MisterTrader

MisterTrader

Upward trend line and RSI divergence on a major pivot level acting as strong resistance to the price makes an interesting area for a SHORT. Price can still find some momentum by reaching SMA200 level and test again 93.893. I'm waiting to see what price will react this week on this level before get into...

MisterTrader

UPDATE of my approach with a wider Stop Loss set on downtrend tunnel low. First take profit is set corresponding to 1.5000 big round number this time. This approach is less risky than my previous one but the R:R is also less rewarding. ENTRY: 1.482 Stop Loss: 1.47228 TP1: 1.4999 TP2: 1.52997 Last approach : Hope it will help ! Cheers

MisterTrader

LAST APPROACH, using downward tunnel for stop loss, and Take profit at 1.5000 BRN. UPDATE ENTRY of my previous trade : ENTRY: 1.482 Stop Loss : 1.47625 TP1: 1.51499 TP2: 1.54454 TP3: 1.56718 Please share your opinion with the community ! Cheers

MisterTrader

After a 6 month drop, price goes out of the downtrend tunnel to create a short term bullish trend. Price arrives on a confluence level : divergence, round number and fibonacci 0,236 acting as bull blocker. Price is now breaking the lower level of bullish short term tunne l, this is our SHORT opportunity. I'm expecting a drop to the previous low...

MisterTrader

After my SHORT position a month ago : has been confirmed by the market (Take Profit activated), it's time to look of the opposite direction, price is creating a bullish engulfing pattern that can become the second low of a double bottom in formation. Divergence on RSI shows also a signal for a LONG at this level. I'm LONG if monday daily candle close over...

MisterTrader

xxx

MisterTrader

Upward trend line and RSI divergence on a major pivot level acting as strong resistance to the price. Previous rejection on 2014-10-16 pin bar will act as first trouble area for our SHORT scenario. Waiting for reversal price action to trigger a SHORT position. Please share your feedback ! It's by sharing we gonna because better traders! Cheers

MisterTrader

Trend line and support makes a confluence area. Pinbar shows good signs of reversal, but upward pinbar for the 23th doesn't give us enough space for a SHORT. Please share your feedback, it's by sharing that we're going to be better traders ! Cheers, MisterTrader

MisterTrader

This analyze is linked to my previous trading idea : Price is meeting a major resistance at 90.000, combined with 0,618 Fibonacci level Price already failed to cross this level once. A close above 90.000 would be a LONG continuation signal.

MisterTrader

Multiple confluences showing possible drop of pound against U.S dollar : - Price currently on Resistance that match with Round Number 1.55 and Last swing Fibonacci 0.236 - Bear Pennant in a down trend, waiting to be broken Waiting for reversal PA to trigger a SHORT Currency Strenght Cross-analyze : GBP meets resistances on most of the other pairs, it confirms my...

MisterTrader

Maybe a bit late for the SHORT rallye. Waiting for a pull back on downward trend line for a better entry point after meeting the FTA at 0,7443.

MisterTrader

Waiting for reversal pattern on this level. Stay tune. Cheers,

MisterTrader

Long on second bottom to catch my scenario of a LONG rallye. Double bottom in progress + pinbar showing rejection Gave a bit of a room for stop loss because of small pinbar tail Entry on pullback over previous pinbar top Divergence on RSI Currency Strenght Cross-Analyse : NZD seems to meet a lot of resistence on several pairs : CAD, JPY, USD. AUD is neutral on...

MisterTrader

Divergence + BRN + waiting for reversal PA to get some mumentum and confirm upcoming down trend for a SHORT. Keep eye on FTA on previous swing high and target on major support at 1,866 Currencies strenght cross-analyze : AUDNZD double bottom forming shows strengh from AUD confirming our scenario on this one Cheers

MisterTrader

AUDNZD double bottom in progress for a potential LONG position on price action on the next few days, looking for more momentum to confirm up trend. Heading to upward trend line acting as first resistence to our scenario, it's our 1st take profit. Cheers,

MisterTrader

Bounce on Daily SMA200 + Divergence on Monthly ============================================= Trading rules are : 1. Trades are taken in 1, 2 or 3 units depending the situation. 2. If 90 percent of first target is reached I move stop loss to break-even. 3. If 90 percent of first target is reached without triggering entry I cancel the trade. 4. About targets :...

MisterTrader

Strong rejection zone, for a short opportunity taking advantage of the momentum created by previous bars of this week. 2,44 R:R Cheers ============================================= Trading rules are : 1. Trades are taken in 1, 2 or 3 units depending the situation. 2. If 90 percent of first target is reached I move stop loss to break-even. 3. If 90 percent of...

MisterTrader

Double bottom is forming and price closed over SMA200. Waiting for a Price action pattern to go Long.