Bulamson_X

Bulamson_X

Expected to set short order below the bottom of the triangle, to catch some pips off that dive.

Bulamson_X

Today's EURUSD market shows uptrend momentum from the RSI. However, it might reverse identifiable from AB=CD pattern. It is expected go on short (sell at Entry Price 1.07394) at point B (or just before) where the pattern ends, Take Profit at 1.06977 and Stop Loss at 1.07569 i.e. with the risk to profit ratio of 1:3. Note that AB=CD patterns are not always...

Bulamson_X

The price target of this OANDA:XAUUSD price formation is the height of the wedge projected down from the expected breakout point ( Entry Price 1851.30 , Take Profit 1843.8 8). The Stop Loss placement for this rising wedge pattern is above the highest high point on the chart ( 1857.08 ), . You can also add a buffer to neutralize the short-term market...