Big rally to shake out early reversal sellers! lets see if we are due for a short term pullback
Have identified break and retest setup occurring in gold at the moment that DXY seems to want to rebound. All requirements met for Reversal and B&R playbook setups. Lets find out what happens
Dollar has brought in big buying volume and the whole market feels it! Lets see if its possible to capitalize on a B&R setup using momentum as our entry signal
Beautiful B&R setup occurring as we speak in gold and we are entering on an inside bar break down. Lets see what happens
USDCHF has clearly broken a short term downtrend line, and retested a broken structure with a nice reaction. Lets see if we can go for 2R
Beautiful breakdown of range and going for a quick 2R. Lets see what happens!
Break out break back in with momentum shift. Failure to make new high and broken trend line. Lets see if it plays out
Asia has given us a reversal setup right out the play book! All criteria met = higher probabilities :) Going for at least 2R
Second and last trade activated in this London session was a reversal setup and entry with all playbook criteria met. Lets see how it goes its moving fast
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
EurCad has completed our reversal setup criteria and we should be able to capitalize on at least double the risk. Its in a fib ext zone and has also completed our beloved ABCD pattern so.. Lets see
GC is setting up for a great potential move and has even met requirements for a couple different playbook setups. Lets see if GBP strength continues tonight
With a market cap of 256,000 and only 1% in circulation I would say this is too much of a gamble but the studio has some experienced creators and plays into the current Asian narrative hence the recent pump. As you can see it's way above it's 200 day SMA and the token unlock schedule is crazy but could still have huge potential regardless.
Originally had taken this entry earlier as I was leaving work on a range breakout setup that also met my reversal setup criteria. It retraced now to the entry and a bit of drawdown but I figured I could take this opportunity to journal my trade for future review purpose.
UJ has made our Libra / Head & Shoulders pattern and rejected from base of right shoulder multiple times. Lets see if JPY is ready to show some weakness yet
GJ has painted a beautiful long setup on both the 4H and the 15m timeframe. Currently used inside bar breakout and break and retest setup to enter. Lets see how it plays out
NJ has presented a nice break and retest trade in line with JPY weakness and potential NZD strength. Lets see if it can at least play out for 1:2 RR
Asia has had some movement already and a nice shakedown especially against AUDUSD. However, most pairs against USD are still in technical uptrends and with a fresh session we look to enter an identified break and retest setup using rejection candles in NU. Lets see how it plays out