This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
🟡GBPMXN🟡 15 Minute Confirmation Market Execution Sell EP: 20.7019 SL: 21.7972 (953 Pips) TP: 21.5022 (1997 Pips) Risk To Reward Ratio: 2.10
Selling only after the break under the HMA and the retest of the HMA **This is just my trading thought process and does not constitute as financial advice. **Please trade with proper risk management**
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
gbpmxn both side move possible selling below the 20.8971 stoploss 21.2327 target 19.9504 buying above the 21.2327 stoploss 20.8971 target 22.0450
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
The 5 EMA has Broken above the 13 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over sold Fib Retracement confirms a target to the Long side Take Profit is Derived from Pivots
Potential Long Entry Dow Theory In Place - Higher low Higher high formed. Candle Sticks Pattern - Bullish Engulfing candle at the bottom Bearish Trend Broken. Price Getting reversal from Resistance Levels (Watch out your levels) Risk to Reward TP 1 - 1-1 TP 2 - 1-1.5 TP 3 - 1-2
The 13 EMA has Broken above the 5 EMA on the 4 Hour Time Frame The Fast MA on the Trade Development Index has already broken the 20 implying that the currency pair was over bought Fib Retracement confirms a target to the Short side Take Profit is Derived from Pivots
A proper candlestick structure is shown on the bottom of this pair which signals an uptrend is about to take action
Enter: 27.3948 Exit: 27.9201 SL: 27.2469 Reason: 1. Coming to Strong Demand Zone
- Up trend almost finish (wait for the confirmation on breakout) - New trend (downtrend) - Fibo 61.8 entry - Important support on low points - Descendent triangle
Hi Guys, As usual, i'm posting my trade setups as i seem them occurring. I'm not in love with this current setup, but i think it has potential, so let's see how it all pans out. Onto the TA: We've currently at support at S1. As you can see it's been used historically as support via the green circle. The Top Level Resistance is above, labelled R1, and if you...