IT ALL MAKES SENSE NOW!! EURUSDOn a bullish day look for price to short 1-3 Standard Deviations before the Algorithm begins to LONG Price.
On Bearish Days look for price to Long 1-3 Standard deviations before the algorithm engages the short.
You can trade with this information both ways when you know the bias of the day.
It’s safer to WAIT until price hits the standard deviation that is closest to the ADR of the asset that you are trading that day.
This will give you accuracy and confidence when the long or short is initiated.
The shorter DR that creates the standard deviations the more accurate. DR 25-35 pips tends to give you the greatest accuracy.
Anything over 40 pips tends to have variables: News 📰 Heavy Consolidation, and seek and destroy algorithmic profiles✅ 🔼
I AM #SmartMoney aka Master Jedi & SENSI of #SniperGang
EVERYBODY EAT$$$$$
4hrshort
4 HR TF Break DownThe narrative for this short set up is this:
When the 4hr breaks out of a consolidation zone from the 15min TF huge opportunities for high probability entries present themselves.
When you see the opportunity at the beginning of the break cease the moment.
You're either right or wrong.
A tight SL will take care of the RISK if you're wring,
But it sure feels good when you're right!
As always never overleverage.
Trust your trade set up.
Have fun!
I AM Pro Trading Made Simple
EUR/GBP Short Updatedshort opportunity on the 4H for the EUR/GRBP pair, possible 100+ pips.
Broken triangle suggests a likely continued descent downwards.
respecting fibonacci levels and support lines
broke structure and went past previous diagonal trend line
still showing signs of a continued downtrend,
as price respects second diagonal trendline
EURUSD - SHORT POSITION (4HR)FX:EURUSD
CONFLUENCES:
- Bearish market structure confirmed by MA crossover (Elliot Wave 5th leg)
- Head & shoulders pattern formation
- Break and retest of the larger uptrend
- Rejection of daily 51 EMA
- Rejection of 78% Fib level
- DXY has reached significant support so hope to see DXY strength in coming days
EURAUD SHORTI am taking this trade from a 4HR AOI. Sell is valid unless price breaks above and stays above current zone.
Looking for follow through past current support on the 15m TF for conformation. Will take the short to any of the TP's shown but the final TP is the D support zone.
If price breaks above the zone, I will be switching bias and looking for a buy. News is approaching so I'm will be careful/mindful.
I feel more comfortable taking this bearish trade after such bullish momentum only because 4HR structure is still bearish. Price also broke out of the zone (bearish) and then retested, creating a double top. Going to watch and wait for further confirmation.
EURUSD |SQUEEZE| Simple Technical AnalysisEU has been in downtrend for the past 12 months and has created a falling wedge on the weekly indicating that bulls are getting stronger. Bulls have found some support at 1.1110 which was last tested in May 2017. staying on the weekly there is a 60 pip demand zone between 1.1110-1.1170 which we have dipped into 4 times since April 22nd, each time bull have defended the area forming pin bar rejection candles. For the bearish trend to continue we need a significant break of this area bringing the next weekly support into play (150 pips away) and then the next (300 points away).
On the daily we have triple bottom indicating that the downtrend is decelerating or may be over but technically this market is still bearish, so I suspect there is another leg down to the 1.1110 area and possibly a new low. I will only be considering longs once we get a significant break and close above 1.1220.
On the 4hr we have a head and shoulders (cleaner on the 1hr) which drove prices from the demand zone straight into resistance of 1.1180 which is also our 61.8 fib level giving us a high probably short setup with the trend.
This market may initially break to the downside enticing breakout traders to enter short then reverse to the upside so trade with caution and be ready for all eventualities.
Need TP for my BungHoleIm Dumpin XBTUSD until further notice. But this is only a 50/50 guess, right.
Bitcoin is either going to go UP or Down...
Position Size : 10%
Leverage : 10x
ENTRY : 5285-5330
Target 1 - 5230
Target 2 - 5186
Target 3 - 5070
Target 4 - ????
STOP LOSS: 5462
Risk: 7/10
****DYOR****
FALLING WEDGE ( A T )Dear Traders & Followers,
There is a possibility to go SHORT from current price or 88.10
to the level of or 87.30,86.50.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
RISING WEDGE ( A T )Dear Traders & Followers,
There is a possibility to go LONG from current price to the level of 0.9950 or 0.9975 then SHORT
to the level of 0.9740.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
EXPANDED TRIANGLE (A T )Dear Traders & Followers,
There is a possibility to go SHORT from current price .07050
to the level of 0.6920.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
BEARISH FLAG ( A T )Dear Traders & Followers,
There is a possibility to go SHORT from current price
to the level of or 0.7560,0.7530 .
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team