Entered SHORT on this trade upon strong break of the support of what it seems to be a Triple Top or Head & Shoulders like the GBPCAD trade.
Quite a bit late to execute after the entry signal appeared but good thing a retest happened and entered upon confirmation of the retest.
Bias for this trade came from the pullback strategy where GBP is weak on H4 and...
Entered SHORT on this trade upon strong break of the support of what it seems to be a Triple Top or Head & Shoulders.
Bias for this trade came from the pullback strategy where GBP is weak on H4 and execution is done on lower TF like H2 or H1.
This trade has a potential reward of 2.3R with TP at the bottom (logical TP area).
Entered SHORT upon the strong break of the Head and Shoulders pattern which appeared after a long and strong uptrend of the NZDUSD.
TP at the next major support area at 0.67000 and SL set at 40 pips above the entry price, giving a potential reward of 2.37R.
If this trade gets stopped out, will re-enter if a valid entry signal appears.
If a retest will happen,...
Entered SHORT on this trade after the strong break of the neckline/trendline of the small Head & Shoulders pattern.
The bias for this trade came from the pullback strategy where GBP is weak on H4 and execution is done on lower TF like H2 or H1.
This trade has a potential reward of 2.34R with TP at the bottom (logical TP area).
Entered LONG upon the strong break after the short consolidation which was also a retest pattern.
Price came from a major support level and waited for strong breaks of structures before entering.
This trade has a potential reward of 2.39R.
If this gets stopped out, will re-enter after a valid entry signal re-appears. If a retest is about to happen again, will...
Using TTS Phase I Rules, will enter SHORT on this trade due to strength of NZD on H4.
Placed SELL LIMIT at 1.86650 which is the proper H4 DZ and 38.2 Fibonacci Level.
TP at 1.83150 (350 pips) and SL at 1.87750 (110 pips), giving a potential reward of 3.18R.
Entered LONG on this trade after the break of the structure.
Double bottom formed near a major support level and price has broken thru the 20-SMA as well as the neckline (flipzone) of the double bottom.
TP at the next resistance level at 0.68800 and SL just below the half of the trigger candle, giving a potential reward of 2.85R.
Entered LONG on this pair due to weakness of CAD on H4.
Entered after the break of the short consolidation at around 1.515 area.
TP at 1.53 which is the nearest swing high and SL below the consolidation zone, giving a potential reward of roughly 3R.
Head & Shoulders pattern formed which is more visible on the D1 chart with the trendline as its neckline.
Entered SHORT on Monday morning after breaking the last low it created last week. This low was also the result of the break of the trendline/neckline.
TP at 0.97500 area which is the next major support level and SL above the trigger candle, giving a...
Entered LONG on this trade due to weakness of CAD on H4.
Entered upon the break of the recent high which was created by the Monday gap.
TP at the 0.92400 level which is the swing high to the left and SL below the trigger candle, giving a potential reward of 3.65R.
Using TTS Phase I Rules, will enter LONG on this trade due to strength of NZD on H4.
Placed BUY LIMIT at 0.68700 which is the proper H4 DZ and 38.2 Fibonacci Level.
TP at 0.69700 (100 pips) and SL at 0.68200 (50 pips), giving a potential reward of 2R.
Using TTS Phase I Rules, will enter LONG on this trade due to strength of NZD on H4.
Placed BUY LIMIT at 77.650 which is the proper H4 DZ and just below 38.2 Fibonacci Level.
TP at 78.750 (110 pips) and SL at 77.150 (50 pips), giving a potential reward of 2.2R.
Using TTS Phase I Rules, will enter LONG on this trade due to strength of NZD on H4.
Placed BUY LIMIT at 0.90500 which is the 38.2 Fibonacci Level.
TP at 0.91700 (120 pips) and SL at 0.90100 (40 pips), giving a potential reward of 3R.
Using TTS Phase I Rules, will enter SHORT on this trade due to strength of NZD on H4.
Placed SELL LIMIT at 1.65350 which is just below the proper H4 DZ and 38.2 Fibonacci Level.
TP at 1.63450 (190 pips) and SL at 1.66150 (80 pips), giving a potential reward of 2.37R.
Using TTS Phase I Rules, will enter SHORT on this trade due to strength of AUD on H4.
Placed SELL LIMIT at 1.75350 which is the proper H4 DZ and 38.2 Fibonacci Level.
TP at 1.72150 (320 pips) and SL at 1.76350 (100 pips), giving a potential reward of 3.2R.
Using TTS Phase I Rules, will enter SHORT on this trade due to strength of AUD on H4.
Placed SELL LIMIT at 1.55150 which is the proper H4 DZ and 38.2 Fibonacci Level.
TP at 1.53550 (160 pips) and SL at 1.55850 (70 pips), giving a potential reward of 2.29R.
Using TTS Phase I Rules, will enter LONG on this trade due to strength of AUD on H4.
Placed BUY LIMIT at 82.850 which is the proper H4 DZ and 38.2 Fibonacci Level.
TP at 83.850 (100 pips) and SL at 82.450 (40 pips), giving a potential reward of 2.5R.
Using TTS Phase I Rules, will enter LONG due to strength of AUD on H4.
Placed BUY LIMIT at 0.73050 which is the 38.2 Fibonacci Level as well as a MLS and just below the proper H4 DZ.
TP at 0.73900 (85 pips) and SL at 0.72650 (40 pips), giving a potential reward of 2.12R.
