at accumulation point, already reversal signals on lower TF however due to low volume as today is Friday it wont be such a fast moving trade, expected to hit TP this evening before markets close but most likely will occur Sunday. Furthermore, it is always helpful for the indicators to also side with you, RSI signals over bought and DEMA has crossed as sell signal....
pinbar reversal signal, top of the trend lines and bounce off, TP is to first relatively major support and will extend as it gets closer to TP my original idea was a 1:3 if not more, but will be updating.
re opened, from previous was break even, 2nd attempt test, bounced off support as shown now on route to hit resistance/break it. Currently I am looking just to get at resistance point but be aware for it to break it as well to extend target.
minor target 1:1 will be extending, reason for entry broke my line similar to NZDUSD still not in perfect position but will most likely retrace to support level which is where i will exit or extend if it manages to break it.
bounced off support level and should make its way to hit resistance, 1:2 is what i am aiming for external factors raised all USD pairs, so its good to buy pairs with USD at the moment. Unfortunately this is forex even if your trades are planned correct it can go completely the other way. I am entering because of S R levels and the continuation of bulls, showing...
clearly bounced off support level, I dont know how high it will go, but I am expecting a 1:2 maybe slightly aimbitous but will be happy for minimum 1:1 currently trading the anti trend so have to be careful but have reasonble confirmation.
broke S level, and seems bull structure continues to R level
stop is in a safe level as it is beyond the S line which makes it difficult to hit unless structure is broken.
broke my line and and top of resistance, even though i am trading anti trend, seems there is reasonble confirmation that it does not want to break the resistance i do not see any inner support levels should be clear trade if it is to not break the resistance.
