5 Good Reasons to sell!!! 3rd Touch of the 1h downward trendline. Bearish Harami reversal candlestick confirmation on the 1h chart( spinning top on 15min). Change in trend( Higher Low of uptrend got intersected). Fibonacci Retracement to the 0.618 level( 1h chart). There was a breakout of the downward trendline on the 1h which is still valid. Risk/Reward...
Nice Break and Re-test setup formed on this trade!!! Entry Reasons Breakout and Re-test of previous support turned resistance. Spinning top revesal candlestick formation on 15min chart 2nd Possibility Price might break above resistance to test the downward trendline before selling!!! Please do share your comments and follow if you want more quality...
I'm anticipating a further push to the downside as price has given the signal of a breakout to add on to the initial trade.
5 Good reasons to sell Bearish engulfing entry confirmation on the 5min chart Double top formation on the 5min chart Touch of downward trendline on the 1hr chart Touch of major support turned resistance on the 4h chart. Retracement to the 0.618 Fibonacci level (1h chart) Entry details Entry: 0.88554 Stop loss: 0.88758 TP1: 0.88377 TP2: 0.88130 TP3:...
Entry Reasons Touch of downward trendline drawn from the 4hr Chart Candlestick confirmation (hammer reversal candlestick on 15min chart Touch of resistance level on the 1hr chart Entry Details Sell stop: 1.27336 Stop loss: 1.27517 TP1: 1.26885 TP2: 1.26314 Feel free to share your views on this trade
Entry Reasons Touch of trendline and support level on the daily timeframe Fakout and retest trendline setup Breakout and re-test setup on the 1h timeframe Bullish Railway track candlestick entry confirmation (entry on 15Min timeframe) Trade Details Entry: 1.56884 Stop loss: 1.56669(20pips) Targets TP1:1.57358 TP2:1.58918 TP3:1.60243 TP4:1.61228 Note:...
Technical Analysis Entry Reasons Breakout of daily trendline and retest of 1hr resistance now turned support Double bottom reversal pattern on the daily timeframe Reversal confirmation on the retest of the previous resistance turned support on the 1hr timeframe (green hammer candlestick) Change in trend on the 1hr timeframe (previous lower high was...
Gooday Traders!! I'm anticipating this short setup on CAD/JPY after it pushes to the upside and retests the downward daily trendline and 4h resistance level(confluence). Following the retest,I'm expecting price to breakout of the 4h trendline all the way to TP5. Entry: 81.918 Stop loss: 82.419 TP1: 81.347 TP2:80.442 TP3:79.571 TP4:78.486 Final TP(TP5):77.915