Breakout of trend line. I will draw a rising trend line in a lower time frame like 5m, 15m, 30m etc and will watch for a lower time frame candle to close below the trend line.
Now I already entered on a short trade based on a 15 minute candle close below the rising trend line.
Have a look at my thread Bijoy’s Trading Set ups for more updates and trade ideas on other pairs too. Initially go through at least first 10 pages and then look at the last pages.
[B]Please read Short @ 1.0376 as 1.0476. It was a typing error[/B]