IndirasBimali

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About me 18 years old, started getting into Forex in the beginning of 2016, Still learning
Joined
Markets Allocation
100 % forex
Top Mentioned Symbols
GBPJPY 40% | 2 AUDUSD 20% | 1 EURCHF 20% | 1 USDCAD 20% | 1
IndirasBimali IndirasBimali AUDUSD, 120, Long ,
AUDUSD: AUD/USD 150+ PIPS
41 0 3
AUDUSD, 120 Long
AUD/USD 150+ PIPS

Upwards channel with resistance and support. Should be Bullish movement

IndirasBimali IndirasBimali USDCAD, 240, Short ,
USDCAD: USD/CAD Bearish bat
63 0 4
USDCAD, 240 Short
USD/CAD Bearish bat

I have measured out a valid Bearish bat and it looks like it can potentially drop down to 1.289 soon. The RSI is also very high. The stop loss will be above the X leg. Stop hunting may occur so it is good to place at least a 70 pip stop loss. Lets see how this plays out :D !

IndirasBimali IndirasBimali GBPJPY, 240, Short ,
GBPJPY: GBP/JPY Short
93 1 3
GBPJPY, 240 Short
GBP/JPY Short

This bearish has a B point might that make it invalid, however the candle does close below the .525 ratio so it could also be valid. There is also resistance at 135.7. The stop loss will above the X leg. Risk 100 pips for about 340 pips max for this pattern. Lets see how this plays out.

IndirasBimali IndirasBimali GBPJPY, 120, Long ,
GBPJPY: GBP/JPY traingke wedge breakout
98 1 1
GBPJPY, 120 Long
GBP/JPY traingke wedge breakout

I see a triangle wedge pattern breaking out already, it could come back down for a retest and have a strong bullish momentum. There is also an Bullish Bat within the triangle wedge. The stop loss will be below the X leg and the first TP will be at .382 fibb level.

IndirasBimali IndirasBimali EURCHF, 240, Short ,
EURCHF: EURCHF short 75+ pips
24 0 0
EURCHF, 240 Short
EURCHF short 75+ pips

Practicing my Bearish Bat ratio. X to A will give us a B point of .382 to .50, A to B will give us a C point of .382 to .886, B to C will give us a D of 1.618 to 2.618 but it is slightly over. The final ratio should be from X to A and should give us the D point of .886. I am currently still learning and am definitely not an expert. This is the result I am hoping for.

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