hongzx123

hongzx123

Background: - 3rd bullish reversal candle off the 200MA support and weekly horizontal support @ 0.988 - Also the bullish marobozu formed right at the resistance of the channel signify strong buying determination Entry: - Buy stop set 20pips above the 8 May 2017 bullish candle high @ 1.001 SL: - SInce this is a 3rd signal off the support area, i have set my stop...

hongzx123

Background: - Seems like price breakout and retested the descending channel with the bullish reversal candle - Bull momentum seems great now with price trading above 70 at MACD and RSI Entry: - Buy stop with 20 pips above the 8 May 2017 bullish reversal candle SL: - Set with 20 pips below the 8 May 2017 bullish reversal candle low PT: - Potential resistance...

hongzx123

Background: - 2nd bullish reversal candle off the 200MA support region - Seems like it is currently forming the reversed right shoulder of a bullish H&S formation in weekly chart Entry: - Buy stop set at 20 pips above the 5 May 2017 bullish reversal candle @82.85 SL: - Set at 20 pips below the bullish reversal candle low @ 81 PT: - With the descending channel,...

hongzx123 Updated 

Background: - Inside bar bullish reversal candle off horizontal support level @ 2.50 (round number) and 200MA exponential support (Chart only shows simple 200MA) - Also, there is a double bullish divergence (black and red line) Entry: - Buy stop set at 20 pips above signal candle @ 2.8 SL: - Set below the recent low @ 2.48 PT: - Set at the current rectangular...

hongzx123 Updated 

Background: - Bullish momentum obvious with stoch and RSI ranged above 70 - Currently price break above horizontal resistance @ 1.7445 and moving towards next swing low area @ 1.8 Entry: - Enter at market @ 1.7656 SL: - Set below last trading session low @ 1.75185 PT: - Set near next swing low area @ 1.806

hongzx123 Updated 

Background: - 2nd bullish reversal candle off 200MA support with bullish divergence Entry: - Buy stop with 20pips above bullish candle high @ 1.077 SL: - Set at 23.6% fib @ 1.066 PT: - Set at area with multiple previous swing high @ 0.7727

hongzx123 Updated 

Background: - Bullish reversal candle off 200MA support with bullish divergence Entry: - Buy stop 20pips above bullish reversal candle high @ 82.7 SL: - Set below the entry candle low PT: - Next potential resistance area near 50MA resistance

hongzx123 Updated 

Background: - Bullish reversal candle off horizontal support @ 1.071 with bullish divergence Entry: - Buy stop 20 pips above bullish reversal candle high @ 1.077 - Trade set up trigger on 21 Apirl 2017. SL: - Set at 23.6% fib level of the bullish reversal candle @ 1.066 PT: - Set at previous significant swing high level @ 1.093

hongzx123 Updated 

Background: - Bullish reversal candle after breaking below of 50MA support and horizontal support @ 1.068 - There is also bullish divergence formed Entry: - Buy stop with 20 pips above signal candle high @ 1.071 SL: - Set at 23.6% fib level of the signal candle @ 1.6657 PT: - Set near resistance area at previous swing high and 200MA resistance

hongzx123 Updated 

Background: - 2nd bullish reversal candle with bullish divergence near 50MA support. Entry: - buy stop at 20pips above bullish reversal candle on 13 April @ 1.418 SL: - SL set at 20pips below the signal candle low @ 1.4028 PT: - Set at previous swing high point @ 1.446

hongzx123 Updated 

Background: - Bearish reversal candle off horizontal resistance @ 1.793 with bearish divergence Entry: - Entered at market as last friday shooting star has shown the momentum SL: - SL set 20pips above the 13 April bearish marobozu @ 1.801 Others: - Since this is a counter trend trade, i would look out for early exit point with price reaction off 10/20 and 200MA...

hongzx123 Updated 

Background: - 2nd bullish reversal candle off 200MA support with Bullish divergence. Entry: - Buy stop with 20pips above bullish reversal candle @ 83.15 - Trade triggered on 10 April 2017 SL: - Set at 23.6 fib level @ 82.29 PT: - Set at previous swing low area @ 84.8

hongzx123 Updated 

Background: - 2nd bullish reversal candle signal after 27 March at the trendline support and 200MA support. - The bullish signal candle also closed the gap on the 27 March. Entry: - Buy stop set 20 pips above the 2nd bullish reversal candle off trendline support and 200MA support - Set up triggered on 29 March 2017 SL: - Set at 38.2 fib level of the 2nd bullish...

hongzx123 Updated 

Background: - 2nd bullish reversal candle signal after 27 March at the trendline support - The 27 March hammer off trendline support also act as an fake break downwards with the obvious bullish push Entry: - Enter @ market of 2.669 as only noticed this set up after signal presented to me on 27 March, probably if entered earlier, i would have better margin on...

hongzx123 Updated 

Background: - Bullish reaction off horizontal resistance turned support @ 0.759 and 50MA support Entry: - 20pips buy stop at yesterday high @ 0.766 - Set up triggered in this point of writting SL: - 20pips below yesterday candle low @ 0.759 TP: - Previous swing high at 0.78 region

hongzx123 Updated 

Background: - Bearish engulfing reversal candle off horizontal support turned resistance area @ 1.417 - 2nd shooting star formed on the 15 March 2017 Entry: - Sell stop 20pips below the 2nd shooting star low at 1.398 SL: - 20pips above the 2nd shooting star high at 1.413 TP: - Previous swing low area at 1.37

hongzx123 Updated 

Background: - Currently price is in a rectangular consolidation trading below 200MA - Bearish reversal candle/shooting star formed on 13 March after testing 200MA resistance and support turned resistance area @ 1.436 - Also there is a minor bearish divergence formed at that area Entry: - 20pips Sell stop below the 2nd shooting star low on 14 March 2017 @...

hongzx123 Updated 

Background: - Bullish reversal candle formed with bullish divergence near weekly support area @ 1.374 Entry: - Buy stop @ 20 pips above last week high @ 1.3852 SL: - Below today's candle low @ 1.37 PT: - Near to next resistance area @ 1.41