15min
15m Technical GBPUSD Long 1:3After seeing what looks like a skewed double bottom formation, with the first low late Friday evening and second low Monday morning.
Expectations are a further rise.
Instructions - if trade flat or has not moved in the next 2 hours, take small loss or small profit.
Trade with caution, this is not financial advice.
Entry: Market
SL: 1.25900
TP: 1.26732
Hindsight Pig-Peg - A Single 15-min Candle = 1000-Point Rally?Hindsight Pig-Peg's are not as impressive as foresight Pig-Pegs. Even incorrect foresight Pig-Pegs (see all prior Pig-Pegs) are more impressive than anything made in hindsight.
Why do this then? Because I think it may provide crucial information for future market rallies.
Broadly speaking, this may also offer some insight into the true nature of reversals, and possibly, some things to look for.
If this is correct, then that means that the impetus for 1000 points worth of bullish price action can be pinned to a teeny-tiny, singular 15-minute candle.
SPCFD:SPX
USDCAD Entry On 15MDo your own analysis ...
Dont Forget Moving StopLoss At Breakeven
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
EURJPYwe are just bouncing off 4 hr supply zone, and at 15 min timeframe, there is a very nice supply zone was created. this is set and forget setup. this is a nice opportunity to ride the wave down. be careful of the news because this is a15 min zone. if there is news coming about euro or yen 15 min before the price entering our zone we would consider to not take this trade
drop a comment below if you take this trade