EURUSD as planne so now we wait for tp, if you dont with for retest after a break you would get in at a bad place while trading which would make you develope a habit of trying to hold on to trades that might not be losing trades but are still making the retest and have hugh drawdowns, most times those drawdowns/retests go staight for your stoploss, so having an...
last week was a mad week price responded to most of our setups and if you got on break even after the first few 4H candles you would have been risk free, well this is a new week and EURUSD has a setup for us so lets see if the strategy works, here price just broke our pattern line, now we expect a retest and a strong bulls move, risk/reward from my expected retest...
eurjpy fresh entry on this double top pattern, price broke the pattern line and now made a retest to the line, so we sell for the next low/support level, which is 133.512
XAUUSD just got trapped in the triangle pattern now for the second bottom of the pattern to form and then price to breakout of one level/line then we buy or sell, its that simple, waiting for price to get trapped in the triangle pattern then the breakout and buy/sell accordingly
here we have a double top pattern, been waiting for this break and retest for days now as you can see my pattern line didnt stay on the neck candles of the pattern, it had a few candles on the outside of the pattern line, well thats because on the daily candles those H4 canldes are only pins so we ignore them because the pattern is a hugh M pattern visible on the...
hey guys did you miss me, well i am back and i am better, been able to achieve consistent wins for the past few weeks now , so i would be shearing this with you all, i am now more focused on a shorter swing strategy than i used last few months and its been a game changer, so here we are on this double top pattern and we have price break our pattern line and retest...
btcusd wait for rejection sir , if rejection, trading plan double top is good
We see higher lows since mid may and in recent weeks some consolidation in the $18-$20 range. Price recently tested short term support at 17.95 and rebounded testing the .61 fibonacci level. Several bullish signals: 1. MACD cross 2. D+ crossing D- on the ADX 3. On balance volume confirming price The most recent candle made a potential double top so I would...
#XAUUSD 5m - 📌The entry point confirmation for me would be *W-M patterns, engulfing or Pin Bar Candlestick Pattern* on 5-15 min timeframe. Creeping trend - collecting liquidity. I think we will go down very fast.
Lotta folks sayin 'the bottom is in!' 'buy now!' get in before it's too late!' IMO it's still too early to ride this bronco. Double top pattern appears before capitulation. Next week could be a real rough ride. Triple witching OPEX this Friday. Indicators say SELL. I wouldn't take any longs yet. Rather miss the bus than get run over. I'm just funny that way. GLTA
BNB waiting to break or touch it's previous lower low at 183 Confluences: Chart pattern, double top 3 red candles ma 200 tp and exit at 209, 110%
took this double top entry on the 1H chart, key structures taken from the 4H timeframe. I tend to look for at least a 2:1 risk reward. FX:AUDUSD
GMT is forming a double top pattern. If you are intend to trade this pattern, the first take profit target is around $0.56-0.55, And the more optimistic one near $0.44.
Double Top Patterns Support - Resisdance Global risks is increasing If I take a short position, I've to be stop at 23500
on the h4 timeframe make double top and now we see long term bearish movement
My Dragon Friends I waiting USDCHF break the support, If Break that Support, will confirmation Double TOP pattern and break Trendline too. We sell it and we can get around 4XX pips. but if can break, USDCHF may be just move sideways, wait another confirmation for next Interest rate Lets See Happy Trading Happy Profit Watch UR MM and RM Disclaimer On
Hi Traders, Looking at the DAX today. On the 4-Hour, we see a nice double op that has formed. The two tops are wicks which shows strong sell movement. The two wicks are also a lower low in terms of the 4-hour trend. We also have partial divergence across the histogram of the MACD. Buyers are weakening. We have broken below the neck zone and then entered upon a...
Reason: I proclaim that this is in a bearish trend due to it being overbought and a double top pattern had just occur thus my reason to say that it will be in a pickle sooner or later