ICARUS_TRADING

ICARUS_TRADING Pro+

- Here we can see a short term recovery from the lows back to the 200 day MA - We can see two bullish pin bars and an inside bar formation as price battles the resistance at the 200 day MA - Should the price breakout from the formation and break above the 200 day MA we will enter a long position - If price beats and then finds support above the 140 level...

ICARUS_TRADING Pro+

- This stock has recovered from the lows and now presents us with a multiple inside bar formation that also includes a Bullish pin bar - Our bias is Bullish and should the formation break to the upside we will enter a long trade with an initial target around the 1725 area or close to the 200 Day MA - Longer term target would be the previous event area at the 1900...

ICARUS_TRADING Pro+

- We took this trade from the break of the 200 day MA and closed half at the $4 event area for a 1:2 risk reward - Despite a few red days for most stocks last week AR held its ground well and found support above the $4 price level - Last week an inside bar was formed and this was broken on Friday by a huge Bullish engulfing candle - This supports our Bullish...

ICARUS_TRADING Pro+

- This pair has been in a long term downtrend - With the Euros short term uptrend against other Pairs the Norwegian Krona kept the Euro under control and gave up minimal territory to the Euro - This trade was on our watchlist after we saw Lower highs and a Bearish pin bar/inside bar combo - We entered this short trade following the break of the candlestick...

ICARUS_TRADING Pro+ Updated 

- The pound looks to be losing momentum after its strong rise across all pairs a week or two ago. - Price has respected the trendline (White line) again and has now formed a bullish pin bar (Green arrow) - We are looking for the price to visit the highs of the range again where we will take profit.

ICARUS_TRADING Pro+

- This stock has broken through and closed above the 200 day MA resistance - We also see that price has beaten the previous high and found support on the 140 level - The candlestick formation also supports our Bullish bias we can see a Bullish pin bar/inside bar combo just above the 200 MA - We have taken a small entry this morning and will add more to the trade...

ICARUS_TRADING Pro+ Updated 

- We can see two bullish pin bars (Green arrows) - Followed by a multiple inside bar formation - Initial entry triggered today on the breakout - We plan to add to the trade if the 200 day EMA is breached

ICARUS_TRADING Pro+

- CHF is strong at the moment and the JPY is weakening across most pairs - We expect the trend to continue in favour of the Swiss franc (CHF) - We can see a break of an inside bar formation last week (White lines) as well as a bullish pin bar (Green arrow). - We are targeting the historical resistance at 118.000 for our take profit - This will yield at least a...

ICARUS_TRADING Pro+

- We can see a large bullish pin bar last week that began a short term reversal - This pin bar also burst through the Bollinger band and looks to have been Bearish exhaustion - We then saw price make a new higher high and reach the previous event area of 1.84 and then pulled back to find support at the 1.82 level - A new bullish pin bar was formed at this level...

ICARUS_TRADING Pro+

- This stock made its way onto our watchlist with the first bullish pin bar just below the 200 day EMA (First green arrow) - We then drew up the trade plan with a bullish bias when the multiple inside bar pattern began to form with a stop loss below the formation and an initial target of $12 (previous event area) - The trigger for entry was a break of the mother...

ICARUS_TRADING Pro+ Updated 

- This stock is on our watchlist but no entry yet! - We can see two good upward waves where the bulls are pushing the stock higher (Blue arrows) - We can see a total of 6 bullish pin bars (green arrows) where the Bulls are trying to push the price over the 200 day moving average - We also see an inside bar formation (Two white lines) - The only blocker is the...

ICARUS_TRADING Pro+ Updated 

- Perfect bullish pin bar printed last week in what has been a long and obvious uptrend - Positive earning report last week - Close to its all time high at $151 - Can the Bull run continue? We think so!