PIPGOD16

PIPGOD16

INVERTED HEAD AND SHOULDERS, 1:3 RISK TO REWARD RATIO. RISK 2% FOR 6% GAIN. WAIT FOR BREAK AND RETEST OF GREEN ZONE AND NECKLINE BEFORE ENTERING. GnP Fx

PIPGOD16 Updated 

Firstly, the Ichimoku Cloud indicator shows how the pair as in a strong downtrend as the cloud is both red and is wide. Secondly, the price is about to hit a well respected trend line where it was only broken once and after checking I realised on that day it could have been due to news as there was a lot of high impact news. A Fibonacci I drew from the previous...

PIPGOD16

GBPCAD LONG TERM SELL TRIANGLE SELL AT ECLIPSE ON CHART WHERE TRIANGLE, RED RESISTANCE ZONE AND 61.8% FIB ALL CONVERGE . SL ABOVE RED ZONE, TP AT BOTTOM TRIANGLE TRENDLINE. ONE OF THE TRADES I AM CONFIDENT ABOUT

PIPGOD16

TRIPLE TOP SL ABOVE RED ZONE BEAUTIFUL RISK TO REWARD RATIO WAIT FOR BREAK OF BOTTOM TRENDLINE THEN SELL . THIS IS A SWING/POSITION TRADE. PATIENCE....

PIPGOD16

DOWNWARDS TRENDLINE DOUBLE TOP ON LOWER TIMEFRAME RESISTANCE ZONE (RED) NOT BROKEN 1 HOUR AND 4 HOUR MA WAIT FOR DOUBLE TOP ON LOWER TIMEFRAME TO COMPLETE AND REVERSAL CANDLE THEN SELL TO 60

PIPGOD16

SHORT TERM BUY - PENNANT FLAG AND SHORT TERM TL

PIPGOD16

SHORT TERM BUY - BULL FLAG LONG TERM BUY - BREAK OF WEEKLY TRENDLINE

PIPGOD16

GOOD RISK TO REWARD RATIO