The USD/JPY returns to consolidation and I want to see the price taking buy stop and high quality OB to short.
I want to see the price violates BSL to take buy stop within FVG on hourly USD/JPY and how it will react. Will it form the highest probability of the OB that will take SSL?
In this chart we have spotted ABCD pattern with the help of fib retracement as it break Point D we also engage a SELL STOP order as well.
AGLDUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. Currently instrument is facing strong resistance and seems like it is getting ready for massive breakout. if the breakout happens, one can trade it with buy stop at level 1.42. If the instrument sustain the breakout then next target could be 1.700 What you guys think...
OANDA:GBPUSD GBPUSD Fractals Algorithm Signal Free
Buy stop CADCHF Entry point :- 0.64756 Stop lose :- 0.64514 Risk :- 0.5% Target 1 :- 0.6500 Target 2 :- 0.6524 Target 3 :- 0.6548
The price of USDCHF show bullish momentum 1) it broke down trend line , indicate reversal in momentum 2) the price broke resistance level and create bullish structure by making higher high and higher low 3) currently, price respect to the trend line. it bounces at the line to make higher high, so the trend is countinue. so here is my trading plan Using buy...
System has identified a “B&R” playbook setup and a potential “momentum” shift buy stop entry during the first hour of the LONDON 12-Candle Window. RISK: 1R TARGET: 2R ***DISCLAIMER*** This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and...
NZDCAD is trading in downward direction but currently the pair has created strong demand zone around 0.8160 region and reacted well from this region. Currently the pair is facing mild resistance in 0.8190 region . if it break through 0.8190 it will a nice buy setup.
ORNUSDT is trading in a range bound area, but has given a signal for range to break with bullish divergence. if it breakthrough 0.6940 region, it will be a nice buying opportunity.
MDXUSDT was trading in range from last few days, finally today it broke through the range and currently again got range bound. If it gives healthy closing out of the range at 0.655 region, it will be a nice buy setup.
RENUUSDT broke through consolidation with strong bullish impulse. Currently the instrument is facing resistance from 0.0893 region. If the price close above 0.0893, it will be the nice ride to upside with minimum gain of 13%.
Double bottom formed, seems reversal. Buy stop order is placed at 1:1 risk reward 92% sentiments Overall bearish trend but reversal is expected.
CADJPY was in Bearish run. It seems that It will go Bullish if the trend breaks at 99.835. Analysis A Divergence can be seen on RSI indicator. Also a double bottom reversal pattern indicates a possible reversal. To make sure, trend needs to break the previous LH and then it will rally towards estimated TPs. Entry can be taken on below mentioned...
BUY STOP ORDER Entry point :- 7.45144 Stop lose :- 7.44935 Target 1 :- 7.45353 Target 2 :- 7.45562 Risk 2% 210USD Capital :- 10500USD SELL STOP ORDER Entry point :- 7.44573 Stop lose :- 7.44738 Target 1 :- 7.44408 Target 2 :- 7.44243 Risk 2% 210USD Capital :- 10500USD
Literally the same exact setup (break and retest) we just posted for AU but this time they are swinging pairs the other way (probably, who knows) It makes sense tho since last setup hit TP and reversed. Would rather wait for a candle close above previous candle but I like the USD momentum I see across the board.
Provided that price jumps thru our buy stop we can take this setup as our simple 'Break & Retest' paired with our depletion/momentum entry signal and go for at least 1:2. Higher level buys seem to be stuck around 132.6 so we can use this as a guide for initial profits. Lets see if it plays out