Do what U feel is right )) use a stop loss mayB? IDK
1-hr chart EMA Strategy: GBPNZD Long Trade Entered @ 12:00 AM Monday 24/12/2018 Checklist for Long: 1. Retest @ EMA (25, close) - 2. EMA (25, close) holds as support - 3. Last Candlestick longer than the previous - 4. Reversal Candlestick Pattern 5. Long Lower Shadow, Short Upper Body Risk - Christmas Eve, so charts might behave funky
1-hr chart Retest Strategy: GBPNZD Short Trade Entered @ 7:00 AM Friday 21/12/2018 Checklist for Short 1. Retest at resistance - 2. Resistance holds - 3. Reversal Candlestick Pattern - 4. Long Upper Shadow, Short lower Body 5. Bullish Doji
1-hr chart EMA Strategy: GBPJPY Short Trade Entered @ 9:00 AM Friday 21/12/2018 Checklist for Short: 1. Retest @ EMA (25, close) - 2. EMA (25, close) holds as resistance- 3. Reversal Candlestick Pattern - 4. Long Upper Shadow, Short Lower Body 5. Price broke through support from consolidation zone -
1-hr chart EMA Strategy: EURUSD Short Trade Entered @ 11:00 AM Wednesday 19/12/2018 Checklist for Short: 1. Retest @ EMA (25, close) - 2. EMA (25, close) holds as resistance - 3. Reversal Candlestick Pattern 4. Long Upper Shadow, Short Lower Body Risk - Price needs to break EMA (25, close) on 4 hr chart and close beyond previous support level
Just Bcuz I'm doin' it doesn't make it right ))
In this market, I have seen the market do into this downward channel and with that came lower lows and lower highs. I've added the entry point, stop loss and take profit. The lower lows and lower highs can be seen more clear in the 1hr timeframe and smaller.
I have spotted another bullish flag pattern on the cad/jpy market as well. Please make sure to check this timeframe and check on the 1hr timeframe as well for entries because I found out that I'd already missed the entry from when this was posted. Thanks guys
wait for a bullish price action confirmation.
We wait for a candlestick close above the blue level and then we can enter.
I think the usdjpy is going to continue its an uptrend move after it broke the down channel "correction".
Long Retest Strategy: GBPNZD (Not EMA) Checklist for Long 1. Retest at support - 2. Support holds - 3. Reversal Candlestick Pattern - 4. Long lower Shadow, Short upper Body - 5. Bullish Doji - 100 pip TP based on 4-hr chart Could set TP to 50 pips for shorter timeframe (1-hr chart)
The EURJPY is set for further downside as the pair breaks hourly support turned resistance - The short bias will be confirmed once the hourly fade channel is broken and closed over - The downside is expected to reach the 128.100 level, while our invalidation zone is at 129.065
PAIR CURRENCY: CADCHF DIRECTION: DOWNTREND We have predicted a downtrend for CADCHF touching the resistance level at 0.7555. It comes following our technical analysis using bollinger bands and moving averages Like, Comment and Follow for more ideas coming!