money flow excellent-baance of power strong-watch 200 ma-ads high keep tight stop loss 8 emal-week;y50 and cloud 4to 4.20-diversify micro caps with some shorts -enter one short candle above closing price your time frame for confirmation-buy on limit-see entry points in my book on amazon pennies to thousands-web site and chat room coming end of july=macd crossed=dmi strong
AudNzd formed a bullish pin at support. On Friday an inside bar formed (See chart for entry, stop loss and take profit levels). AudNzd trading around year open price, which is a great reference point.
USDCAD has been trending down for the past 3 months and for the last 4 days of trading activity it showed a strong retracement with several bullish reversal candlestick patterns that caused the form of a 2-day Inside Bar Setup with an Inside Pinbar Combination. Ideally a Buy-Stop Order at the High of the Mother Bar to capture the upward move with a stop loss at...
USDCAD has been trending down for almost 3 months and for the last 4 days of trading activity it showed some strong bullish retracement forming a 2-day Inside Bar Set-up with a Pinbar Inside Combination. Usually a sign of an Upward momentum. Ideally a Buy-Stop order at the High of the 'Mother Bar' to catch the upward move with a stop loss on the low of the...
Nice false breakout of the inside bar pattern in line with the daily, weekly and monthly bearish trend. Entered at the close of the 4/4 candle. SL is just above the high of the false break, and and looking to take a 4:1 profit on this trade.
Shorting this pair if we see a pinbar/doji/inside bar in the green box. Both the two "waves" are practically identical: 1: Both (hopefully) hit the trendline at the 61.8 retracement 2: There is a 100% extension of the first move right at the 61.8 of the second move. Stoploss and profit level is shown on the chart. When first profit is met i move sl of the other...
As I have mentioned on a 1D chart the main direction for a week at least is "UP", however 38.2% of the last down swing is also a triangle resistance, so the bounce back into the triangle is possible. for those who are in a long pos I would trail stop, for those who're willing to enter short. this is a minimum level to wait.
EURUSD Trades Inside A Triangle, Looking To Break
I trade a lot of inside bar and i spotted this inside bar on the NZD USD. You see on my chart i marked inside bar in purple. Before i trade a inside bar i want to see a bit of trend. In this case thats there so were good to go. Then i handle it as a breakout trade, i place pending orders both buy and sell and use the high and the low of the inside bar as entry...
Confluences: 1/ with the recent formed downtrend 2/ Broke TL + retest 3/ Tested the 130.000 weekly resistance 4/ Bounced of the 50% fib. 5/ high test, followed by inside bar set up, followed by another high test 6/ 50 & 60 EMA's bounce
We have hit the last stand with UMC as we are likely to see a slide in the stock leading to a triple top
Fiber going sideways in the inside candles paths. Waiting for 1.2700 level, for signals
As I point out in the chart, MRK is in a very tight consolidation here. With the RSI holding inside of bullish territory after it's recent bounce off the 150EMA it has run into previous resistance. This resistance coincides with a sort of ascending triangle based on the higher-lows it has been making since March '14. This pattern comes to us after a long run up...