After we now have finished an equal lenght upmove pair we are right in the zone that looks interesting when you look left (i dont like to call that resistance or anything like that...).
We are at a decending trendline as well.
Look for the orgin of the downmove to determine where your stopploss must go.
Dont trade more than 1% risk.
Learn how to calculate lot ...
Recently had a 4 touch S/R flip. The Daily MS is bullish along with the current hourly. Setting limit orders to enter on a pullback on the top of the previous resistance. I have set take profit at first area of resistance, which will "pay" for half my stop. The next take profit is at the next Daily resistance.
Hey, too lazy to take screenshots of my trades and keep track of them on my PC :)
I think I am going to post some of these here, at least when I focus on bigger moves that take more than a couple of hours.
Now I cannot be dishonest trading view will always remember :o
There is something wrong in the matrix, I sense great trouble in the force. Stock markets are ...
There was a false break out to the upside, that was silenced by USD strength.
Currently this pair is now trading beneath both trendlines, which i have removed from this chart to prevent over crowding. The 4hr bullish trendline is still showing, with the pair now trading below it.
The pairs is printing lower highs, and the sellers are in control.
Given the ...
The Kiwi Dollar has been pushing the Yen higher.
My previous short bias was stopped out, as the market ran straight through the bearish resistance line.
We now have a clean break to the upside, with several key levels the market will be hunting out.
There isn't a huge amount of protection to use as a stop loss guard, so this is a higher risk trade.
If we break ...
NZDUSD has taken advantage of the weak US Dollar and has pushed through its bearish resistance trendline.
This is the first break since early August, so this represents a big shift in sentiment.
There are several key zones can use as the take profit targets.
Currently a buy on all xxxusd pairs but this one is right at a strong support level
The KIWI has been respecting the .286 fb levels for the past couple of days and i expect it to do the same again now. GOTTA GO LONG