From structure high, double top retest and drop.
This is a double bottom trap with a small retrace testing the projection point of the double, so there might be a push up for 1:1 or 1:2. Will follow stop placement rules as trade makes progress or we get stopped out.
Continuation pattern in trend to the downside, looking for 1:3 RR
Trap reversal setup off of structure and previous reversal zone, so looking for a push up. Updates throughout the day.
Inside bar play on this one working based on the weekly, higher TF manipulation.
Looking for a quick push up for 1:1 based on larger TF reversal structure.
Retest of a double bottom for a push higher, 50/50 chance like everything else, but working within the parameters of the plan.
Great reversal pattern working off area of structure. Let's see if it goes.
This is a very quick trade, like a scalp on the daily chart, it works because of the bar formation in a strong downtrend. Will update, but as you can see it's either -1R or +1R, should happen soon after price chooses a direction.
Working off of a larger peak reversal (daily) and larger weekly confluence, this trade has multiple conditions to go down. Again, I have tight stop, it acts as a filter to see if my original idea was correct or not.
This is going from a higher TF to a lower TF to reduce risk and this time R:R is 1:2, more to come unless I get stopped out fast. I use tight stops because I like to know where I am and to keep capital moving around to fresh ideas and potentially better trades I'd rather be stopped out soon rather than later. Just part of my plan.
This is another quick trade for -1R or +1R, because my risk is so low, actually below 1% I could take many trades and never worry about blowing my account, it gives me the chance to be creative with my entries while also utilizing my technical skills.
Check out the chart to see this week's results. Weekend mode engage!
Last one for the day, break out to the downside. This has a very tight stop, based on if it takes off or not. I have no problem canceling a trade if it doesn't show me evidence of directional intent.
Simple trend down, layered candles for another push down. -1R or +2R, that's it.
Still in the context of a strong trend down, so will give nzdusd one more shot at a sell. Fibs line up with trendiness and it's tough to beat the momentum down. But Thursdays are sometimes surprising, so we will see.
This short on the 12H is unique because of the way the second blue line (ray) cuts into the strong down bar, for me it creates a compelling reason to sell, as well as the the double top, although there is no immediate structural support to the left, the pattern alone gives it a chance. I could see in some respect price respecting the 50% fib on a larger time frame...