A 4 hour close below the neckline could target 5679

Cable Update (GBPUSD)

Here is a 1 hour chart: It would be a nice little setup if we could get a 50 -61.8 retracement in order to kick inthe bullish hidden divergence for a nice long trade. Otherwise, a break above the hi without a 50-61.8 retracement indicates the ...

EURUSD

LOL, I thought I WAS focusing on trading.

EURUSD

That 5 min chart is a bull flag, typically indicating a topside breakout (but not always). Coupled with the bullish hidden divergence, its likely a topside break would occur.Of course.....NFP coming out could definitely negate the entire pattern.

EURUSD

What is that? Are those the charts you trade from?

EURUSD

Ok, I thought so Trying to long AND short within such a tight channel results in losses 99.9% of the time. You may want to wait for a break then a retest of the break before taking a position. Another thing, its a very bad idea to trade 30 min ...

EURUSD

Maybe...but it probably needs to break out of this little 5 min channel first for a more clear direction. The odds may be a little better.

EURUSD

Are you a new trader? Just wondering.

EURUSD

Trigger happy? : We are in a tight range at the moment.

EURUSD

2834 possibly...as long as price remains under 2880

EURUSD

As long as price stays below 2880, the 5 min target is 2834.

EURUSD

As long as price remains under 2899, I will be thinking sell pullbacks targeting 2763. Above 2899, I will be thinking buy dips.

EURUSD

Ignore it, it doesnt matter. Just focus on your task at hand.

EURUSD

H4 — Bullish hidden divergence forming on the 4 hr but still pressure to the down side and a possibility of testing the 38.2 or 50% . Must break thru 2985 tho.

EURUSD

Thanks PipTrapper. Im usually here lurking every day

EURUSD

Simple..probably because you are trading different time frames.

EURUSD

we can learn a lot by keeping still and listening sometimes.

EURUSD