FIRST TRADE: r/r =1.3 for descendent triangle SHORT//// SECOND OPPORTUNITY: BULLISH BAT PATTERN LONG /// THIRD OPPORTUNITY: BULLISH CYPHER PATTERN ( big picture in green) LONG////
R/R could be interesting but it's early for the trade.
R/R 1.65 and chance for a trailing stop as the price breaks the area of price where i put the take profit.
FIRST LEVEL OF TAKE PROFIT WITH R/R 1.5 THEN I WILL MOVE THE STOP AT BE
chance for a trade with a minimum r/r of 1.45 (conservative) There is also an rsi divergence
r/r >3. I will move the stop to BE if the price hits the 1.2014 and again trailing stop technique as the price gets to 1.206
FIRST SIGNAL: bullish gartley pattern completed ( days ago) but it can be still traded SECOND SIGNAL: ascending triangle in formation.
i will try to enter at 1.28720 to get a better R/R > 1.32
2 PATTERNS : ABCD PATTERN // BEARISH GARTLEY PATTERN // Take profits set on important levels of price.
EUR/USD is creating an horizontal channel. R/R and levels on the chart. actually the chart could also create an ABCD pattern with extension 1.618 which it's exactly on entry level for the 2618 trade.
BIG picture: head & shoulders Small picture > trend following. everything on the chart.
Strong resistance level. It could be the chance for a short. Entry level, stop loss and take profit in the chart.
Stop loss quite wide because there is an important level that could be used by the price to create a double/triple top.
The price could feel this area of price that was quite strong in the past (chart 1d)