MyTradeJournal

MyTradeJournal

confluence

MyTradeJournal

confluence

MyTradeJournal

Confluence trade

MyTradeJournal

CONFLUENCE TRADE

MyTradeJournal

gartly

MyTradeJournal

#Short

MyTradeJournal

r:r-1:4

MyTradeJournal

r:r-1:5

MyTradeJournal

r:r1:4

MyTradeJournal

R:R-1:4

MyTradeJournal

Risk/Reward:- 1:4

MyTradeJournal

long

MyTradeJournal Updated 

Analysis:- Price is making its retracement to its daily 38% after a parabolic move for a week. trend for-cast is down making its first pullback to its 20-ema for short trades till daily 38% Risk/Reward- 6:1 Fundamental View : short Analyst view : short Major news :Draghi speech (expectation positive for euro) Checklist :- Fib Convergence-AD-38...

MyTradeJournal Updated 

Analysis 4 hrs is sideways.price is within a range currently.expecting price to break the upper range and continue an uptrend. or price could test the top of the range only to reverse back down.daily resistance around 1.41400 level expect support and a rally backup Trend -Long Health-new trend Move Leg-1st move confluence fib-38,78,127,161 (50%) prev...

MyTradeJournal

long

MyTradeJournal

Analysis price finding support at a major Monthly level Confluence Monthly support prev supply 50-ema dynamic support Convergence zone Pattern confluence Gartly ABC-pullback

MyTradeJournal

Garlty Formation on the Daily time frame Expectation : price to hold this level or a possible rally to the Daily S/R level. Move to the downside is expected , tomorrow London session Or waiting for price to make a reversal pattern on the 1/4-hr for an entry Conflunce -Convergence zone -weekly 61ma -Weekly pivot-r1 Pattern Gartly

MyTradeJournal Updated 

the garlty from my former analysis changed into a good cypher pattern confluence area remains the same with slight variation Additional confluence Internal AB/CD- 2% in the fib convergence zone