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USDCHF LONG IDEA - 300pips RALLY!USDCHF is currently pulling back and gearing up for the next IMPULSE leg of about 300pips. With DXY Breakout on Friday makes this trade setup a HIGH PROBABILITY SETUP. ENTRY (Confirmed Entry, Good Reward) -: Go LONG on USDCHF when it get close or touch the BASELINE. INVALIDATION If price 'CLOSES' below the SL provided by the SUITE INDICATORS, exit all SHORT. TARGETS USDCHF target here is at 800ema on H4 or 200ema on D1 P.S I trade with literally zero complicated analysis and still maintain 90% HIT RATE on my LIVE TRADES and ideas.
by TheHOODofCRYPTO
CADJPY PLAN!Hello traders around the world! My name is Alexandre Karim and today we will be talking about CADJPY. CADJPY is forming an ascending channel on the higher timeframe and following multiple touches on the upper TL. I will be focusing on the short on these 2 areas: 1) High of the middle section at (101.791) 2) Third touch on the upper TL at around (102.700 / 103.500) In these two areas, I'll be focusing on taking a reversal pattern for a short position. If the price breaks the lower TL around (100.300) area, I'll be waiting for a continuation pattern for more downside. Patience is key. Wait for quality set ups. #THEPRIMES
Short
by alex_k_95
GBPUSD 360pips FALL INCOMING!!! GBPUSD showing a lot of weakness, currently this pair is oversold, we got a DOUBLE SHARKFN on H4 and we are hitting the 200ema on H4. We are looking at a continuation setup here and to position for the next IMPULSE LEG we have to wait for GU pullback back up to the PMthH level for a SHORT. #1 ENTRY (Risk Entry, Good Reward) -: Enter SHORT ONLY when GU pullsback to PMthL (Possible H & S ) INVALIDATION Exit all SHORT here when GU breaks and CLOSE above the PMthH. TARGETS First TP on GIU is 1.23500 or until DXY reaches the 200ema on D1. P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
by TheHOODofCRYPTO
2
EURUSD 250pips SHORT - DON'T MISS IT! EURUSD crash coming with the confirmed BULLISH breakout on the DXY index. Now we are looking to play continuation on this pair. #1 ENTRY (Risk Entry, Good Reward) -: We already have a CONFIRMED ENTRY with a good risk however, to take entry, keep all emotions aside and only SHORT when we push back up to the 200EMA on H4. INVALIDATION IF we push back above 800MEA on D1 exit all trades or open a HEDGE. TARGETS IF we got a ENTRY TRIGGER, we are looking at EXIT when price gets close to 200EMA on D1 for a 300pips run. P.S I will post money making trades like this everyday and everything you see on my chart is from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator. (The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready). No trend lines or complicated analysis, all you have to do is FOLLOW!
by TheHOODofCRYPTO
XAUUSD 2023 YEARLY STRUCTURE OHLC [SELL SETUP🚨🚨 🚨]Please support this idea with LIKE if you find it useful. XAUUSD 2023 YEARLY STRUCTURE OHLC Bearish divergence starting from 01 July, 2020 to current market Price in the monthly time frame. Structure for this year is marked in red vertical line (January). Price opened high with April breaking above the open. Currently have price consolidating below the sell zone 2017.870. A strong resistance is also in place 2080.140. Waiting for a TDI cross to confirm the presence of sellers in market . Kindly target the yearly open 1931.722 as first Target after TDI crosses in the monthly time frame. Also find more entries in the lower time frame after this cross. Second take profit will be half of the “railroad tracks” at the open 1871.650 Trade with Caution. Wait for valid entries. Please support this idea with LIKE if you find it useful. P A T I E N C E + D I S C I P L I N E
OANDA:XAUUSDShort
by PeanutButter
1