A bit late with this analysis, but I'm long on a hammer. Not the best hammer but with a good trend.
1st target at around 1,5R, move SL to BE.
2nd target at next major resistance level.
Total of 2,25R
Simple priceaction breakout from ranging state, set and forget style of trade.
Looking for a limit order to trigger within three bars, otherwise I will remove the order.
Looking for ~2,1RRR.
Long after a downtrend, could we se a new trend forming?
Charts offers self explanation.
Long on break of resistance on 1h chart.
A bit risky, would like to se break of weekly resistance for a less risky and A+ setup, but consider this to be a B setup and tradable.
Long breakout on AUD/USD 1h chart.
Countertrend.
Target one, take 50% off, and move SL to breakeven.
Give entry order three bars, or remove it.
Se charts for more info.
Pinbar @ support on 8H. Entry on retrace.
Entry: 17,619
Stop: 17,434
Target 18,174
The numbers could be 1761,9 - 1743,4 - 1817,4 depending on broker and instrument. This is from a CFD.
