Pending order above the double bottom break. Target 1 - double bottom target Target 2 - 38.2 (or bounce form the above TL, whatever comes first) RR T1 = 1 RR T2 = 3.3 Total RR = 2.15
Sometimes the simplest ideas are the best. I'm not here for excitement. Pending order below 0.985 round number (previous wick) Will take profits 1/2 at previous low (1.9 RRR) and 1/2 at fibo resistance (will wait for a confirmation from price action, estimated 161.8 and 3.5 RRR) Peace out
A relatively small RRR, but also I think a safe entry ~80% possibility. Target is only 38.2 Fibs, which is the most pessimistic possibility. THIS WAS WAVE 1 of a new trend, so I don't rule out the possibility of the correction reaching 112.8 (61.8) or even 112.33 (76.4) correction, so I would swing a part of the position if I see a sharp dip downards.
Long continuation - to complete the correction. Pending order for new high on micro TF.
Pending order for 1.237 sell stop RRR = 9 Target is H&S confirmed by previous low. A small divergence on the RSI
Triangle trading. Supported by... yep.... support level.
I will wait for a specific PA turning figure to appear, and a 3-wave sequence. Preferably, RSI crossing 30 range on the 15 minute chart as well
Wave 1 of the last 5 completed. Waiting for some retracement (possibly to 0.72) until continuing downward Target 1 is 0.704 (Wave 5 may fail to reach new lows due to the trendline being broken) - 70% possibility Target 2 is 138.2% Fib or 0.7 (round number) - 30% possibility.
Entry is now. There is presence of strong resistance on the lower side of the big channel. Today we have a second attempt to break, failed. On classic Technical Analysis, this is considered a flag, confirming a target of 261.8 FIB target, also going to the upper band. Elliott Wave analysis also confirms this as a Zig Zag and a completed minor wave 2 out of 5 of...
My personal trade specs Sell 1.351.08 SL 1355.094 TP 1315.951 R:R = ~9
A new opportunity on the 5-minute chart - the reason I closed this deal resulted in a triangle I re-opened a new position with a very tight stop, and a further away target. Deal details: Buy stop @ 1351.09 SL 1347.12 TP 1378.43 RR: 6:89 :)