Might be a good setup. Dollar has been declining because of Trump shenanigans this whole time, this week might be a combo-breaker.
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DislikedHello Fellow traders. I love trading Price Action. Thanks for the thread. I entered GBP CAD couple of days ago and just got out at around 100 pips on H4 chart. Entry and target are marked by the vertical lines on H4. Now I am considering re-entering "Selling" on a retest of H4 as on the weekly chart, there seems to me more movement to retest the horizontal support (White vertical line on weekly". Any ideas. {image} {image}Ignored
DislikedOk. I invite you dear lemercenaire and other sincere PA traders to analyse with me this pair : NZD/USD. Weekly time frame : PA is in a range bounded by the two yellow horizontal lines. Price has also tested 50 percent fibo and heading down. Daily time frame: A very visible Head and Shoulders Pattern presents itself. I am Waiting for a strong break of the neck yellow line and price to retest this S/R. Will keep an eye on H4. H4 time frame: Nothing much at this time to indicate a break. H4 and...Ignored
DislikedThis is the risk I fear with GCad... It's plummeting alright, but this entire area is filled with demand. It's not the highest probability sell out there in my opinion. {image}Ignored
DislikedOk. I invite you dear lemercenaire and other sincere PA traders to analyse with me this pair : NZD/USD. Weekly time frame : PA is in a range bounded by the two yellow horizontal lines. Price has also tested 50 percent fibo and heading down. Daily time frame: A very visible Head and Shoulders Pattern presents itself. I am Waiting for a strong break of the neck yellow line and price to retest this S/R. Will keep an eye on H4. H4 time frame: Nothing much at this time to indicate a break. H4 and...Ignored
DislikedThis is the risk I fear with GCad... It's plummeting alright, but this entire area is filled with demand. It's not the highest probability sell out there in my opinion. {image}Ignored