pure_technical

pure_technical

Was waiting for an opportunity to enter when I saw it rejected from the 50MA in the 4H chart. the nice engulfing candle at the resistance on 1H chart made me executed the trade.

pure_technical

-long- -rejection from the trend line, support level, and 50 moving average -targeting the 0.382 extension

pure_technical Updated 

high timeframe butterfly pattern with an engulfing candlestick pattern, we let the stop loss be higher this time above the potential reversal zone the resistance level.

pure_technical

4h gartley divergence confirmation d formed at the support level TPs at 382 and 618 retracements

pure_technical

4H GARTLEY PATTERN -4H Engulfing candlestick confirmation -1hour divergence confirmation -Re-entry can be considered when it drops into the potential reversing area (need another confirmation)

pure_technical

trading the consolidation

pure_technical

A combined strategy used (head and shoulder, bounce from resistance and the 50ema, trading channel, engulfing candlestick pattern) we are targeting the next level of structure, lets not be greedy

pure_technical

price has shown rejections from the lower trendline, targeting the 61.8% retracement and the fib extension

pure_technical

used double volume for the simple counter-trend strategy (as the price movement is tiny). Targeted the 50%retracement of the uptrend.

pure_technical

followed by a great pin candlestick bouncing back from the previous level, we decided to close the position

pure_technical

bouncing off from the support and the lower line of the channel, targeting the next fib extension

pure_technical

new low, decent flag pattern before the first retracement, targets are fib extensions

pure_technical

trading the head and shoulder alone, buy after the completion of the retest

pure_technical

breakout of the consolidation, targeting the next fib extension, gives us a 1:1 risk to reward ratio

pure_technical

trading the breakout of the support, targeting the next level of struture

pure_technical

triple top bouncing from the resistance

pure_technical

breakout of the consolidation, targeting the next level of the fib extension

pure_technical

15 min trading channel + 5min head and shoulder targeting the lower line of the trading channel so I will be watching it carefully