Only, and only if I see a successful bounce off the resistance (turned into a support line) will I consider this a confirmed re-test.
Simple trade. high risk/reward with this long term trade
Simple trade, as trendline has been broken. I would wait for a little more conformation if you are risk averse
Seems like a decent entry, but I am keep a tight SL
FIB level, following trend, and RSI indicator are all pointing towards a short position. Going to have quite a tight SL for this order too
Let's wait for a retest, then will be taking a short position on this pair
Keep your eye on this one, will be going short once we get to the level indicated
Newbie Trader here 😎 Hoping to take a short position, based on the retest level of the support (turning into resistance). Will wait for a candle confirmation before entry ANy feedback is appreciated as I still have a lot of learning to do.