setup ~ flows are down on daily with pinched flows inside coil on 4 hr trigger ~ a prelaunch based on break/retrace to swing point low at channel edge inside coil on 4 hr entry ~ short 2.0691 stop ~ 168 pips, targets ~ 168, 336, 504
setup ~ to complete the wave count need a 5th wave down at min + thu, fri saw test/break of daily lows .. trigger ~ retrace to resistance on 1 hr entry ~ short 73.601 stop ~ 97 pips target 147 pips
setup ~ coil on 4 hr chart in a downwards channel - at edge of h&s breakdown potential trigger ~ break of spike lows at coil edge on 4 hr charts entry ~ 1.40482 stops ~ 109 pips targets ~ 109, 218, 327 pips
Setup ~ channel on 4 hour chart nested inside a downwards channel Trigger ~ break of channel edge at 1.30623 entry ~ short 1.30623 stop ~ 156 pips targets ~ 156, 312, 468
setup ~ channel on 4 hour chart trigger ~ break of bar lower at edge of channel entry ~ short 8.32399 stop -568 pips t1 ~ 568 pips, t2 ~ 1138 pips, t3 ~ 1704 pips
setup ~ retest of wedge break down on 8 hr trigger ~ break of swing point low established on break of wedge entry ~ 0.73012 stop ~ 110 pips t1 ~ 110 pips, t2 ~ 220 pips, t3 ~ 330 pips
setup ~ triangle breakout is being retested trigger ~ break of new swing point high established on breakout of compression triangle note : while overall trend maybe unclear, the 2 targets are within upwards channel entry ~ 1.4976 stop ~ 260 pips t1 ~ 260 pips t2 ~ 520 pips t3 ~ 780 pips
setup ~ compression wedge on 8 hour chart trigger ~ break of lows of wedge NOTE - trade is cancelled if not filled before 4.00 am e.t. (1/2 hour before construction PMI news on GBP) entry ~ 1.84748 stop ~ 225 pips t1 ~ 225 pips t2 ~ 450 pips t3 ~ 675 pips
Daily chart price action suggests potential resumption of uptrend. setup ~ wedge formation on daily or 8 hr chart trigger ~ break of swing point high at boundary of upper edge of wedge stop = 188 pips target 1 = 94 pips target 2 = 141 pips target 3 = 188 pips targets have been shortened because heading into weekend. Will be looking to close position eod Friday