royschen07

royschen07

USDJPY long term bias is still bullish. As USD is strengthening with JPY is weakening. Price pullback to previous support level and reject from the support. It had formed a ascending triangle. The ascending triangle was broken through the resistance level. Set a long trade. targeting the weekly swing high.

royschen07

Price formed a ascending triangle at H4 resistance level. Price have been rejected multiple times at the level. A strong bullish candle broke through the resistance and close above the resistance area. Aligning with H4 & H1 MACD level that the momentum of the trend is bullish. Set a long trade, targeting H4 swing high. 2RR is targeted

royschen07

Price reached H4 Horizontal Level. The level is also daily resistance level. Price seems to be unable to break through the resistance level. A momentum bearish candle was formed breakout through the flag support & horizontal support level. This has shown the pattern been broken. There is a high probability of it heading bearish to start in the range. Short...

royschen07

H4 Bias Bullish H1 Bias Bullish Price retrace back to H4 broken resistance level. at the level, price was rejected. a new high was formed with a 4 strong bullish candle closing above a M15 resistance level. Price also broke the bearish channel trendline. Set long trade targeting swing high.

royschen07

Price Action. H4 Bias Bullish H1 Bias Bullish Price retrace back into the H4 Horizontal Level after breaking and closing about it. Price most likely will head higher as AUD is slight strengthing and CHf been weakening based on fundamental. At the H4 horizontal Level. Price formed a double bottom pattern, the price break the resistance. Set a long trade at the...

royschen07

Price Action Trading Price retrace back to H4 Horizontal Level, Broken Support. Once Price entered the level, there was a strong bearish candles rejection. Price formed a double top position before breaking to a lower low. Price is still reacting same direction at H4 TF. Hence set a short trade towards bearish direction. Targeting H4 Swing Low to get a 1:4 RR

royschen07

H4, Price formed a lower low and lower high confirmation a bearish bias. H1, Price have retraced into a resistance level after weekend swing, As price did not breakthrough the resistance level. In M15 Price took a lower low & lower high, forming a downtrend consolidation. Taking short trade at the night line with a tight SL of 15pips only. Targeting H4 swing low

royschen07

Price Action H4 bearish trendline have been broken towards upside. With price setting a higher high amd higher low. As price retrace back to the broken trendline, it formed a H&S patterns. Price just broken the resistance neckline of the H&S and close strongly above. Set a long trade target H4 Swing High

royschen07

Price Action BIAS Daily : Short 4Hourly: Short Price retraced to H4 horizontal level and created a H&S pattern. Price formed a lower low. Set a short trade in H1 H&S neckline (Horizontal Level) Targeting daily swing low.

royschen07

PRICE ACTION BIAS D: BULLISH, H4 BULLISH Price retrace back into H4 horizontal level and rejected from it. In H1, price form a new high closing upside. Forming a strong moment candle. In M15, price make a market structure shift towards upside. Set a long trade at broken resistance level.

royschen07

Daily & H4 Bias is Bearish currently. Price just rejected from H4 and Daily horizontal level. Forming a double top pattern. Going into lower timeframe. Price seems to be bearish enough to go lower. Hence targeting swing low.

royschen07

Price has rejected from H4 horizontal level. As price is bearish from H4 & Daily TF. In H1, price formed a lower low and lower high to align with higher TF. Going in M15, price has form a triangle breakout downwards. Set a short trade towards down side.

royschen07

BTC Bias in higher timeframe. in lower TF, in H1 price also broke out and form a higher high and low breaking the resistance level. Going to M15 TF, price is very bullish. Breaking a resistance for double bottom pattern. Set a long trade towards upside.

royschen07

H4 Bias Bullish. Price retrace to horizontal level. a reverse Head & Shoulder pattern was formed. after broke of neckline. Price formed a triangle pattern. Both pattern were broken towards upside. Set a long trade towards upside.

royschen07

H4 Price Bias is Bullish. Price retrace back to horizontal level. a double bottom formation is created. Price broken and close about the resistance (neck line) so price will be heading higher targeting swing high.

royschen07

IN H4 & DAILY TF, Price bias is strongly bullish. In H1 TF, Price has retrace to a horizontal level. At the horizontal level, there were some consolidation and rejection price action. Price created a higher high breaking out the short term downtrend. Price should head upwards based on higher timeframe bias. Set a long trade at broke resistance level....

royschen07 Updated 

in D & H4 TF, Price retrace back to Daily Horizontal Level (Resistance broken). In H1, Price was consolidating at the horizontal level. As price broken through the consolidation and close about it in M15, i decided to take a long trade targeting the next H4 swing high R:R 1: 5.5 waiting for price to pull back and take off.

royschen07 Updated 

H4 bearish. Price retrace to broken support . H1 TF, price formed a lower high & lower low and broken the last support level with a strong engulfing candle . M15 flag pattern was formed, taking a short trade at broken H1 support targeting H4 swing low