Entry : Top of the trendline SL : 0.20% TP : Bottom of the trend/channel Could potentially try not leaving any pips on the table and see if the previous low breaks, incase that happens, let the trade ride until a wick or a clear reversal on 1D shows up.
Entry : Top of the trendline SL : 0.25 - 0.40%, preferably above the previous high TP1 : For people that are looking to lock in profits, locking them in at a 1:2 Risk Reward ratio (0.80%) is great if you're not keen on waiting + dont want to risk get stopped out at break even. TP2 : Bottom of the downtrend channel which is atleast 2%, dependant on how long it...
A small Gartley pattern on the 1hr GbpAud, clean simple hopefully a winner too as it is something I am involved in
Not easy, but simple when you know what are you looking for. Less items, more logic.
I have been doing some analysis on the GBP/USD Pair ever since the USD Strength over the past week or so. We can see this should continue with a clear head and shoulders formation on the 1HR timeframe as price is getting sqeezed. There is alot of confluences with this trade. We can see the short term trendline being respected. A beautiful 38.2% Fib Touch which was...
consolidation structure has been broken and i'm expecting a push up to fill the wick...
Obviously im not shearing my indicators or all the panoramic view of my trades, im going to experiment more clean charts than ever. GBPAUD exhausted ready for a ride to 1.8250
Monthly chart shows the completion of a right shoulder. Bearish momentum starting now.
Crude has had a massive move to the downside ending 2018. Price has been correcting ever since, and we might be ready to see another melt! Be cautious of spikes to the upside right to 61.8% lining up with the 63.00-64.00 key level. First target at 50.00 round psychological number
This pair has been following a beautiful trend channel and looks to continue a nice bullish leg. We had a clean break and retest of the Accumulation Zone/Inverted H&S. I have my sights on 1.36000.
We have seen price rally very impulsively to daily resistance zone, which could be very good zone to go short with small risk. Overbought rsi indicates reversal. There will be Aud news in 2 hours, so keeping stops just above recent high is recommended.
I think the CADSGD correction is over and it's ready to go up. The buy is a good idea but only after if it breaks the structure. Me, personally don't think this is going to be more complex...
Good Monday Trader, after testing the psychological zone at 107.670 we got a good momentum to reach the next high at 111.390 before continue the trend to the weekly resistance zone at 114.0
Price has choppily made its way back into a supply zone, which is in line with the current downtrend. Risk-averse traders should look on the lower TF for more precise entries.
NZD/USD To make a small 20 pips Correction before moving Higher TA Based on Candle Stick Patterns, Support & Resistance, Moving Avarage and Trend Lines. Simple Clean Charting.
PATTERN IDENTIFICATION: TRIANGLE *Wait for break and close of the triangle*