Charts observed: Daily ,4hr, 1hr, 15m
Finding Trend:
Step 1: Below 20 MA . Line must have a downward slope
Step 2: Previous Renko bar must be red/down .
Step 3: Previous Heiken Ashi Candle must be red/down
Finding Entry:
Macd Cross Down
CCI Overbought.
Finding Trend:
Step 1: Below 20 MA . Line must have a downward slope
Step 2: Previous Renko bar must be red/down .
Step 3: Previous Heiken Ashi Candle must be red/down
Finding Entry:
Macd Cross Down
CCI Overbought.
Comment:
Any oscillator can be used to find OB/OS conditions. I prefer CCI or as shown on chart the Stochastic
Comment:
All is aligned. We are currently waiting on the 1 hr chart to give us confirmation . If there is a pullback we should see price reaching 1.1320 but limited to 1.1360
Comment:
TP1 1.1225
TP2 1.1130
TP2 1.1130
Comment:
1 hr chart is now showing red heiken ashi candles and 15m chart is now below 20MA. We are in at 1.1310 SL 1.1360
Trade active
Comment:
Coming along perfectly as planned
Comment:
TP 1 hit.
Trade closed: target reached:
TP 2 hit