simaluis

simaluis

Price has broken the triangle formation and we expect a move to the upside. Cons: The major trend is down and this could be a fakeout.

simaluis

Price has broken the triangle. We expect a move to the upside.

simaluis

Price has broken the trendline pattern. And also created a double-bottom.

simaluis

Price has broken the ascending channel. This is our second and last trade of the day. Hope things play out well.

simaluis

Price has broken an ascending triangle. We expect a move to the upside to the resistance level. Cons: The ascending triangle is not perfect and the major trend is bearish.

simaluis

Price has broken the ascending channel. This is our second and last trade of the day.

simaluis

Price has broken the bear flag/horizontal triangle. We expect a move to the downside.

simaluis

Price has broken the ascending triangle. Price has also rejected a daily resistence level. Cons: The GBP has been quite strong lately.

simaluis

Fakeout Trading - London Open

simaluis

Price made an impulse to the upside during the London and New York Sessions yesterday. In the Asian Session, the price made a ranging correction. I expect the price to make an impulse to the upside. I am a Fakeout Trader!

simaluis

-The USD Index has reached a key resistance. -4H candle close confirmation. -High-value swing point. Cons: This appears to be a pullback so be careful with your stop loss.

simaluis

-The price has formed the second swing of the descending channel. -Price is reversing from the 3rd swing of the rising wage. Cons: Descending structure is a bullish signal in the long-term.

simaluis

1. Ascending channel/rising wage on a daily chart. 2. 3rd swing of the structure. 3. Double-dop formation on the weekly timeframe.

simaluis

PROS: 1. The price has reached the 3rd swing on a daily chart (Ascending channel). 2. Double-top formation on the weekly timeframe. 3. Structure within the structure (Rising wage within the ascending channel). CONS: We are shorting a pullback, so have your SL in place. The USD Index is so volatile.

simaluis

SELL the 3rd swing pullback on Daily Timeframe. BUY the 3rd swing for the long term.

simaluis

A potential sell early next week.

simaluis

Price has broken the ascending triangle within a descending channel.

simaluis

The price has rejected a key resistance level and pulling back. Profit target at .50 Fibonacci retracement level. Cons: This is counter-trend.