mohsin786

mohsin786

Slightly late to the party, but there is an impulsive move to the downside after a period of consolidation signally a reversal, Price has pulled back and entered my sell zone at the 0.25 entry on the Fib Extension. partial Profits at 0.5 but will let it run to 1.0 on the fib extension to 0.7535 and 126 pips.

mohsin786 Updated 

As you can see from the chart there has been a sharp impulsive movement to the upside which has signalled a change of Trend as it has taken out two prior Lower lows which is THE AB leg of our pattern price has retracted bouncing off a major resistance at around 104.00 forming the BC leg. We are now awaiting bullish movement to the upside.

mohsin786

A-B INPULSE LEG, FOLLOWED BY BC RETTRACTMENT, ENTRY AT 25% FIRST PROFITS AT 50%

mohsin786

AUDUSD meeting my entry, sell at the 25% fib First profits at 50% ... reason for entry a. nice impulse to the downside forming an AB leg with a retractment forming a BC leg and 25% upon this.

mohsin786

Inpulse leg to the downside followed by a retractment forming a nice B-C leg, entry at 25% on the FIB take partial profits at 50% and set a trailing stop.

mohsin786

beautiful trade, 2000+pips, a nice impulse to the downside and retractment with entry at 0.25 and profit taken at 1

mohsin786

Newbie idea seeing a strong impulse to the downside with a retractment forming a nice A-B-C take partial profits at 0.5 100pips

mohsin786

another lovely set up a nice impulse leg forming A-B momentum leg, followed about a retractment, price has broken my 25%fib entry will take partial profits at 0.5 then insert a trailing stop

mohsin786

Beautiful impulse leg to the downside forming A-B leg taking out multiple lows on the internal and external impulse leg. price has broken 25% entry, first profits to be taken at 50%

mohsin786

only a newbie but my trading plan shows GBPUSD long to around the 0.5 zone where I will take partial profits then place a trailing stop to see if it breaks through the major resistance.

mohsin786

perfect hidden pivot set up on XAU, lovely Inpulse leg( A-B) Price beat two prior lows waited for the retractment at C and price hit D perfectly.