CherryLava

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About me I enter late most of the time. 3 years into trading. Just simple setups for this beginner.
Joined
Will people just stop recycling trade ideas? They don't even know the one who started that idea inthe first place just got stopped out 2 hours ago and people are still hoping for that same setup.
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 11% | 3 USDCAD 11% | 3 EURJPY 11% | 3 AUDJPY 11% | 3
CherryLava CherryLava EURJPY, 240, Short ,
EURJPY: Pierced 400 EMA and 200 SMA effortlessly
59 1 0
EURJPY, 240 Short
Pierced 400 EMA and 200 SMA effortlessly

2 potential ab=cd patterns that bounced off their 61.8% fib retracement. PA just oblivious to 400 EMA and 200 SMA, Did bulls just suddenly go extinct? I know initial target 1 p/L ratio is 1:1 but I have a bigger target in mind, we'll see when I shell off half of my position and move SL to break even.

CherryLava CherryLava GBPUSD, 240, Long ,
GBPUSD: Elliot Wave  #3 might form
64 1 2
GBPUSD, 240 Long
Elliot Wave #3 might form

Trying to look for long entries based on ab=cd minimum projection. Also there's a 50% retracement last impulse wave, Im guessing it will also retrace 50% this time as a clone making elliot waves 1 and 2.

CherryLava CherryLava AUDJPY, W, Long ,
AUDJPY: Could it really be this simple?
40 0 1
AUDJPY, W Long
Could it really be this simple?

Retracement to 50% fib then up. The price has been doing this twice already.

CherryLava CherryLava GBPCHF, 240, Short ,
GBPCHF: 50% to 60% Retracement  target
26 3 2
GBPCHF, 240 Short
50% to 60% Retracement target

Can't see any pattern but price seems to get repelled by 1.27 so I'm assuming this is a hard resistance retested already. Hoping for at least a 50% retracement.

CherryLava CherryLava USDCAD, 240, Long ,
USDCAD: Scalping a Scallop
65 1 1
USDCAD, 240 Long
Scalping a Scallop

It might violate the 1.27 projection from BC leg. Most probably hit the 1.6 fib today.

CherryLava CherryLava EURUSD, 240, Short ,
EURUSD: New targets for short position
74 2 2
EURUSD, 240 Short
New targets for short position

Looks like a bullish AB=CD pattern is forming. Limiting my short position and decreasing targets

CherryLava CherryLava GBPNZD, 15, Long ,
GBPNZD: Ascending triangle
34 0 1
GBPNZD, 15 Long
Ascending triangle

Could be a false breakdown on the trendline. Looks like a retest of the support.

CherryLava CherryLava EURCAD, 240, Long ,
EURCAD: bullish gartley + Pennant
34 1 1
EURCAD, 240 Long
bullish gartley + Pennant

Waiting for a breakout. Upward momentum looks strong.

CherryLava CherryLava NZDJPY, 15, Long ,
NZDJPY: Bullish bat
34 1 1
NZDJPY, 15 Long
Bullish bat

If price crosses the red line, going long.

CherryLava CherryLava EURUSD, 240, Short ,
EURUSD: Crab Pattern
60 1 2
EURUSD, 240 Short
Crab Pattern

Looking to complete the final leg D.

CherryLava CherryLava AUDJPY, 240, Long ,
AUDJPY: Resistance reversal
21 0 1
AUDJPY, 240 Long
Resistance reversal

Pinbar anyone? Caution to bears. Just practicing ....I don't trade complicated stuff.

CherryLava CherryLava GBPNZD, 15, Short ,
GBPNZD: Hitting a hard resistance
52 0 1
GBPNZD, 15 Short
Hitting a hard resistance

Caution to bulls. I'm not really trading this one. Just not following the bullish channel.

CherryLava CherryLava AUDUSD, 15, Short ,
AUDUSD: Bearish ABCDE after 5 waves
102 0 2
AUDUSD, 15 Short
Bearish ABCDE after 5 waves

Hoping to pop down and continue the previous trend.

CherryLava CherryLava EURJPY, 240, Long ,
EURJPY: Another Target: Untested Resistance
27 0 1
EURJPY, 240 Long
Another Target: Untested Resistance

Bounce up. S/R lines drawn exhaustively

CherryLava CherryLava USDCAD, D, Long ,
USDCAD: Trying to Reach 4 month resistance level
36 0 1
USDCAD, D Long
Trying to Reach 4 month resistance level

Flat ABCD pattern.

CherryLava CherryLava EURJPY, D, Short ,
EURJPY: Countertrend Scalp
36 1 1
EURJPY, D Short
Countertrend Scalp

Upward momentum slowing down, price might retest a support area.

CherryLava CherryLava USDNZD, 15, Short ,
USDNZD: Quick Scalp using Downward Momentum
19 0 1
USDNZD, 15 Short
Quick Scalp using Downward Momentum

Risk reward looks nice enough.

CherryLava CherryLava USDJPY, 240,
USDJPY: Completing a Bearish Bat
40 0 2
USDJPY, 240
Completing a Bearish Bat

Risky long position because of the bullish momentum, when momentum fades, going short after pattern completion.

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