Seems like EU related news could not make much more than noise... I wonder if we make a new low before the US news comes out: image

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Trendline adjusted, waiting for 10am news, also 5th attempt to brake the price range. image

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NEWS time, Let's see if these hold: image Remember, even if the orange marker breaks, we will need to retest the flat uptrend line, which means that my entry is still kinda safe. But it will mean once we get back to the trend line we can aim for a ...

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its only visible for now on the 5m chart for me, but that is the origin. I tempt to believe that we will make a new low in this trend.

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Bit of an andjustment to the trendline: image Seems like the price rejected that area 4 times. I hope it goes south, I would be pretty happy about it. Technically if it truly goes down this week, for me it means that the h1 will make a new low ...

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Another monday morning, and for me another short: image Price got pushed up but the flat trend line did not get touched, we are so far away from it its just too good to miss with a pretty short stop. Let's see how our week goes. Good trades for ...

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Entries are doing okay: image

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Two trades in, already in plus, fingers crossed for prefered out come

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Started a fresh chart, so I can have only the recent lines on. Fingers crossed!

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What I meant on intersting is, that I see no reason for this quick rush. Possible people are lookign for trend line breaks and it might have triggered some high money traders. We will see, if it stops out thats fine, we will see some new targets, ...

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Okay, so it flew off.. Interesting... I might step in again. Stop is not that far actually: image

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TrendLine Reached, new entry short:

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Now its time to clear up old crap from the chart, so let's see what is actual. image The uptrend line is really flat, so I expect a nice turn around once the down trend line is crossed.

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I am happy to have some people with similiar opinion on this, thanks for contributing by showing your charts too. Feel free to add other pairs you might trade. What I like in this system is that we can get clear target levels and good stop areas. ...

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Getting there image

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Target upwards the white trendline

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As promised, price is at where we wanted:

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As I hoped,

Cable Update (GBPUSD)

Had time for a checkin, so far so good! image

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Last update for today, The pair was really kind to us giving a new possibilty for late people to enter for the purple target, which was hit as promised. Now the trend origin has not yet been reached so a bit more down to go and we can conclude this ...

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