I added a Fib Retracement Indicator to chart
Adjust levels to 100-150-200-250-300-350-400-450
Start fib at bottom of bearish candle to top of bullish candle
Price went beyond 450 fib level
Triangles are repeatable trading chart patterns.
Triangles are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the...
Bull Flags are Ranges that are repeatable trading chart patterns.
Bull Flag Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in...
Quasimodo Pattern Trading Rules
The Quasimodo trading rules for sell signals can be summarized as follow:
A prevailing uptrend needs to be visible – series of HH followed by a series of HL.
Break in the market structure – price start to make lower lows LL.
Entry Option #1 - Place a sell order near the right shoulder.
Entry Option #2 - The 50% - 61.8% Fibonacci...
Ranges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
Ranges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
ORB Nr4 BREAKOUT STRATEGY
1 - Find 4th bar smaller than previous 3 days
2 - Mark High/Low of 4th Day
3 - Switch to 1H chart
4 - Buy Breakout during 1st 5 hours of 5th day
5 - SL below 4th day low
6 - TP at close of 1st 1H bearish candle
Triangle are repeatable trading chart patterns.
Triangles are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the...
Ranges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
Ascending Triangle are repeatable trading chart patterns.
Ascending chart patterns will have a directional bias depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline...
Ranges are repeatable trading chart patterns.
Ranges are consolidation chart patterns that can breakout either direction.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout...
42.53 ENTRY PRICE.
38.28 10% STOP LOSS.
44.66 5% TARGET.
46.78 10% TARGET.
RSI above 50 with a steep incline.
Volume at 100% +.
Price above 200 sma uptrend bias.
Hugh large Bullish engulfing candle.
Price above both all ma's.
Price had a bullish breakout of range top.
Price closed above 50 sma for a bullish bias.
Bear Flags are a Range type of chart pattern.
Bear Flag Ranges are repeatable trading chart patterns.
Bear Flag chart patterns will have a directional bias (Short) depending on the previous incoming trend.
Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern.
What ever time frame you are trading this chart...
Best H4 Forex Strategy
The H4 trading strategy revolves around a very common chart pattern known to the technicians as the Doji candlestick. Our forex H4 trading system combines some high probability setups that we’ve found work best on the 4-hour time frame.
A detailed guide to the Doji Candlestick pattern can be found on the internet.
As far as the probabilities...
112.15 ENTRY PRICE.
100.94 10% STOP LOSS.
117.76 5% TARGET.
123.37 10% TARGET.
Volume 100%.
200 sma inclining showing uptrend.
RSI above 50 level.
Price had a brief 3 bearish candle pullback that stayed above 20 sma.
Current price candle was a large body bullish reversal candle.
Price created a new high.
10.63 ENTRY PRICE
9.57 10% STOP LOSS
11.16 5% TARGET
11.69 10% TARGET
RSI above + 50 & 70 levels with a steep incline.
Volume is at 100% +++.
200 sma on an incline showing uptrend.
Price stayed above 50 sma with a brief bearish pullback.
Current Price is a strong large body bullish reversal candle.
