Short

Updated

accuracy !

this much accuracy is unbelievable !
any way
macd is showing that we're facing a loosing momentum in short time uptrend
I expect the price to continue perform in detailed range and for 6june there's a SELL opportunity
not a financial advice !

Trade active

SL 1971
TP 1938

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opening London market session made my trade just started to making profit .
I'm monitoring it patiently
my posts are for my own archive and there is no financial advice on any of them

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still waiting
yellow rectangle is the key zone for our next decision .

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I believe due to low volatility of market on 6th June, consolidations took too much time
MA downward Cross is forming in 18 and 50 SMAs in 4H timeframe
if 4H candle close like this then short opportunity will confirm for me

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well the 4 hour candle sticks shows how confused is the market a bearish candle with a very long lower shadow ?!!!!!
i decided to change my TP and SL points as below
New TP 1943
New SL 1969

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so we've done it
now we're looking for short continuation or long opportunity

Trade closed: target reached

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could new white trend line act as new uptrend support ?
the main case that should beware of is fake breakouts
so still waiting for new trading decision
patience is the key

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what a great day was 7th june i hope you enjoyed the ride
as i showed in the pic a hidden bearish divergence formed in 5 min chart which helps us to detecting a bearish trend continuation .
by loosing the support of temporary trend line 1935 and 1931 are next stations .
in such a risky situations like now opening any position could be brutal .
patience is the key

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STRONG HIDDEN BEARISH DIVERGENCE DETECTED IN 5 MIN CHART
* Pay attention Lower time frames have less validity in any kind of analysis
but this is happening inside a 1H candle stick which means there are opportunities for scalp trading

what do u think ?

Trade active

TP 1938.5
SL 1943.6
Double Size

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Trade closed: stop reached

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morning every one
last night my scalp trade went wrong
actually i never believe in scalping in lower time frames and never advise anyone to do that
any way
the temporary trend line support still working as i wrote last night " the main case that should beware of is fake breakouts "
now see , a fake breakout detected and we should not open any position yet

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check my last post

Trade active

mohammadhassanli

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mohammadhassanli