Entry at 1.28711, Stop Loss at 1.28594, Target 1 at 1.28874, Target 2 at 1.28976
Entry at 1.30256, Stop loss at 1.29964, Take Profit 1 at 1.30666, Take profit 2 at 1.30918
The descending triangle pattern is a continuation chart pattern that develops in the middle of a downtrend. However, in some instances this can play as a descending triangle reversal, also known as the bullish descending triangle pattern. Note: The more a support level is tested the weaker it becomes. Additionally, the breakout candle must also produce a close...
Half of the remaining long position will be closed at TP2 (61.8%)
Price had a previous bullish trend Price took a break with a bearish pullback STE Pulse bars showed a dark green color during this pullback STE Pulse bars came to the zwero line which is a decision point for price Price could continue it bearish move Then the STE bars would cross below the zero line and become a bright red color OR Price could bounce off the...
You can see a clear divergence in the price that could represent a bullish impulse, specially considering the strong support/resistance zone that we can see that the market could restest as well. This is a 1:3 approximately trade. Remember you always have to take care of your money. We never have clear how much we can win but we can have clear how much we are...
Entry at 1.30240 Stop Loss at 1.29771 Tp 1 at 1.30898 Tp 2 at 1.31305
Pair has been in a Bullish Trend Dark Green STE Pulse Bars indicate Bearish Pullbacks You can ENTER the trade at the close of the 1st Bright Green STE Pulse Bar following pullback You choose TP & SL
Hi guys, heres a short set up on UJ. As you can see, price is respecting the 111.40-111.50 level. This level has held firm in the past as a previous resistance and it is also matching up with my fibonacci reversal level of 78%. Not only have we got these the 2 confirmations, our trendline is matching up nicely with the prospect of a third bounce, which I believe...
Pair is falling inside the 50 sma & 100 sma range. Short Trade Sell Stop @ 1.7665 Sell Take Profit @ 1.7555 SL above swing high
Step #1: Identify a downtrend and a rounded retracement into that downtrend (The Cup) We’re breaking down the Cup and Handle trading strategy into several steps. The first step is to identify an downtrend and a rounded retracement into that bearish trend. That rounded bottom is the first component of the Cup and Handle pattern. The strength and the longevity of...
Confluence factors: -Bearish trend -Possible 50% and s/r zone retest -Flag correction pattern after impulse -Possible 50 EMA retest RISK MANAGEMENT 1:2
OANDA:SPX500USD So SPX broke through BTL 1 of our Channel with a bigger 1H Bearish Candle. The SMA 100 & SMA 200 are starting to flat out but weren't crossed yet. When that move to the Downside continues, I would wait for a little Pullback on the 1H and then, in Confirmation with maybe the 4H, open a Short Position with the Target 2638.36! I did some Fib and...
Price is in an ascending triangle chart pattern There were 4 failed Bullish breakout attempts of the triangle top Price is falling to triangle bottom trendline 1H Short trade Sell Stop @ 76.20 Sell TP at bottom triangle trendline There will be a decision point at the bottom triangle trendline Long trade Price will rise up to the top triangle trendline Bullish...
Analysis -XAUJPY looking bullish after showing signs of a reversal. Sellers pushed price down into support but the following day, buyers bid up the price to back above support before the second daily candle close. -The 2 candle price action resulted in a bullish engulfing setup AT SUPPORT which is a bullish sign. -The third day (after daily bullish engulfing...