DislikedEURUSD, holding short, M5, watching this expanding triangle with a bearish bias. it is a bidirectional pattern. An upside side breakout might be limited by R zone below 1.19 {image}Ignored
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DislikedEURUSD, holding short, M5, watching this expanding triangle with a bearish bias. it is a bidirectional pattern. An upside side breakout might be limited by R zone below 1.19 {image}Ignored
Disliked{quote} GU, I think the rejection @ 1.30-1.3035 R zone (former structural S of the daily uptrend) was quite significant. For any upside chance, it has to firmly break above that R zone. The bias remains bearish against 1.30 {image}Ignored
DislikedOn GBPUSD, 1.30 looks like a strong resistance, and support of 1.295 has been broken. I think a retest is of 2950 should a good price to sell from again. A new SW is formed on the price and has not been tested. {image}Ignored
DislikedNZDUSD, daily chart remains bullish above 0.66, but there is a possible bearish wedge pattern in progress. I'm already short NU as posted before. The M30 chart shows a possible short entry around 0.6765- 0.6775 with SL above 0.6785. TP @ 0.64 (RRR 18:1) {image} {image}Ignored
Disliked{quote} NZDUSD, short trade update. I added another position as I posted this trade idea. {image}Ignored
Disliked{quote} Regarding the management of this trade (or any other trade for that matter), this is no single best approach. A safe approach is taking profit on half of the trade (+50 pips atm) and move sl to b/e or small profit and set tp @ 0.64 and forget about it. I will write more on trade management in general when I get a chance. {image}Ignored
DislikedNZDUSD, daily chart remains bullish above 0.66, but there is a possible bearish wedge pattern in progress. I'm already short NU as posted before. The M30 chart shows a possible short entry around 0.6765- 0.6775 with SL above 0.6785. TP @ 0.64 (RRR 18:1) {image} {image}Ignored