Is today the Breakout-day?
I see 2 clear Action Points - the edges of the box - here are breakout-Szenarios thinkable.
The risk loving anticyclical Investor could open a shortposition at the actual Level.
Former analysis:A Traders Dream?
This illustrated H&S would be a Traders Dream! Will the pair take the direct way up to the Box`s upper edge or will a H&S be formed?
prices > 1,4722 --> next TP = upper edge @ 1.4775
H&S Targets: 1.4792 ( min ) / 1.485 (max)
COMMENTS ARE WELCOME! AGREE OR DISAGREE
Reached again an action Point
The pair reached the bottom of the in my last Analysis mentioned Trading Box.
Now there are two direct positions possible.
1. Anticyclical Long at the actual Level --> TP = upper edge of the Box
2. Cyclical Stoppsell near below the box`s bottom--> TP= 1.453
All Prices above the box`s upperedge is a longsignal
Caught in the Box
We see euraud ranging between 1.4655 - 1,4775
I see 2 clear Action Points - the edges of the box - here are breakout-Szenarios thinkable.
The risk loving anticyclical Investor could open a shortposition at the actual Level.
All 3 positions are drawed into the Chart.
I for my own would prefer the Breakout @ the upside, cause i see a flag (but flags don`t work good against the trend !!)
Comment. hahah...filled the short, reached target - built an H&S, triggered --> prices > 1,4722 --> next TP = upper edge @ 1.4775
Comment. reached tp @ 1.4775 on the direct way..
I see 2 clear Action Points - the edges of the box - here are breakout-Szenarios thinkable.
The risk loving anticyclical Investor could open a shortposition at the actual Level.
Former analysis:A Traders Dream?
prices > 1,4722 --> next TP = upper edge @ 1.4775
H&S Targets: 1.4792 ( min ) / 1.485 (max)
COMMENTS ARE WELCOME! AGREE OR DISAGREE
Reached again an action Point
Now there are two direct positions possible.
1. Anticyclical Long at the actual Level --> TP = upper edge of the Box
2. Cyclical Stoppsell near below the box`s bottom--> TP= 1.453
All Prices above the box`s upperedge is a longsignal
Caught in the Box
I see 2 clear Action Points - the edges of the box - here are breakout-Szenarios thinkable.
The risk loving anticyclical Investor could open a shortposition at the actual Level.
All 3 positions are drawed into the Chart.
I for my own would prefer the Breakout @ the upside, cause i see a flag (but flags don`t work good against the trend !!)
Comment. hahah...filled the short, reached target - built an H&S, triggered --> prices > 1,4722 --> next TP = upper edge @ 1.4775
Bình luận:
triggered the shortpoisition
Bình luận:
phantastic! First, the risk-lover made his short, then the Long got triggered and reaced the tp- cheers guys!
