Bullish Breakout trade on the 4 Hr chart triggered. Looking to reach the next MTF levels 72.370 and 73.08 to take profits. As always, use the green dots as a trailing stop and look for overextension signals from the indicator If you find this useful, please like and subscribe to get notified of updates and new ideas! If you want to tryout the indicators and...
Long Breakout Setup on the 4Hr chart. MTF support holding which gives a breakout a high probability of triggering. Targeting 20.269 to take profit, but as always trail the stop loss with the green dots as the trade develops and watch for overextension signals If you find this useful, please like and subscribe to get notified of updates and new ideas! If you...
Long Breakout Setup on the 4Hr chart. MTF support formed on the last leg up, which is a good sign. If the trade is triggered, I’m looking for it to reach 112.725, as always, trail the stop with the green dots and watch for the indicator overextension signals If you find this useful, please like and subscribe to get notified of updates and new ideas! If you want...
Price has been consolidating, failing to breakout either way. After the last bearish setup failed to follow through, I’m looking for a bullish entry. Target is the first MTF level at 112.01, as always: trail the stop with the green dots and watch for the indicators overextension signals If you find this useful, please like and subscribe to get notified of updates...
Bullish breakout setup on the Daily chart for Copper.Price has been consolidating and failed to follow through on the last bearish setup, so the likelihood of it going bullish is larger. MTF support (Red cross) was formed on the most recent leg upwards, which is also a good sign, and we’re currently at MTF resistance. If this breaks look to enter long at the...
Here we have a Bat pattern forming at a structure level. According to my analysis, the NZD is a stronger currency at the moment. Therefore,I will take conservative targets at the .386 retracement of D to A.
the Monthly and Daily are bearish and this pair has been banging up against the 125.23 level all week IMHO, this is ready to explode to the downside. The Cloud is thin and price has established below the 60 Kejun Sen Entry = 125.23 Stop = 125.43 Risk = 20 pips Profit target = 122.80 (the Daily Kejun Sen) Reward = +243 pips RRR = 12 -1
Price still bullish, looking to buy at 82.434 zone or 82.000 zone. Take profit at 83.000 FLYzone = multiple time framed analysis + trade at the edge
Happy New Year 2019 Trading View Community! My first post for this year and like to share this great setup I found on Gold. Gold had a good bull run since Nov 2018 and finally reached an area where I am interested to look for selling opportunity. On the Weekly time frame, we can see price action doing a consolidation between about 1050-1400 which tells me that...
Bat Pattern completed. To take a short position after this hourly candle closes as a reversal candle. Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
Found this short opportunity in the middle of the Daily Trend Channel, not looking to set target all the way to the trend lines. Healthy Risk-Reward of about 2.5x for target level, going for a single target trade. For Set & Forget traders, Entry: 1.8243 SL: 1.8336 (-93pips) TP: 1.8013 (+230pips) For conservative traders, look for confirmation candles before...
Even though GBP has been dominating for over a week now, it is, imho,over extended and ripe for a pullback. The Monthly and Daily are still, despite it's recent strength, still bearish Resistance has formed at 143.55 and has been rejected once (double top) The Resistance level is in close proximity to the Daily Senkou A, which is a very strong Resistance...
The Monthly and Daily and 60 are in an uptrend. Need a pullback to the 60 Senkou B (or Daily Senkou B before 3 am confluence) Entry = 1.5860 Stop = 1.5840 Risk = 20 pips 1st PT = 1.5917 Reward = 57 pips RRR = 2.85 - 1 2nd PT = 1.6219 (the Daily Kejun Sen) Reward = 359 pips RRR = 18 - 1 * At the 1st PT you can either take a portion of your position off and move...
The Monthly and Daily time frames are Bearish. This pair has trading in a tight range since January 17 Would like to see the Kejun Sen flatten or better yet step down and that will happen if the pair respects the Resistance level. The Optimal time to start look for this trade to trigger would be after 1am as the Cloud will have thinned out making it easier to...
This pair is bearish on both the Monthly and Daily time frames. price is currently compressing below the Daily Senkou A (bottom of the Cloud) this is a very strong resistance level and great place for a small stop loss entry with a profit target of .7066 which is the Daily 1.27 fib extension. first we need the pair to compress slightly below the Senkou A for at...
Monthly and Daily Direction is bearish. I anticipate the market will reverse down into the cloud bounce up off the Senkou B (bottom of the cloud) then stall between the Senkou A (top of the cloud) and the resistance level at 1.58600 For the cloud breakout we will need the following; 1. A cloud penetration; 2. A TK cross 3. The Chikou below price 4. A Kumo...
The Monthly and Daily remain bullish Have a text book cloud breakout The only thing I don't like is the time as it is 4 pm est and I prefer not to take trades this late in the US Session, so I will wait for the Asian Session which may provide for a pullback opportunity and/or a smaller stop Entry = 77.95 above the Daily Tenken Sen (Red line) Stop = 77.31 Risk =...
Already beaten up FFHL makes oriented polyester film for food packaging and metalized packaging for boxboard markets. Watch near $2 for movement using 2 time frames. Recent volumes shows some heavy buying.