good evening everyone
here is my take on pound yen tonight
- trend is long currently
- I took this trade once we broke the previous double tops where I felt could be an area people would be looking to sell
- it retested the double tops and kept pushing forward and I entered on the higher close
- overall my tps are labelled in orange and will hold until...
Hidden Bullish Divergence is observed on Daily Chart that indicates underlying Strength .
Action: Good Opportunity for ENTRY or RE-Entry.
Regular Bullish Divergence is observed on 4-hour Chart that indicates a possibility of a Trend Reversal.
Action: Good Opportunity for ENTRY or RE-Entry.
I'm keeping a close eye on GBPUSD 15M - price is making its way into previous structure resistance (Previous Structure Low), thus giving us a potential bearish opportunity.
Since we are in downtrend I want to hop on it - the best place for me doing that will be the killzone made of fibos, structure level and harmonic AB=CD move.
Once price goes there I'll be...
Current Possible Long Entry Pending on Bitcoin
High Probability Long Entry Checklist
1. Get Ready - Resistance Failure
2. Get Set - 50EMA crosses over 200EMA
3. GO! - Bids on 'Support Test' of 200EMA
Stops = candle close above/below 200EMA
Close/Targets = trade by trade basis - usually consists of candle/chart patterns such as double tops/bottoms or Head &...
