6.45pm - 7.40pm overall everything went smooth EXEPT I PUT MY SL ON BREAKEVEN WHEN PRICE HIT MY 1RR I shouldve waited for a break of the 1RR and then maybe moved the stop --->either to breakeven --->or to 1RR to at least gain some profits anyways its really the first time experimenting with TPs couldve been a +2.1 pip day (+3RR) but well, learning is a part of the game
Our Pair creating inverted head and shoulders pattern but we still need a 4h closure above neckline to confirm the pattern and give us a confirmations to can buy it , and we can measure our target by putting a measure tool between neckline and head , if we have not a 4h closure above our neckline so this idea will be canceled . This Is An Educational + Analytic...
Break off structure and retreat in the weekly timeframe…almost trying to complete the M structure
Pair: FX:NZDCAD Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames - Price action is at a resistance trendline & also a horizontal trendline (Demand zone) - Price is between the 61.8 - 78.6% Fibo retracement - Aiming for the 38.2% Fibo Retracement which...
Market Structure Bearish on HTF Weekly Rejection at AOI Weekly and Daily Around same AOI Around Psychological Level Daily Rejection at AOI Strong Bearish Momentum H4 EMA Retest Rejection on H4 Time Frame Strong Level of Support Turned Resistance REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
NZD/CAD has just bounced off the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could potentially rise to our take profit. Entry: 0.81199 Why we like it: There is an overlap support level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.80930 Why we like it: There is a pullback support level which...
My dear subscribers, My technical analysis for NZDCAD is below: The price is coiling around a solid key level - 0.8131 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8117 About Used Indicators: By the very nature of the...
This has a 70% possibility of going long and the reason are: There was a strong rejection on the daily AOI All timeframes are Bullish (Weekly, Daily and 4hour) We can see a strong bullish Engulfer on the 4hour timeframe. We can also see a strong Bullish Engulfer on the 30mins timeframe.
Weekly: -H&S pattern. -Imbalance. Daily: -Bearish W pattern. -IC. 4H: -H&S pattern. -IC. -Imbalance.
NZD-CAD finally broke the Long-term falling resistance Line and the breakout is Confirmed so we are Bullish biased and I think The the pair will go higher Mid-term !
This Setup for NZDCAD is valid on 1 hour time-frame. Look for LTF confirmation before entry.
Hey everyone! Yet another trade idea for the challenge! In this one we have some positive feelings for the NZDCAD! 📈 When inspecting the H4 chart we immediately see how the market rejected almost instantly the support area, to then fail to create new lows and printing a strong bullish presence around the 22nd. I've been monitoring a potential long for a few days...
HERE we can see that price formed consolidation after that took a break out to support balanced the liquidity at higher tm frames price created a double bottom pattern now price has to fill the liquidity at up resistance zone a small lone entry as shown in the picture follow for more live updates...
As shown in the picture,we determine the current daily chart is a bullish.How to buy? As the SMC concept,we must wait.Now is not a good position to enter a trade, we need to wait. The optimal is Pullback,lets get a good long position. The second choice is reach a higher high,and we get a new pullback step. Be remember Risk Reward is first principle Good Luck Folks
Nzdcad bullish trend confirm. Nzdcad buy trade confirm.