Price is above the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.7077 Stop = 1.7052 Risk = 25 pips Profit target = 1.7177 Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you Have a Great Weekend!!! Allen
We have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR. Entry = 1.7074 Stop = 1.7054 Risk = 20 pips Profit target = 1.7134 Reward = + 60 Pips RRR = 3-1 **Once this trade is up + 25 pips, move your stop to breakeven and let it run I would appreciate if you leave a comment or like...
Hello Traders! After almost 100d of upward move for ATOM market is ready for some range/correction action. Kumo cloud confirm range phase and RSI told us about weakening impulse... Bearish TK cross is possible, so stay focused will kumo support any correction moves (price can also bounce up from kumo), if price will break kumo its gonna be strong bearish sign...
Hello Traders! *Daily* After reaching 6700 zone BTC successfully bounce at near 7500 area... Is it time to start cool off our champagnes? I am not so sure. Price is above Tenkan and it's about to possible break the Kumo but we are not there yet, also this Kumo is rather thick so it tell us about huge net of active resistance zones. Even if we would break thru...
Hello Traders! WAVES after 16D of rally is looking for potential correction move if we look at Tenkan and Kijun lines... Rejection from level 0.0001456 was a first sign, weakening impulse signal at RSI was another. At the moment Kijun should be a solid line of defense/support for the price. If it will handle the down force, price can bounce from Kijun and start...
Hello Traders! Bitcoin Cash become more and more interesting for me... After accumulation phase now he has a chance to get out from range market and attack important targets. Succesful kumo breakout followed with chikou can make a way for some new uptrend, RSI confim that the move is strong. levels to look for: * 0.033031 ** 0.030694 Roger out.
Price is below the Daily, 60 and 15 KS as well as the cloud, Our Four Horseman. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.7021 Stop = 1.7046 Risk = 25 pips Profit target = 1.6946 Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you Allen Since I have had several more traders inquire...
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.2813 Stop = 1.2838 Risk = 25 pips Profit target = 1.2733 (the projected daily low) Reward = 80 Pips RRR = 3.2 - 1 I would appreciate if you leave a comment or like as a thank you Allen
Price is above the Daily, 60 and 15 KS as well as the cloud (the 4 Horseman). This is a Type 1 trade with a High probability and good RRR. 2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position. PB Entry = 1.9384 Stop =1.9364 Risk = 20 pips Profit target = 1.9568 ( The daily projected high ) Reward =...
Price is above the Daily, 60 and 15 KS as well as the cloud. So all 4 horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 2.0319 Stop = 2.0294 Risk = 25 pips Profit target = 2.0399 Reward = 80 Pips RRR = 3.2 - 1 The Strength & weakness analysis shows GBP - 1 and NZD - 4. The other GBP pairs have either moved too far or...
Using the Gold Ichimoku trading strategy, we see that price is above the Daily KS, but below the 60KS and 15KS. So 3 horseman are aligned. This is a Type 1 BO trade with a High probability and good RRR . A better entry candidate was GBPCAD based on strenght and weakness, however AUD was the first pair to break out. BO Entry = 1.9253 Stop = 1.92784 Risk = 25...
MA trades: We have a nice up move in this pair, so we will look to get in on a pullback. This is an MA trade with a High probability and Good RRR. Entry = 1.9254 Stop =1.9234 Risk = 20 pips Profit target = 1.9314 Reward = + 60 Pips RRR = 3-1 * understand that this entry is based on a moving Average, so it will...move. I will update before it is...
NZD strengthened after RBNZ Gov. Orr’s press conference and this pair has now gone into a consolidation between 1.6932 (High) and 1.6890 (Low). Entry = 1.6931 Stop = 1.6951 Risk = 20 pips Profit target = 1.6870 Reward = 61 Pips RRR = 3.-1 Once this trade is up + 20 pips, move your stop to breakeven and let it run. I would appreciate if you leave a comment or...
We've had GBP/JPY drawn out in a longer term consolidation pattern for a while now. Originally we were waiting for a break and retest of the zone to drop, but that the moment we actually broke to the upside. You can see the price structure to the left that I am looking to grab a buy at, as we attempt to make a bullish push upward. This opportunity is...
Price is below the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and decent RRR. BO Entry = 1.7048 Stop = 1.7072 Risk = 25 pips Profit target = 1.6999 ( The daily KS ) Reward = 48 Pips RRR = 2 - 1 I would appreciate if you leave a comment or like as a thank you Have a great week!! Allen
A nice rising wedge pattern is forming on this chart. It would be wise to enter a short on the break of the counter trendline on the weekly chart. The market is largely in a bearish move that can be maintained if enough sellers creep in.
Price is below the Daily, 60 and 15 KS as well as the cloud. The 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.9986 Stop = 2.0011 Risk = 25 pips Profit target = 1.9935 ( The projected low ) Reward = 51 Pips RRR = 2 - 1 I would appreciate if you leave a comment or like as a thank you Have a great...
Price is below the Daily and 60 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position. PB Entry = 2.0129 Stop =2.0154 Risk = 25 pips* Profit target = 1.9963 ( The daily projected low ) Reward = 191 Pips RRR = 7.64-1 BO...