Looking for a sell on this one when price reaches 1.4700- 1.47500.. TP should end before 1.45900
Looking for a buy in this trade, whether TP reaches the next trend line, or continues through the channel, at least 50 pips
Price hitting a previous support line. Expecting for a clear buy. **Enter after two clear green candles have formed
PRICE AT A PRESSURE POINT, WILL RESIST TREND LINE, OR WILL CONTINUE IN THE CHANNEL FOR A BUY, Will enter after a solid move is made for either a buy or a sell
DOWNWARD TREND FORMING AND REACHING TREND LINE **Mindful of a buy beforehand tp at 1.75585
Downward trend forming Reaching support line- can buy at this point, and have TP before 0.88990 Sell when price reaches 0.88990
Down trend forming Reaching resistance line Lets see what happends
- PRICE HITTING TOP OF CHANNEL SUGGESTING DECREASE AND THEREFORE A SELL - TP WILL BE AT NEXT LINE OF SUPPORT
- PRICE BOUNDING AROUND SIDEWAYS MOVEMENT SUGGESTING CHANGE IN DIRECTION - HITTING SUPPORT LINE - WILL INCREASE TO YELLOW TREND LINE THEN FALL AGAIN
- PRICE MOVING IN SIDEWAYS MOVEMENT SUGGESTING MOVE IN DIRECTION - PRICE HITTING SUPPORT LINE - HEAD AND SHOULDERS PATTERN FORMING
- HITTING SUPPORT LINE - UPWARDS OF 100 PIPS
- FOLLOWING CHANNEL PATTERN - HITTING TREND LINE WITH UPWARDS MOTION - COULD HIT TREND LINE BEFORE RESISTANCE AND DECREASE
- UPWARD TREND LINE - FOLLOWING SIDEWAYS CHANNEL - HIT TREND LINE
- FOLLOWING TREND LINE - HIT MAJOR TREND LINE
- DOWNWARD TREND - HIT MAJOR TREND LINE - PRICE STABILISING
- DOWNWARD TREND - HIT MAJOR TREND LINE - SELL 65 PIPS
- Continued down trend forming- could resist at support/resistance line however, SL is set above the last pull back so should still be profitable