If it gets down here .. buy!.. nice R:R .. not sure if it will make it down here though... if not you can buy break out up to trend line..
not a good trade, poor RR but bored on Good Friday and looking for a 15 min option.. here is a set up. again I am not really into this one.. only for those that have to be in a trade and ok with little more than 1:1 RR - recommend very small position or skip this one. Just had a couple of guys want me to look for a 15 min for them.. here ya go..
Good area to look for GBP USD to make one more move up -- this is a short term trade so take your profits as we are in an overall downtrend, however analysis is supportive for a move back up at this level -- have to have stop at least below trendline however. Happy Trading!
double top at a great fib level for a trip down
buy the breakout.. looking for a 250pip trade
The previous two bull spikes Dec and Feb have retraced to 0.382 fib within hours to a day for a quick short .. we can see if this happens again. This one is for the aggressive traders.. actually RR is not great enough for me to take this.. but putting in out there for your risky guys!!
The daily chart had been in a 2 mo trading range( TR ) following the big bull breakout day on Dec 3 . We have a breakout now that hit target 1 (2x the trading range measured move) - Bulls see this as follow through on Dec 3 and will need a bigger push to convince that we are in a bull trend -- the 2 day breakout looks good and strong enough that we should expect...