Seeking consistency

Cable broke out and closed above (on the daily time frame) the 1.60 00 level

Daily and 4H trends are up, opportunity to play the retest of the previous resistance (turned into support) on the 1 hourly time-frame

Order set at 1.59 90 stop @ 1. 59 60 (risk -30 pips) target previous daily highs at 1.61 10 reward +120) R = 4

Order removed as price shot through stop level (fortunately without opening my order first!)

Price formed a shooting star candle on the daily time-frame
I will be watching for a long 'trigger' signal calendar around the 50% retracement level of yesterdays daily range (1.58 60 - 1.58 80), on the 4H and 1H time-frame

No entry and price has now broken the low of yesterday and invalidated the daily trigger candle (which was a hammer shape, not a shooting star!)

Daily and 4H time-frame trends are down

However the daily chart shows the pair trading with in the 0.80 50 - 0.83 20 range since the start of March, with recent resistance slightly higher @ 0.81 10

I have placed a counter-trend order:
Price is at the bottom of this range and has indicated rejection of lower prices and ascending daily trend line from November & December last year

The 4H chart has printed a shooting star type of candle formation allowing an entry trigger at 0.81 00 with a stop at 0.80 85 (15 pis risk) and a target at recent daily highs and the recent cross of the daily 20ema / 50sma / significant weekly chart Support / Resistance level of 0.82 20 (120 pips reward) R = 8

If my order should be opened, I will look to move my stop to break even if price closes above 0.81 20 (+20) on the 4H time-frame, being yesterdays low

daily trend is short
4H trend is short
(monthly and weekly trends are also short although look over extended)

EUR GBP has just retraced into the 50% / 61.8% fib zone of the last 4H down swing
this also was a level of significant support on the daily and weekly time-frames

I am watching for any rejection of this level, or a little higher (the daily descending 20ema) to enter short...

daily and 4H trends are long
price has retraced 50 / 61.8% of the last 4H up swing and printed a 'hammer' type candle indicating rejection of lower prices at this time
the level 'rejected' has acted as support and resistance on the daily chart a few times this year
price has also retraced and 'rejected' lower prices in the daily ma's of 'dynamic support' "shadow" (between the 20ema & 50sma (red & blue respectively)

Order set to open at 1.58 70 (stop 1.58 20, -50pips risk) and target at recent daily highs of 1.60 00 (130pips reward). R=2 (if opened)

As predicted, but no entry trigger candle printed on 41h or 1H tf so no trade unfortunately