Here's a Potential Long Trade coming up for AUDCHF, as long as;
1) Price Action closes above Green Upper Trend Line
2) 3 Green Trend Meter Bars
3) Price Action closes above Blue Momentum Lines
4) Room to Resistance, (Look up and left)
Will Manage the trade with
25% TP Alert to Move SL to 12.5% for a Winning Trade.
50% TP Alert to Move SL to 25%
75% TP Alert...
Here's a set up for AUDJPY for Martin Momentum Strategy.
As Soon as Price Action hits 25% TP, SL will be moved to 12.5%
50% TP, SL will be moved to 25%
75% TP, SL will be moved to 50%
100% TP = Full TP Winning Trade
The moment price action hits 25% of TP, it becomes a winning trade.
Let's see how this turns out!
Red Background, with Stochastic crossing down on...
Saw this on AUDCAD tonight, Didn't catch my eyes at first, but then immediately saw the Inverted Head and Shoulders Forming, if it breaks the neckline could we be seeing a Huge Long Breakout?
What are your thoughts?
Overall Uptrend on the Daily
Double Top on the 15 Minute, Broke Neckline,
then Bounced off Smaller Trend Line back up.
Price Trapped on the 15 minute,
Expecting upward breakout as last candle is bullish.
Bounce on the 38.2% Fib.
Possible Entry for a Buy after break of Trend.
TP Set for 0.00% At 0.95299 (160 m pips)
SL Set for right below Trend...
Confirmation bouncing on the Trend Line.
Buy on the Dips,
Pullback on Fib between 38.2 & 50.0%
Bullish Engulfing Candle on the 15m
Divergence On 15m
EMA crossing up MA
#2 on MT4 (3 Indicator)
TP1 @ 0.00% 125.494 (18 pips)
TP2 @ -27% 125,624
SL @ 125.194 (11 pips )