Bluecandle
USDCAD - Long Entry on Support + Confirmed ReversalOn this 2h Setup we have found a nice Inside Bar - Blue Candle aswell - followed by strong entry bar the confirmed Reversal here
The Goal buy as low as possible in the Blue Candle Range.
We Have 3 Resistance Points on this Setup in the upside area:
1: 1.32223
2. 1.32381
3. our Final TP area of 1,32525 we could take some off at previous Resistance Points like 20% steps - but i'll let it run till Final TP area.
NZDUSD - Confirmed Reversal The oversold Momentum Peak (2nd panel) gives a good bottoming signal while we get Reversal signals aswell (blue candles) followed by the valid Reversal (z) given this setup is quite profitable is fair to use over 2% equityrisk.
The SL can be a new Low or the low of the Blue Candle
USDJPY - Blue Candle + CR UPAgain a nice setup here:
- Blue Candle + CR UP (green candle which i personally don't like very much - because it's mostly a fomo toppish reversal) -> so some bids plcaed inside the Blue Candle range (100.677 - 100.856)
- Strong Inside Bar on Support followed by this strong Entry Bar
Given this Setup has a potential Successrate of 42,6% and R/R 2.98 = optimal equityrisk for me is around 2,5%
AUDUSD: Strong accumulationWith the 4H Blue Candle + Confirmed Reversal (CR UP/O) showing a strong buying intrest in this area.
The goal: buy as low as possible in the Buy area to start off with a nice solid position.
Given the current setup of a success rate of 43,91% and the R/R of 4.73 a good Equity Risk is 3%