Wait for price to move lower then pullback to a 618 retracement. This will give us a great short opportunity.
Looks pretty good and i'll be taking this if the market doesn't gap.
This engulfing candle presents an excellent long opportunity with two targets; the first on the trendline and the second at weekly resistance.
buy on breakout of the top of the flag, if it breaks below, then do not enter the trade
1.618 Targets for me as my backtesting shows that it works!
A decent 2618 trade. Please note if price breaks below 1.05790 then the trade is invalidated and we should wait for another pullback.
Break Of Structure with the downtrend suggests that price could fall pretty far, but I will be taking off half my position at a 1/1 RR at structure to be safe and lock in some $$$
Great opportunity for a short, look out for a short term retracement in the blue zone
If you trade advanced patterns then this may be something for you to have a look at.
You could either enter at market right now when the market opens or wait for a possible retracement to ZONE1 before shorting EURJPY (if it firs your trade plan)
I'm not taking the typical 1.272 extension entry, but rather at the weekly support