on the Daily the market looks very bullish and we have a lots of trader turned bearish because the market is bellow 2000$ so i think we can see a market retrace to the last fibonnaci level 78.2%
Long swap on our side New monthly will retrace to the first fibonnaci level you will have 2 type of trade on this one RED line more risk better better reward ( break and retest ) BLUE line less risk don't forget it's a game of risk management and probability Let's say we have 70% chance that the market go in our favor with a reward of 4:1 That's a good...
We have a daily impulse correction ( potentiel to have a next impulse)
Monthly - potentiel making a green candle by the end of the month ( Bullish ) Weekly - Impulse with slow correction at the neckline of W /// As predicted on my previous analyse of EG Daily - Should make another High NEGATIVE POINT - Swap trade is not in our favor and this trade could take 1-2 weeks
Trade every low of this swing Monthly - Bullish ? : rejecting 3 month downside Weekly - bullish : making HL structure Daily - bullish : broke and wait for restest Swap trade are not in our favor so dont hold trade for too long
1. Monthly, Head and shoulder ( Bearish ) 2. Weekly, Retest of M neckline with perfect ICI ( Bearish ) 3. Daily, EMA cross for short and Macd bellow 0 ( Bearish ) Wait for 4h and 1h shift environnent for Entry
on the 4h chart we have an impulse with a slow correction, potiential to see more up side So if we break and retest, and all my rule of my strategy align I will look to buy
We have printed a Head and shoulder on the 4h time frame It's a break and retest of the neck line EMA have crossed for the Tp if we go on the Weekly time frame we can see a W formation so the neckline is the take profit We have good stop loss protected by the neckline of the head and shoulder, also protected by the shoulder and the Fibonaci took High to...
1. Monthly, Trend ( Bearish ), potentiel shift bullish 2. Weekly, Potentiel i.c.i. AND we have a W formation so TP on neckline ( bearish ) 3. Daily, WAIT for retest of structure and M formation ( wait and sell ) 4. 4H, Entry if environnent is ( Bearish ) 5. Swap is not on our favor so if the trade is too slow I will not hold to long 6. Wait for buy if not
if you want to know why boost Comment I will show you my strategy for free
I took the trade on AUDCHF you can go see my previous analyse on it
If the market restest and give me 1 of my valid entry I will that the trade, it will be a small swing trade
Cadjpy just gave me a good trade I dont know where is my TP for now i will Trail with the next HL
I m entering a buy, but I dont want to hold to long because of the big negative swap trade for holding a long position on the next Daily candle.
Every time frame are bullish and my strategy is in place if we reach previous high i will put my SL breakeven ratio risk 2/1
We are back into the zone on the daily we have printed a double top and we are back into the zone with rejection candles. On the Weekly we have printed a W, we have high probability to have a retracement to the neckline. Ratio risk 3/1
If we retest i will enter the trade if not I will just watch it go to my tp without entering
Trend look very bullish and we just broke, retest previous support plus my strategy is in place. I have 1/3 risk to reward