UsdJpy with Fibonacci tool - UPUJ seem to make a pretty smooth fib reaction on one-hour timeframe which is the most popular time frame. I see this as a buying opportunity because the major momentum is up. You can see trend going from bottom left and up. If this Fibonacci is placed right, then we do have 105 to 155 pips on our hands.
M-trader
SOYBN/USD ShortPositive Confluence Factors... (12)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present?
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value?
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present?
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (2)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)? ❌
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
AUD/CAD ShortPositive Confluence Factors... (11)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present?
6. Near miss present (below price if looking to get short, or above price if looking to get long)?
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present? ✅
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present?
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present?
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss?
Negative Confluence Factors... (1)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
NZD/USD ShortPositive Confluence Factors... (13)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present?
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss?
Negative Confluence Factors... (1)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
Our Mind's - Our greatest gift as a human being Our mind's, is our greatest gift as a human being, yet most people use their mind to create unnecessary suffering.
How our minds work is fascinating. The brain can be our best friend or our worst enemy.
Our mind is the problem. Our mind’s core objective is to keep us alive and avoid pain. We are automatically wired to think in a way that keeps us alive.
This thought pattern is hard-coded into our DNA. It might keep us alive, but it makes trading difficult
The very thing that keeps us alive is the very thing that makes trading an incredibly difficult proposition,
until you have learned how to counter your hard-coding. The issues we face largely fall into two categories:
1. We associate this moment with another moment, whether we are conscious of it or not.
2. We have a mind wired to avoid pain. We have learned to associate in order to benefit from experiences.
Association (connecting past moments with the present moment) and pain avoidance do not go hand in hand with trading.
Association and pain avoidance are detrimental to profitable trading, in trading each moment is unique, and anything can happen.
Trading is the equivalent of a coin-flip game.
Emotions kill trading accounts. It isn’t the lack of knowledge that’s stopping you from winning big.
It’s the way you handle yourself when you are in a trade.
In life, outside of trading, one way to deal with the pain is to talk to someone. As the saying goes, a problem shared is a problem halved.
Why a painful experience feels less potent after we have shared it with a friend? don’t know. Maybe the act of verbalising the disappointment puts the problem into a healthier perspective. Either way, you feel better, and the pain subsides.
But when you are in trading, while the majority look to run away and rid themselves of pain, you must do the opposite. you must run towards it. you should embrace it. you don’t want to share your pain. you want to hold on to it. you need it.
Whether you are new to trading and speculation, or you have years of experience, you should give this question some serious thought:
If you want to be a success in a field where 90% or more fail, how do you think you should approach this task?
Best Loser Wins - Tom Hougaard
GBPUSD: Bearish Outlook For Next Week Explained 🇬🇧🇺🇸
The month of May turned out to be quite bearish for GBPUSD:
the pair keeps breaking multiple supports.
An important demand zone was broken last week.
1.2345 - 1.2408 are turned into a strong resistance now.
I willl expect a bearish reaction from that at least to 1.2285.
❤️Please, support my work with like, thank you!❤️
SOYBN/USD ShortPositive Confluence Factors... (12)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present?
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value?
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present?
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (2)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)? ❌
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
AUD/CAD ShortPositive Confluence Factors... (11)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present?
6. Near miss present (below price if looking to get short, or above price if looking to get long)?
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present? ✅
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present?
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present?
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss?
Negative Confluence Factors... (1)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
NZD/USD ShortPositive Confluence Factors... (13)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present?
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss?
Negative Confluence Factors... (1)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
AUD/USD ShortPositive Confluence Factors... (13)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present?
6. Near miss present (below price if looking to get short, or above price if looking to get long)?
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present?
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss? ✅
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (0)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss?
15. Entry around swap hours?
16. Entry directly before major news announcement?
GBPUSD: Important Breakout 🇬🇧🇺🇸
GBPUSD broke and closed below a solid horizontal demand zone on a daily.
The broken structure turned into a resistance.
I will expect a bearish continuation on the pair.
Goals will be 1.2286 / 1.221
For entries, consider the occasional retest.
