Weekly Review 08/11/19 - 08/16/19
Trades Taken:
GBP/CHF 8/13/19 (OPENED) - 8/16/19 (CLOSED) [3.28%]
NZD/CHF 8/13/19 (OPENED) - Currently Open
GBP/AUD 8/14/19 (OPENED)- Currently Open
Past Trades:
AUD/CHF 8/08/19 (OPENED) - 8/12/19 (CLOSED) [-0.98%]
Missed Trades:
None
EUR/GBP, Recently had a nice pullback. I have been waiting for an entry for quite but nothing currently fits in my Plan to entry. But I have noticed this happening over and over in the Market. I am trying to look for at least 2-3 times frames to be congruent. Ex. Daily with You + 4H (Price action/ pattern / broken of Structure) + 1H (priceaction/Pattern)
- Looking at EUR/GBP:
- Daily - Obviously currently price is in a Run up but no real pullback has happened until Price Action started to decelerate then some Bearish Momentum finally
- 1H - Descending Triangle Forming
Two possible Entires
1: The 1H is forming the Triangle and 3rd Touch
2: Break and Rest of the Triangle