By visiting gold again checked a flag pattern on 1Hour Time Frame and by the help of RSI indicator which is indicating no Divergence makes it a strong contendor for it's uptrend continuation. My Trading PLan would be as follows (in accordance to risk management of books): Gold Buy Stop: 2390.97 Stop Loss: 2378.74 TP:2440.97
A Bearish trend recognized on EURJPY using technical analysis. The price made a prefeect heand and shoulder with divergence on RSI at 70 level making it a strong contender for a downtrend. My Trade plan would be: Sell Stop @ 163.422 Stop Loss @ 165.183 TP1: 161.594
A double bottom pattern recognized on AUDCHF with clear divergence on the 4H timeframe indicating the price can break previous lower high and the pair can go in a strong downtrend. Placing ssell stop, stop loss and Take profit 1 & 2 according to the books. Hope we catch good pips on this
A sell stop placed on NZDUSD following a Double top pattern made on the 1H timeframe, making a sellstop entry at 0.60491 Stoploss at 0.60775 and TP1 being 0.60194 and TP 2 being0.59830 almost
A clear flag pattern on gold. A buy stop to be placed on 2370 and if crossed it should rally upto 2405 as my tp. Hope to get some good gains on gold again
A bright and clear Bullish flag pattern. Putting a buy stop and sl tp according to the pattern and hoping it would make a very good bullish rally.
As we can see there is clear divergence on RSI and the price has broken previous lower high creating new higher highs so making an instant buy on AUDCAD keeping the previous lower high as SL and TP at 0.88774
A clear downtrend indicating to a downwards move in audusd. A bearish flag is recognized and we can trade on sells.
A perfect double bottom recognized on the nzdusd chart and divergence playing it's part and placing buy stop,tp & sl according to the books
A proper bearish flag pattern which can trigger our sell stop and go well towards our tp with in 10 days.
A bullish pattern recognized on gold which can be triggered in this month probably.
GOOD set up for shorts by making an instant sell entry. No divergence made and hopefully the trade would touch tp.
A perfect bullish rectangle pattern recognized on USDJPY. With no divergence s far and a perfect pattern on 4 hours time frame which depicts that the price will move upwards after a break out.