Triple Top Divergence 4 hr Strong | Divergence 1 hr Break of Trend Line Break of Pivot Short term downtrend - Weak * Long term downtrend - Medium * MA's keep retesting waiting for crossover (Entry break of pivot / Neck line / Trend line) If it creates another top both this trade, and previous double top are no longer valid, as the market is consolidating,...
EUR/JPY 3 on MT4 Hitting Trend Line Divergence 1hr - Strong Long term downtrend - Strong Short term downtrend - Strong Possible retest to create double top, SL set at below S3 to be safe.
Same as other trade, but with stronger SL past S1, personally keeping it at the original SL, only because i'm not fully confident in the trade.
CAD/JPY 3 on MT4 Strong divergence 1hr | Divergence 4hr Retest off S/R line Short term downtrend - Strong Long term downtrend - Medium / Strong Daily Divergence * Waiting for MA's to cross over TP is set before Pivot to be safe SL is placed before previous S1, and S/R line. Reversal day * Not that many confirmations, possible 15 min Inverted head and shoulder...
USD/JPY Double corrlation pair (GU/UJ , AU/UJ) Rejecting off zone Double bottom formation Divergence 1,4hr - Strong Morning Star 15min Short term downtrend - Strong Long term downtrend - Strong MA hasn't crossed over Possible retest to create triple bottom, SL is set at 0% Fib, and S/R line - Strong
USD/JPY Double corrlation pair (GU/UJ , AU/UJ) Rejecting off zone Double bottom formation Divergence 1,4hr - Strong Morning Star 15min Short term downtrend - Strong Long term downtrend - Strong MA hasn't crossed over Reversal Day *
AUD/USD 3 on MT4 Orange Arrow (Medium Sell) Broke out of trap Broke S / R line Red MA Crossed Over Bearing Engulfing Short Term Downtrend (Medium 60%) Long Term Downtrend (Medium) TP is cut a little short to avoid S1 retest, and not hitting TP Reversal day starting tonight.
GBPUSD Double top Strong 4hr Divergence | Normal 1hr divergence Evening Star 1hr Red MA Crossed Over 1hr (Entry - Break Of Trend Line / Neck Line / Pivot) * Weak / Medium - Short term uptrend Weak / Medium - Long term downtrend * 23.6% Fibs line up perfect with S/R line Retesting off pivot (waiting for break) Entry is set a little lower to avoid fake outs SL...
Head and shoulder Strong divergence 4hr, 1hr Break of S/R line Break of trendline
3 on MT4 Possible Double top formation Rejecting off zone Strong RSI 1,4 hr * Strong short term uptrend Long term downtrend * MA's havent crossed over Rejecting off R1 * 1/1 Ratio, for trade to win it has to break trend line, and pass 50-61.8% Fib. Expecting heavy retests.
Rejecting off zone 50% Fib trading Rejecting off S/R Line Wave Reject TP Pivot, SL unsure.
USD/CAD 3 on MT4 Double top Divergence 1, 4hr Morning star Long term uptrend Divergence daily * High RSI weekly / monthly * Reversal day * Swing trade, might retest to create triple top first before performing.
Broke out of trap Morning star Divergence 1 , 4 * 3 on mt4 Broke double support line Long term uptrend, and high RSI daily If you want to enter wait for a possible retest close to entry, or if you're feeling risky just take a late entry.
3 on MT4 Rejecting inside of zone Rejecting off S/R line Divergence 4 hr, High RSI 1 hr Following previous patterns 5/1 Ratio, has to break trend line, and S/R line.
USD/JPY 3 on mt4 Double top Divergence 4, 1 hr Evening star 1 hr (Entry is break of S/R line, and trend line) Long term downtrend Mid term up trend * Swing trade
USD/JPY 3 on mt4 Double top Divergence 4, 1 hr Evening star 1 hr (Entry is break of S/R line, and trend line) Long term downtrend Mid term up trend * Swing trade