Enter at break of resistance and TP at designated area or when price starts stalling / crosses 13 period ma.
nzdcad broke structure very impulsively without any major pulls, which means the shorts are not ready yet. so i see a continuation to the upside forming. market seems oversold
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The annoying thing about being a swing trader is when the price is in consolidation. A lot of patience is needed to wait for the price to continue its trend. The uptrend hasn't ended yet. Let's be patient and wait for the price to continue the uptrend.
Here as you can see the market got to the descending trendline and got rejected by buyers strong pressure. We are waiting for the continuation at least until the previous high. Very good risk to reward ( 1:4 ). Wait to buy from the dips. CONFIRMATIONS: --> Descending trendline as support --> 88.6% Fibonacci level. --> Indecision candlestick (Doji). -->...
Only Trying To Get A Super Setups with Low Risk large Rewards if It Doesn't reach The Horizontal Line to try clear the Old buys Will Not Jump in the opportunity. Going for a Trend Continuation which my bias is saying Longs. Always Check For Multiple Confluences Before taking Trades. Typical Risk per trade 0.5-1% Trying to aim for 1:2RR going to leave 80% To run...
Breakup and test of neckline begins next upswing
If this MACD crosses up through signal while above zero line within an upwards trend, continuation will take place with minor pullbacks. Look for buy entry and hold. Watch GBP index as well as DXY for significant reversals that may significantly interrupt the trend continuation
Hi Traders! Since the month of November started the bears have been in control on higher timeframes. We've seen EURGBP form lower lows and lower highs on most timeframes but recently the market made a strong push up (from point A - 0.88616 to point B - 0.90044) forming a lower high and continuing in the overall market direction. In the last two days the market...
Nice, clean and simple. We have the break of a very bearish 4 hour structure. on the move to the downside, price failed to reach any relevant fib ext targets. Im looking to the purple zone for scale ins to carry this pair to its final targets 1.74 & 1.72
Here we have an INTRADAY trade with an ABCDE correction pattern for CONTINUATION. ENTRY: (1.5410 - 20 pips) STOP LOSS: (1.5430 - 20 pips) BE: (1.5390 - 20 pips) 1:1 TP1: (1.5370 - 40 pips) 1:2 TP2: (1.5350 - 60 pips) 1:3 CONFIRMATIONS: 1) The market is in general downtrend (trade with the trend ). 2) ABCDE correction pattern for continuation. 3) 1H resistance at...
After yesterday's post, today played right into our hands as the gap at the 1.32700 level finally closed! With the way DXY is tanking recently, expect to see some further bullish pressure tomorrow. These are the set ups I will be looking at taking based on how price reacts in those areas. Look out for signs of reversal. Potential 1:10 Ratio trades.
HEY EVERYONE Here's a look at the DOLLAR / CAD that is currently trading in a bear flag on the 4H chart will be looking forwad to the continuation of this move as it is still premature to trade against that sharp fall, will be looking for a break below of the flag strucutre or a push up then continuation with the bears. a lot will go into executing the trade so...
HEY EVERYONE Here's a reaction to the USDJPY which saw an impulse move with the bulls traded in a symmetrical triangle and broke above structure possibly signalling continuation to the upside, now I was bullish on the pair but saw it pushing down after the bull moves this is an update of the attached trade. As always higher time-frames for direction and whats...
HELLO EVERYONE Here's a look at the DOLLAR / YEN that has been trading in a descending channel structure with some spikes here and there, the pair just broke a significant support level structure looking for a pull back as the pair is over sold on most indicators the 38.2 % Fibonacci is aligning perfectly with structure which is our previous support now...
HEY EVERYONE Here's a look at the EURO / DOLLAR pair heading into a new week the pair is currently trading in a bull frag which it can break in any direction but looking at the momentum push with the bulls looking for continuation of this move as it would be premature to go against the trend seeing no signs of slowing down on the pair so on higher time-frames we...
HELLO EVERYONE A look at GOLD, now gold just had an impulse move with the bears with significant momentum traded in a symmetrical triangle and broke below of structure now it seems we are pushing up to retest this structure which may signal continuation, looking forward to this move to signal the trade and looking for continuation to the down side because...
Minor timeframe continuation , h4 marketflow bullish , price is rejecting from an area of h4 established demand , tp at my drawn area of daily supply , and rejected from the same area from my last labeled ny session 24 hours ago during NY session for me right now Lets see how it goes , happy trading guys :) Please like and comment it pushes me to keep...