4-Hour chart in XAUUSD shows the head and shoulders formation after strong momentum led gain. 1340 is the line in the sand on the 4-hr time frame. A ' Close ' above 1340 will invalidate the pattern and further gains can come on a breakout above 22/09 doji high of 1342.56. The doji inside bar on daily is currently forming indicating a potential building up of...
Pin bar, right shoulder confirmed great risk reward trade
as we know that this pair has very less trend, it is much choppy, Well we have a short signal in daily time frame, There is inside bar setup after rejection from resistance, however it is not Key Level resistance but it is, our entry is triggered after mother candle breakout and market is also getting rejection from mother candle which is indicator to show that...
Looks like the USDCHF pair has formed an inside bar on the 1D chart. Target could be set at the completion of a possible ABCD pattern near the 1.272-1.414 fib ext, which is also near structure so one could also wait for bullish rebounding signals as well. Just my two cents though, any other suggestions feel free to comment.
We have an Inside bar from friday, though the high's n low's of the pattern broke yesterday with wicks many might have taken swing trades and got stopped out in Nifty.It happens, Thats why conservative traders like us who are very aware of risks, wait for valid close of candle. So in Nifty with the GST gonna get passed by tomorrow I expect candle close above or...
FX:USDJPY INSIDE BAR BREAKOUT (BULLISH OR BEARISH) PENDING ORDER ============= BUY PENDING ORDER ============= ENTRY: 10 PIPS ABOVE 107.49 STOP: 74 PIPS TAKE PROFIT: 148 PIPS ============= SELL PENDING ORDER ============= ENTRY: 15 PIPS ABOVE 107.49 STOP: 74 PIPS TAKE PROFIT: 148 PIPS Best of Luck Trade with Care Money Management is the key to success!
Inside bar chart pattern shows short position for CLLS.
Please see annotated chart for details.
Still downtrend but potential reward price move up with strong momentum SL. @ red candle shadow TP @ near key level
Down trend Strong Momentum Inside Bar setup
After rallying strong on last Friday's NFP print, EURUSD has remained flat on Monday/Tuesday, forming an inside bar at the top end of the rally. A breakout is therefore likely to set the direction in the near term. To the upside , 1.140 is the key level to watch, a break higher could extend gains above 1.140 but keep prices range bound below 1.15. To the...
Please see annotated chart for details.
Please see annotated chart for details.
Bullish inside bar showed up on EURUSD 4H chart that calls for a possible reversal UP to FIBO retracement levels of 1.1340 / 1.1370 as ideal targets. Stop loss is set 10 pips below frday's low around 1.1270
Please see annotated chart for details.