Reversal Trade off Weekly Resistance levels. Entry on Either H4 or H1 timeframe on the pin bars.
Trading the Retracement back to Daily Channel Entry R/R 1:1.6 on H4 ( Conservative Swing Trade Management) Disclaimer:- Reversal trades have a higher probability of hitting stop losses. Fundamentally long the NZD, due to it's decent economic statistics and recent hikes of interest rates to curb the higher inflation expectation.
Weekly TF - Resistance Area Daily TF - 200 EMA With this Confluence, taking a H4 Entry off the Engulfing Bearish Price Action. Fundamental Bias of a Recovering AUD and an overbought GBP
Daily TF - Unconfirmed H&S pattern, 2 High Test Bar rejecting off a resistance level. H4 - Break and retest of Support turned Resistance level H1 - Entry on the Bearish Break & Retest candle, with first profit target at previous low.
Short Entry off Resistance level on H1 TimeFrame. TP1 1:1 at DS level TP2 at next support level or Trend Line. Multi Time frame Analysis off Horizontal levels on Daily and H4 Time Frame
Waiting for the Break of the Trendline to short to the TP1 at DS level on the H1 andTP2 target on the H4 Timeframe at WS level
Waiting for a retest of the 1.18 level for bullish price action to go long to the top of the channel.
Taking a Short trade towards the previous low, TP at DS level, LL and LH cycling downwards on H1 timeframe. Rejection of Resistance level at 1.3250 R/R 1: 2
First Higher Low on Hourly Chart. 3 Part Trade with TP1 and TP2 and previous highs. Looking for 1: 2 R/R ratio
My first video! GBPNZD Short Idea Daily TimeFrame Fib Retracement, scaling into the Hourly TimeFrame to look for the Break and Retest of a Level. Quick peek at the Price Action on the H4 for confirmation. Bias of Bullish NZD against a Neutral/Bearish Pound.
Sticking to my previous Bias of AUDCAD short, due to the strength in CAD. Scaling into the Hourly TimeFrame, Waiting patiently for a break and re-test of the support level (derived from a weekly chart) Looking to get at least 1: 2 or 1: 3 R/R ratio on this move.
AUDCAD consolidation on the Daily TF, Looking to scale into H1 TF for entries at the break and retest of support level. Aiming to ride it down to the Horizontal Level Bias CAD strength on the back of OIL.