Round 1: short 240 pips Round 2: long 303 pips Round 3: short 976 pips Total: 1519 pips This is all based from the Monthly chart.
I MAY BE WRONG. PLEASE VIEW WITH AN OPEN MIND.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Conditions - Price stopped decreasing highs ago - Trend line violated - 4H RSI almost reach 30 - 1D RSI growing trend Patterns: A - HCH B - Double bottom Confirmation: - Esperar que falle al cerrar por debajo de .95305 para HCH - Esperar por confirmacion de reversal al menos en 4H
Notice how I have pin point price action. Very strong trend if price crosses blue line of the triangle. Very strong trend reversal my opinion. The price is forming higher highs be aware of that. PIPGOD_
Wait before you make your move to go long. The pair has made a reversal going off the "purple" trendline. You can see that it went from LH to LL then to L, HH.. wait for the Higher Low to form then get in position.
The current price is 95.46 the price will head to 93.06 over the next two weeks 240 Pips easy get in now.
I was very up set that I didn't get my full 50 pips, like I anticipated but at the end of the day I followed my plain. Its ok that I didn't get all my pips because I'm still holding. I'm hoping that I get another entry opportunity .
We have a clean break of structure to the upside . So looking for a mitigation entry towards a ny ob as my POI
Price has respected weekly trend and broken daily trend. Price has come back up to a 4HR resistance and again broken 30min trend. 60+ pips with a R:R 2.22. Expecting further down next week.
The price has fallen to the bottom of strong channel. It’s reached also strong support line and level, so I expect growing. -------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!