❤️Please, support my work with like, thank you!❤️
GBP/CAD ShortPositive Confluence Factors... (12)
1. LTF and HTF direction in alignment?
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation?
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)?
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (2)
1. Counter to HTF trend? ❌
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
GBP/CAD ShortPositive Confluence Factors... (12)
1. LTF and HTF direction in alignment?
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation?
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)?
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (2)
1. Counter to HTF trend? ❌
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
EUR/NZD ShortPositive Confluence Factors... (15)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation?
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present? ✅
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (1)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)? ❌
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss?
15. Entry around swap hours?
16. Entry directly before major news announcement?
GBP/USD LongPositive Confluence Factors... (13)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)? ✅
3. HTF candlestick confirmation?
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present?
6. Near miss present (below price if looking to get short, or above price if looking to get long)? ✅
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value? ✅
11. Fairly flat structure present?
12. Expanding pattern present? ✅
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present?
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss? ✅
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (0)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss?
15. Entry around swap hours?
16. Entry directly before major news announcement?
GBPNZD Buys | DR Ramz Trade IdeaPrice broke past 8 hour structure, along with a retest of the daily 50 ema & order block. These are signs that price may want to reverse tp the upside. I'm expecting a full retest of my POI (Point of interest) to look for a buy entry. This is a potential 400 pip move. So make sure to stay updated
GBP/CAD ShortPositive Confluence Factors... (12)
1. LTF and HTF direction in alignment?
2. At edge of HTF structure (in green zone)?
3. HTF candlestick confirmation?
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)?
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present?
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (2)
1. Counter to HTF trend? ❌
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)?
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
EUR/AUD ShortPositive Confluence Factors... (16)
1. LTF and HTF direction in alignment? ✅
2. At edge of HTF structure (in green zone)? ✅
3. HTF candlestick confirmation? ✅
4. Trade setup visible on multiple time frames? ✅
5. Break out of structure and a break back in present? ✅
6. Near miss present (below price if looking to get short, or above price if looking to get long)?
7. Reliable looking sequence of flags present (if looking for further continuation)? ✅
8. Correction/s I'm looking to get long or short within and/or on the break of proportionate to preceding impulse? ✅
9. M style pattern present? ✅
10. Structural approach to area of value? ✅
11. Fairly flat structure present? ✅
12. Expanding pattern present? ✅
13. Equal spacing present? ✅
14. Clearly identifiable middle section present? ✅
15. Head and shoulders pattern present? ✅
16. Decent R:R available? ✅
17. No hook point sat just beyond stop loss?
18. Protection available for your stop loss? ✅
Negative Confluence Factors... (2)
1. Counter to HTF trend?
2. Not at edge of HTF structure (in red zone)?
3. Trade setup only visible on one time frame?
4. Price only wicked to area of value on multiple time frames?
5. Near miss present (above price if looking to get short, or below price if looking to get long)? ❌
6. Unreliable looking sequence of flags present (if looking for further continuation)?
7. Correction/s I'm looking to get long or short within and/or on the break of disproportionate to preceding impulse?
8. Squeeze present (structure not parallel or expanding)?
9. Fairly steep structure present?
10. Very unequal spacing present?
11. No clearly identifiable middle section present?
12. Excessively voluminous middle section present?
13. Limited R:R available?
14. Hook point sat just beyond stop loss? ❌
15. Entry around swap hours?
16. Entry directly before major news announcement?
SasanSeifi 💁♂️EURUSD👉4H 🔻▪️Hello everyone ✌ In the 4-hour time frame, as you can see, it is currently trading in the range of 1.079.
The scenario that we can consider in the time of 4 hours, due to the positive reaction to the price range of 1.076, the possibility of a slight positive fluctuation of the price can be considered, and then we can see further correction of the price.The corrective targets are 1.075 / 1.073 / 1.071 / 1.069.
❗️
🔸The possible trends are also marked on the chart.
⚠️In case of a positive fluctuation, to better understand the movement process,WE have to see how the price will react to the resistance range of 1.083/1.089. Otherwise, if it penetrates above the price range of 1.089 and stabilizes, the possibility of fielding the desired scenario can be considered.
❎ (DYOR)...⚠⚜
What do you think about this analysis? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