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Tfspriceactiontrading

EURUSD Forming Head and Shoulder Pattern - Break Neck to EnterHello Folks, I observed in 4H TF, EU forming HNS pattern. Opportunity to short is at hand. My entry is at the neck line, where 2 red horizontal lines are. Extra: TL have been tested 3 times, possible to break DXY still bearish, entry sell would be against the rules, but keep the risk tighter. Key Level 1.1200 been tested several times, price looking to break this level. would be a big bear jump. Plan: to observe the market on Monday ; Tuesday : watch for entry. Set alert at neck line zone. Risk: 3%.
Short
by MrDons
High Probability for Profit in USDJPY Hello Fellow Traders, Greetings! USD Index indicates that bearish sentiment still going and in control. No signs of Bullish waking up at the moment. Price break my lower TL channel, another indications for Bearish Movement. RSI traded at below 50% level (+1 Bear). That should be enough signs to compass my next trade. recently price rejected the supply zone that i marked. Bearish CSs continue to form. Waiting confirmation: 1. break support 107.45 2. RSI below 50% 3. Observation (additional) - price break lower TL , same movement as DXY. 4. Observation (additional) - price ranging/sideways. waiting for breakout. My vote is still on bearish. #TF all in 4H
Short
by MrDons
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