we tested the level thet created the impulse of the week. you remember your trading note books? uh? break and retest? so it broke monday and tuesday now it just tested the impulse and guess what ? after a test we go back uuuuppppp
we have a bullish V wave at 4 hours sorry i didnt update you earlier here are the targets
Taergets NT : 1.19131 ( already achieved and tested twice ) Target N 1.19536 (tested twice and will test third today good return so far) Traget V 1.19613 (tested yesterday , i shorted it expecting to hit NT again but well i took profit this morning at 1.1926) Target E...
price is breaking the 4 hr kijun , The next support or attraction price 1.212 daily kijun and if momentum keeps on down it may bounce on the dailly SSA at 1.206 or 1.205.
Needless to say that my real target are 1.198 and 1.182 because they are equilibrium levels at the weekly time frames, but that is another story , let's first how this trade goes.
price beautifully made the much awaited pullback this month we can see 1.140 I4LL STAY SHORT AND WILL UPDATE LATER only when necessay; I'll give you the full target (NT V and E after the market defines a full structure
all the take profits levels are in the graphic and i have put notation using hosada wave theory , thank me later, this could go further lower around 1.195 , I advise strongly to take profit partially at those levels do one entry and take profit one by one.
Good luck remember we're at end of the month and the move could be very strong.
stoploss is at 1.21180
Note that this play is intraday scalp that can be played stress free between today and tomorrow
following yesterday breakout of the 4hr cloud price is supposed to go test the top of the around 1.18250. My take is overall pullback will go to 1.1940 and then keeps falling around 1.160 to 1.140.
If you check the monthly levels you find a kijun retest at 1.140. I'm...
following the february selloff eurusd could go test 1.21340 as last point of resistancxe so this is a scalp you can play on the 4hour time frames, meaning it will be played on an average of 15 candles of hours back and forth. play it accordingly that setup could come twice so you can double your profit each side from 1.209 to 1.213 then 1.213 to 1.209 and back up...
Not much to be said here most of you know I shorted 1.215 expecting 1.180 (which almost hit but did'nt ).
Long story short i still am short and intend to leave it open until we reach TP1 : 1.180 and T.P: 1.160
the trade could take a few days so use proper risk managment (use 2 lots but don't go all in one shot , do it drop by drop when test fails on pullbacks......
using the ichimoku strategy we can see that price entered the cloud and is leaning bearish we got a dump last friday , another one yesterday, we retested the same levels 1.23 and got rejected again and again. My plan is to short 2 lots from 1.2270 and 1.2280 what i did yesterday. As i'm publishing now after the fact the optimum entry is the daily pivot at...
Hey guys yesterday we did get a correction that led us to 1.1850 the price reacted from there as there a recent strong area of support. My play today will be 6 lots that i will put stoploss at 1.1940 as that level will automatically invalidate my setup. I will use proper risk management in a sence that if that level is broken i will then look to long the dips. I...
We got the pull back from last time short her's another decent entry for shorting again. Again use decent money management. enter using bollinger bands at 5 mins for exemple the upper bands should serve as short entry zone to minimise loss. you can 0.1 and keep adding until one you have a full one lot entry and be confident when the momentum has fully shifted....
It looks like bulls are ready to buy lower again. my entry is invalid if we cross 1.17650 (which was yesterdays long target)
so how do we play this? in order to ensure the most gains possible you have to keep a watch at the 1 hour cloud, if ever the price enter the one hour cloud and closes one candle inside the 1 hour the setup will automatically be invalidated....
Guys there are quick bucks to be made here bulls will attempt a reaction today from yesterday's massacre we can profit from it now before indecision phase takes over.
again i will use 1 lot with proper risk management, i won't stay in a loss if it goes against me
see you later
following fridays pump the price could go test the last ground to either form a higher low or who knows? break it and go form a lower low way lower.
as always use sound money management i will short with one lot to the mentioned area. my stoploss is very very tight i won't hold a loss. I'll keep updating on the idea during the trading session. feel free to reach out.
History repeats itself remember market have a huuuuge memory same setup as yesterday same position size 1 lot i'm hoping to get 200 usd Stoploss 1.18060. I have already entered the trade before publishing