Monitor the bullish impulse on the left hand side , the market entered into a correction , looking for another bullish impulse ' risk management : { according to trading view } - 1 % risk targets: close to 8 % target overall
bullish on this index going into NFP : CONFLUENCE : impulse + correction = bullish impulse
MARKET BREAKDOWN : top 4 pairs to look for in the new month - risk management - entries - trade management & targets hope you have a profitable month ahead
eurusd & USDUCH IMPROVEMENTS : - BE OPEN TO MORE risk sometimes to allow the position to flow into your direction - scaling in more positions on the right setups
monitoring the reversal pattern that has formed on the resistance area that is been respected
TOP down analysis of US100 & CADJPY BULLISH bias on both analysis
OVERALL market on higher timeframes is bullish , considering that the market is at a key resistance area where most retail traders will be looking to sell
overall good trade key lessons here : 1. think different and know what/how other traders are thinking 2. markets move in time 3. fundaments only show the overall direction long term
expecting a potential reversal on this pair with low risk and high reward setup
looking at this pair we noticed a bullish impulse that was 2.02% Gain , the market entered into a correction , looking for the market to create another impulse to the upside
this is how we managed the position , found entries and risk management
these are my top 3 TOP DOWN ANALYSIS - bullish long term on all three ideas overall , check them out and let me know what you think
potential head and shoulder pattern formation on the intraday timeframes going into the last week of the month .
on the daily timeframe we noticed a inverse head and shoulder pattern market has a high potential of bullish moves long term
this is a key reversal pattern formation inverse head and shoulder pattern also note how the market is creating the same patterns as in the left hand side , bullish on this pair long
we looking at a potential breakout , continuation pattern to the upside
zone to zone trade setup looking for the market to buy if the hour rejects on the support area
GBPUSD created the first impulse on the left hand side looking for the second impulse to the up side ( bullish continuation pattern: risk : 0.16% reward : close to 1% on this position intra day