I am looking at price to retest the 1.1820 zone. A break above that will take us to our weekly resistance at 1.1904. A break above our resistance will confirm the double bottom and we will be headed back to 1.2200 zone.
HOWEVER, we are STILL in a down trend, so a trendline rejection is highly likely.
Entry 1.1766
SL 1.1750
TP: Trailing trade
This market has finally come into the 114.50 zone creating a triple top. Price has been consolidating between 114 and 108 since the beginning of the year. If you are a swing trader, then this is the type of high probability trade you look for. Price is currently forming a beautiful pin bar on the D1, and if everything looks good at the close of the daily candle,...
Bullish crab pattern completed on H4
STRONG DAILY SUPPORT IN THE AREA, LOOKING FOR STRONG PRICE ACTION.
XAB 0.618
ABC 0.618
BCD 3.618
XAD 1.618
PRZ- 0.7331 - 0.7355
Be displined, look for more confluence, take time to measure legs to make sure numbers are accurate. Don't take my word for it, please double check me.
BUILD YOUR CASE, BUILD YOUR CASE....
