There was a very bearish candle on the daily chart, even it bounced up but I think the support is about to break if it dumps again. So we're looking for a chance to short it when it makes rally, good risk/reward. Be patient to wait for a bearish signal.
NZDCAD WAITING FOR SHORT ENTRY ON H4
NZDJPY is still in the support zone. However, the daily chart looks very bearish. Be patient to wait for bearish signal on H4 to get in.
The daily chart looks very bearish. Be patient to wait for a bearish signal on H4 to get in.
Great risk/reward for LONG ETCUSD
First, looking at the daily bearish candle when the price touched 1.344, massive drop. The daily high might be set. Second, the 4-hour trendline has been broken when the price dumped to 1.315. I am gonna pay more attention to this and will get in if seeing any other rally and use the daily high 1.3445 + 10pip as the stop.
Not a perfect H&S pattern but it is worth to spot. We can see on the daily chart it made a huge drop from the high, means that maybe the high was set. Waiting for bearish signal on H4 before getting in
A quick and heavy drop from the daily resistance. Probably the high of daily chart was set. We gonna spot SHORT entry if the price reaches the expected zone and show bearish signal. Just wait and see:)
After two failed attempts to break 0.9250, NZDCAD is going up again. Two H4 bearish may confirm the reversal on D1 and downtrend on H4 would be begun. Need one red candle on H4 before getting in at low timeframe.
Think the high was set. We can scale short entry from here. ***NOTE: In all of my plans, * Be patient to wait for BUY/SELL signals and you should be at your desk to have the good entry at the low timeframe, usually between the current price and the Support (Blue line) or Resistance (Red line). * Place the stop close to the Support or Resistance * Never get in...
LONG BTCUSD, good reward/risk Ratio
We spot our SHORT entry here because we believe the current candle will be RED or the HIGH is already set.
Waiting for short entry on H4
Pinned bar => Short EURGBP on H1 Tight stoploss