High
AUDUSD SHORT @ MARKET: BEARISH BAT WITHIN TREND!Nice pattern with fib confluence on this pair. Retracing into previous support now should becoming resistance.
This Pattern could be the reason to enter a valid trend continuation short. FOLLOW YOUR PLAN!
Best luck in the markets, Felix.
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pennies to thousands high yield reit candidate above cloudstop loss at cloud-price volume trend good relative strength good-cci and percent r upper range-watch for 200 day above-always have stop losses in high yield candidate diversify between picks and industry
Trend Continuation via bullish bat pattern. 2:1 Risk/RewardHey Traders,
Outlined the process each trade should involve. Simple IF... Then process.
IF the market reaches my level of interest without violating the A point of the pattern Then i will buy.
Please thumbs up if you like this kind of analysis. Thanks!
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It doesn't look that fun to close below the purple line (DVY)High Yield Equity (DVY) broke below the since-2009 purple line today.
NZDUSD: Resistance Turned Support? (H4)Hi There,
It has been a while since I have posted anything to Trading View, apologies!
I spotted this setup over the weekend and it seems to be playing out how I would expect. The new highs printed last week at 0.6850 indicate that this pair may move higher, or at lest retest last weeks high price of 0.6860.
The red and green boxes show where I would be looking to enter and exit the market. The previous range resistance area at 0.6720-45 is where I am looking to enter long. The risk/reward is a decent 2:1.
Good trading,
Luke
TRADE OF THE DAY 23-02-2016 ($-2.29)I ENTERED BULLISH ON THE CAD TODAY AFTER THE PRICE CREATED IMPORTANT SUPPORT AROUND THE 1.3710 LEVEL, AFTER THE PRICE MOVED TO THE 1.3734 LEVEL AND DECIDED TO MAKE A NEW HIGH I DECIDED TO ENTER LONG, WITH THE PRICE MAKING A NEW HIGH AT 1.3755 I MOVED MY STOPS TO B.E. , BUT THE PRICE CAME BACK AND REACHED MY STOP LOSS FOR A SCRATCH AFTER COMING BACK TO THE UPSIDES.
PROFIT/LOSS FOR THE DAY: ($-2.29)
GOD BLESS YOU ALL
Single higher high means nothing still short in playLike many times I see before single high means nothing so while there is no 2 higher highs 2 higher lows trend still down. There is possibility that we have deeper correction higher (ABC) in this situation 81-80 area can be good spot to look for long on trend line retest but for now just waiting good short signal from here or another important level at 84 with target 81.500 at least






















