I caught this one on Thursday 10th Sept after seeing the bearish trend break. There isn't much more to it as I'm predominantly a naked chart trader. The entry was executed on the m1 timeframe Probably the best trade I've ever caught
🔸 4H CHART EXPLANATION: . 🔸Price is on a clear downtrend and bounced at the Descending Channel. . 🔸We can observe that has been moving on a range for the last weeks. . 🔸Now, we are waiting for a breakout of the Support Zone before considering a short position on this pair. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It may move to the upside if the support it is now in is not broken, it may rise to the aforementioned resistance. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules...
Hello traders like this idea if you like it :). Bearish momentum is growing as price move to break the wedge. Goodluck traders. Trade with wisdom.
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It may open more than one candle at resistance, but it needs to drop to support, according to the chart. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the...
Trade setup for UF going into this week. Easy +150 pips on the table to at least the retest of a possible daily timeframe break from well-established lows.
USDCHF is forming an inverse head and shoulders around weekly support. we also have a trendline and divergence adding more confluence to our setup. our trigger would be after a momentum candle close above the gray area, and the stop loss would be just below the right shoulder. we always target double our stop loss size.
Here is the pair which should be added to a watchlist. During the next week, we will be able to get trade opportunities in both directions. In the previous post, I wrote about a possible short term downward movement and how to catch it. The main goal for sellers will be the strong support zone in the daily chart. The price reversal from 0.90100 support zone will...
Although the price from my point of view is moving within a range on the higher time frames, we can still look to trade opportunities on the smaller timeframes. If price breaks and holds above the structure marked, I will be looking for a buy position into the previous daily highs as illustrated. COT Data - 76% Long
USDCHF is in a sideways channel looking to fall to support and bounce to the top for a possible breakout.