higher Highs/Lows (bullish Priceaction)
- Break of last Resitence
Enter at the Golden Ratio of the last Impulse, don´t forget Breakeven
Checkout my other Ideas ;D
- We´re in a secondary Targetzone from the Daily Perspektive
- Higher Highs Higher Lows
- Finished Target in the 1 h Chart
- Monipulation is coming
Don´t forget Breakeven ;D
Checkout my other ideas!!!
1) The trend is overall downward on the 1hr. #TRENDTRADERS
2) There has also been multiple touches of this downward trendline
3) The upward smaller timeframe trendline has been broken.
4) It looks like price has come back for a retest.
This is a good risk to reward of 5
For my free shorter term signals___ the link is...
1] Price has broken the general upward channel.
2] It came back up for a retest to the channel, however it was rejected
3] Price also broke the upward neckline with a bearish engulfing candle
The Risk to reward is roughly 2 depending on how tight your SL is. I will be using a trailing SL when coming to the next lot of horizontal support
For my free shorter...