1. Price break down trendline. 2. 3 inside up CS pattern at 15min TF. 3. 5min TF breaks market structure when price break the nearest resistance. Strategy : 1. Wait for pullback and rejection CS @ 15min TF. 2. Potential buy zone at confluence area of uptrend and downtrend line. 3. another potential zone is when the price rejects EMA14 at 15min TF.
1. Price rejection near the resistance + Gann level after upward movement 2. Trade bit risky because the price is able to break EMA14+EMA50. 3. Set sell limit order at the open of bearish rejection CS. 4. Stop loss order is 1 x ATR from 5min TF = 16tick from highest rejection CS. 5. Target profit is at the nearest support or when 15min have bullish reversal CS....
1. Short-term trade only. 2. 15min have 2 Doji indicate indecisive condition. 3. Entry chance if price close on either side of the inside bar.
FCPO is dynamic.. 1. Yesterday's price have a strong bearish movement in the morning session followed by rejection in 15min TF and formed a tweezer bottom at 5min TF. 2. Bullish does not have momentum after 15min TF has a bearish engulfing pattern. 3. Price rejected EMA14 multiple times with a bearish engulfing pattern indicate strong sellers. 4. Today morning...
1. 15min TF have doji CS indicate indecisive condition. The next candle after Doji usually determines the next trend. 2. 5min TF have form tweezer bottom. Testing same level 4367. 3. Both TF have oversold stochastic. Higher probability for an uptrend. 4. Bullish trend will be strong if there is bullish engulf for 5min TF.
1. Yesterday's price was able to break the significant resistance. 2. Price in the previous range zone from 4413~4560 (134 tick range) Strategy : 1. Wait for price pullback at the potential support area. 2. Look for bullish reversal CS pattern at 15min TF. 3. Entry confirmation at 5min TF when there is morning star/hammer/Bullish engulfing pattern. 4. Limit order...
1. Price reject previous support 2. 15min TF form 3 inside up howtotradeblog.com 3. Wait for a pullback for entry.
1. Price reaches the resistance zone. 2. 15min reversal CS. 3. 5min formed evening star CS. 4. Price hit upper trendline.
1. Yesterday price breakout high of 6 Sept 2. Yesterday Rejection CS at 15min TF. 3. Yesterday 5min have a Morning star candle pattern. 4. Today 15min CS has rejection with bullish CS. 5. 5min TF have bullish engulfing with a hammer. 6. 15min TF reject EMA14 7. 5min TF reject EMA50 Repeat the same strategy all over again.
1. Price in the range for uptrend movement. 2. Triangle pattern breakout. 3. Rejection EMA14 @ 15min TF. 4. Morning star CS pattern @ 5min TF.
1. Yesterday's price formed a triangle pattern and breakout. 2. Price did breakout trendline and retest supply zone. Strategy : 1. Expected price will retest the trendline before continuing uptrend. 2. Wait for bullish engulfing CS at 5min TF with bullish CS for 15min TF.
1. 1H timeframe price trade in the upwards channel. 2. Stoch oversold.
Market is likely to open as GAP up tomorrow morning before heading downwards. Good Luck
1. yesterday's price breakout the resistance. 2. Today price retests the support again. 3. 5min have formed INSIDE BAR near yesterday resistance. 4. EMA uptrend How to trade? 1. Buy at the low inside bar 2. Wait for a breakout for either side for entry.
1. Morning session price to breakout nearest resistance but failed with the 2nd CS close back inside the range. 2. 5min have reversal CS during the reversal CS. 3. Gann level 4324 consider a strong level as the price at 15min was rejected twice. 4. Notice at 15min chart the inverse Head & Shoulder pattern. 5. 15min price reject EMA14 for an uptrend. Strategy : 1....
1. Yesterday's price breakout the resistance and inside the range. 2. Currently trading in the range until clear breakout to either side. 3. EMA50 @ 15min is flat indicate ranging market. I'm biased towards bullish because at 15min chart, EMA14 is above EMA50
1. False breakout when price opens below previous day support and immediately close back inside the range without rejection. 2. Entry when price close inside the zone. 3. Or entry during pullback rejection. 4. Usually fake breakouts produce large movements. the daily range for FCPO almost 100~130 ticks.
1. Yesterday's price was able to break previous support. 2. Currently price will trade in the range. Testing previous SbR. 3. Rising wedge pattern indicates bearish continuation.