omokhuad

omokhuad

Longs resting on demand zone.

omokhuad

FPRX is currently holding above resistance at 6.12. i see a bullish flag pattern on the daily but bearrish sructure on lower time frames. to hedge against a break down, a stop order is ideal for this idea. i have entry price set around 6.20 with a stop at 5.61 and a target of 8.16. overall risk/reward is 3:1

omokhuad

market entry. stop at 1.23305 and target at 1.22345

omokhuad Updated 

heres another setup soon to be activated. same concept as last EU buy, 4H Level in confluence with Fib level(38.2). entry at 1.09620, stop at 1.09370. i like this one to the -.618 target.

omokhuad

With the Feds stimilus pumping through the markets veins, is the recent rally legitmate? before I would feel confident in placing any lengthy long positions we would have to pass a major level. I believe 25,000 on the Dow is the line in the sand. its a major psychological level, with structural S/R and it is right under the 61.8 fibonacci level. if we can break...

omokhuad Updated 

Here is an idea Id like to see play out next week. its a simple pullback setup following the current trend. there is confluence the structure high and 4h S&R of 1.09070 area. the 38.2 fib is also hovering above this line. ive placed my limit order at the resistance line. price can pullback all the way to 1.08600 and the direction would still be right, if you dont...

omokhuad Updated 

Head and Shoulder forming on CADCHF, if we break the yellow .69000 zone and hold, we can expect the trend to be bullish. once i see a big push higher i will place a buy limit at the neckline (. 68830 area). ill be wrong with a break and close below the right shoulder (.67400). i will have my stops placed below, overall projection for this trade is .72, this trade...

omokhuad Updated 

Hey Tradingview world, this is my first published post! hoping to document my growth and provide value along the way. todays idea is a short based on the 4h TF. im expecting price to break out its descending wedge then resolve lower. I have a sell limit just under the 108.420 4h resistance. take profit just above the 106.809 support. my thesis will be wrong with...