Selling only after the break under the HMA and the retest of the HMA
**This is just my trading thought process and does not constitute as financial advice.
**Please trade with proper risk management**
Potential Long Entry
Dow Theory In Place - Higher low Higher high formed.
Candle Sticks Pattern - Bullish Engulfing candle at the bottom
Bearish Trend Broken.
Price Getting reversal from Resistance Levels
(Watch out your levels)
Risk to Reward
TP 1 - 1-1
TP 2 - 1-1.5
TP 3 - 1-2
- Up trend almost finish (wait for the confirmation on breakout)
- New trend (downtrend)
- Fibo 61.8 entry
- Important support on low points
- Descendent triangle
Hi Guys,
As usual, i'm posting my trade setups as i seem them occurring. I'm not in love with this current setup, but i think it has potential, so let's see how it all pans out.
Onto the TA:
We've currently at support at S1. As you can see it's been used historically as support via the green circle.
The Top Level Resistance is above, labelled R1, and if you...
Here we have a nested failure pattern it contains a swing and a pullback that fails 2x to go higher. The target is the fist leg length as a measured move. This pattern is seen on all times frames the psychology is the bulls or bears try twice and after the second time they give up the confirmation is a high tail or a strong reversal candle after the last try....
GBPMXN mine own perspective so what's your consideration on the price movement please comment in the below section ?
I believe that. So what is your expectations in comment below.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
Learn forex then thought to does earn
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Currently trading.
We have a market that don’t know what it want to do jk.
But to most traders they quick to lines this up and wait for a breakout or say pennant.
Macro patterns fail most of the time. Flags and pennant are bullish aggressive patterns and are seen at the beginning of trends. So in this case I see the market as struggling to go higher and making...
Ok plz look at the weekly post to understand the analysis as this post is to confirm the higher time frame price action and for entrance as we use the higher times for analysis, 4hr for entrance and 15min to enter the market. So I’ll be just pointing out what we on this time frame
Currently we see the market reject the 4hr poc with a heaven shoulder and the...
So I started following my first exotic as volatility of them had deterrent me due to lack of skills. Yet I’d reach the analytic level that I’m confident to trade and to post how to trade this beast of a pair.
So the monthly is the same as the weekly so let’s start here and tbh the lower timeframe don’t show any different Trend Structures.
Also I like to aid...
how does the template look, I recommend choosing colours that are not too bright, I use black candlesticks due to psychological reasons; as I take into account the bearishness of price and it becomes less subjective and more price actiony. I also recommend using a dark theme which is a chrome extension, to reduce blue light being emitted, this combination well...
