USDCHF has climbed for the 6th consecutive days but is seen exhausted as it is about to reach the key supply zone 1.00. The dollar is also seen resisted as it reaches key level 96 and is prone to a retracement anytime. USDCHF has formed a rising wedge and is nearing the end of the formation which will highly cause the price to break down and fall. Additionally,...
When it comes to an ema correction, there will probably have a larger time frame trend and a smaller time frame trend that conflict with each other. Most of the time, we respect larger time frames more so that I always say "an 8/21 ema correction won't change the original trend" . It'll be even better to have signals like inside bars when ema correction...
USDCHF AB=CD completed there's an inside bar at the end of D point if price break below the red dotted line (0.99315) first then good to short SL : 0.99555 TP : Follow arrow
The day before yesterday was an outstanding inside day breakdown! It formed a nice supply zone right there! Already a clear downtrend, 95.70 is both a spot for supply zone and structure pullback. I'll be very willing to take some dollar short. Let's see how it goes!
This inside bar is about to break to the downside. trade to the downside whenever you feel comfortable with the price action on lower timeframe. stopploss above the inside bar 's high or above the high or abve the origin of the last downmove on June 15th 2018... Calculate risk and calculate lot size! have fun!
Hello TV happy new year! BTCUSD had an inside week last week after it almost hit the entry of the bat. While also, it could be taken as a downtrend just finished its 8ema correction. Both of the above reason makes this inside week breakout so important! So the strategy is quite simple: wait for the direction of the breakout and trade in line with the direction...
Here we got a multiple conviction trade! Aussie hit its daily 0.618 spot and broke the inside day to the upside just now, which makes me interested in taking some long trades today! As I missed the inside day breakout, I'll turn to this 4hr pullback long trade! Let's see how it goes!
USOIL inside bar broke up Good to long SL: 50.70 TP: Follow arrow
Today is a interesting day that both AUDUSD and USDJPY broke the inside day @ NFP earlier in Asia session. Despite not having very strong momentum by the time it broke, an intra-day AUDJPY short still interests me! So here we got this 4hr supply zone short trade, kinda a low risk trade with the out @ the inside day high. Let's see how it goes yo!
XAUUSD has an inside month in November. Basically the direction it breaks will pretty much influence how it closes in 2018. While, there are still many intraday trade opportunities! Here we got this inside hour after a significant structure breakout to turn bullish, so here are the plans: 1. take the inside hour breakout long 2. wait for the pullback long off...
Sell in zone #pennent #insidebar #sell #short
Trading Doji candlestick as a stand-alone trigger signal is a bad idea. Price usually whipsaws around doji. Note #1: In technical analysis, the Doji candle is a neutral pattern if it’s used as a stand-alone candlestick. However, if the Doji candle it’s used in conjunction with the preceding price, we can establish a bullish or bearish bias. A whipsaw pattern...
BTCUSD had a inside day after new pivot low, which is a no-brainer short if its able to break to the downside! Aline with the perspective in my last BTCUSD idea, the weekly bullish bat would be around 2800-3000. Even if it's clearly that there aren't so much room for this inside day breakdown, to take on a momentum train is still one of my favorite trade! That...
DJIA is headed lower tracking investors rotation from stocks into 10yr T-bonds. I am seeing the index breaking down towards 22-21k. Oil has already shed considerably and metals are trading lower too which effects Dow Jones Industrial sectors. Technically we breached a weekly Insidebar to the downside and traded back which gives us an opportunity to get back into...
(BGM: Yesterday once more) This pair is a very good vehicle for carry trade, but in terms of carry trade, of course we still need stop loss and appropriate profit taking. "Every trade should have an entry and an out" If carry trade works, we can earn interest at the same time; if it fails, the interests could recover some of the risk. That's totally different...
GBPUSD at fibo 0.618 + inside bar broke up For those who missed the previous bullish gartley this will be your 2nd opportunity to long Don't miss it!
BTCUSD long term support broken Wait for pull back to short or daily inside bar to break down
Inside bar forming on CADJPY - see details on chart