A 3-in-1 trade with only 70pips risk, Inside hour after 0.618 retracement with abundant ema correction room it's really a good trade for me. Just got some, let's see how it goes yo!
EURUSD had hit the entry of the bullish butterfly, and now its 4hr chart closed as a hammer with abundant EMA correction room. I'll be interested in this ema correction trade if it's able to break to the upside. Let's see how it goes yo!
Most of the pairs got inside days yesterday as the market didn't do much in 7/4. Among them I'll be focusing on this GBPJPY as it got enough rooms for correction, and also, there will be NFP number today so trading GBPJPY may be a better option before NFP releases. It's rare to see a 30 pips inside day for the king of fluctuation, so it would be an attractive...
The long-waited EURUSD 0.618 and butterfly combination finally took place! Here we got an inside 4hr with abundant rooms for 8ema correction, a very worth-taking trade! Let's see how it goes!!
When it comes to an ema correction, there will probably have a larger time frame trend and a smaller time frame trend that conflict with each other. Most of the time, we respect larger time frames more so that I always say "an 8/21 ema correction won't change the original trend" . It'll be even better to have signals like inside bars when ema correction...
GBPUSD has a great harmonic patterns combination recently, the bearish one perfectly caught the slump after Draghi's speaking. Now it hit the bullish one and formed an inside 4hr, with abundant 8ema correction zoom. That will be an interesting but risky long, while it's a good combination of harmonic patterns, inside bar, and EMA correction. So I'll pay careful...