This is not a trading signal just a trade I analysed and put onto to my watch list and could potentially go my way.
Always wait for a entry point before you press the trigger button.
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Potential trade for next week penant on the 4hr pure price action.
What does everyone think the entry point would be for this trade?
Comment down below.
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Here's another free signal for y'all
As you can see a bullish flag pattern has formed on the 4 hourly and has broken the support after the 3rd touch so we will be looking to go long.Also, the uptrend can be confirmed by the twist of the ichimoku kumo cloud which has twisted from bearish to bullish on the 4...
As you can see that the overall trend direction on the daily is bearish and a flag has formed on the 4hr so after the 3rd touch of the support we go in for the sell as a bearish engulfing candle has formed.
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Quick tips for risk management:Make sure to not...
I took this trade way earlier after the cross of the red support line and as you can see it is about to hit my target profit.
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The ichimoku is used to confirm trend direction but price action is always my best source.