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If this isn't a false breakout, it should allow us to ride the wave down for a nice profit. I'll show you in the comment the target on the 4H chart. Trade Safe!!
Everything on the chart. Fanboys keep the hate out, this is just about money. Trade Safe!!
EVERYTHING ON THE CHART. TRADE SAFE!!
Quick scalp here or you can also add to previous long position (longer term). Everything on the chart and previous idea. Trade Safe!!
Everything on the chart, keep it simple. Trade Safe!!
Everything on the chart. Trade Safe!!
Everything on the chart. Trade Safe!!
Everything on the chart. Trade Safe!!
Ascending Triangle formation forming. Hidden Bullish Divergence. Wait for the confirmation with EMA cross over for safe trading. Trade Safe.
Everything is pretty much on the chart. I am posting the 4H (I don't know how to post pictures in my comments, not enough rep I think) to give the bigger picture of the swing but the entry is on the 1H, EMA cross over happening, waiting for next candle close(above). Trade Safe!!
We need to be patient and watch carefully for the outcome of this potential set up. If correct we should be able to catch a really nice impulse wave at the breakout of the triangle ( yellow trendline) I set my entry at 1.0926 because I can't sit in front of the screen today but I might just get trapped in. So if you can watch the chart, just wait for the...
Everything on the chart. Trade Safe!!
If it was to break down that Support that did turn into resistance then this might the best set up to catch a long wave down. EMA acting as dynamic resistance, hidden bearish divergence. If not, no big deal RR is extremely good to take the risk on that trade. Trade Safe!!
Price should logically retrace and retest that broken trend line, good RR to take the risk here. Target and S/L on the chart. Trade Safe!!
Everything on the chart, really good RR no reason to not take this trade. Trade Safe!!
Previous resistance seem to be now confirmed as new support. Watch for the EMA cross over for confirmation and open your position. Or take a risk for more profit and open now (I did). Target 1 : 111.750 Target 2 : 112.250 S/L 110.500 Trade Safe