# Resistance level reached # Bearish engulfing completed # Trading back down to support Shorted @ market price 0.65750 # SL above bearish engulfing @ 0.66105 # TP lower @ previous lows 0.65308 To learn the dynamics behind the analysis, please join my mailing list using the link below zc.vg As usual don't bet the farm. Good risk management won't kill you but...
NZDCHF view as on D1 The triangle pattern marked is indicated by the MT4 indicator Markup Buddy. This indicator is excellent in drawing key support and resistance levels where chart patterns then come forward. # For more information on Markup buddy please read here www.profitfxza.com See my analysis below while using this tool: # Price has printed a buy...
Price has printed a buy signal on the trend line (doji) Note the ascending triangle pattern, so this setup offers a great risk to reward ratio! Entering at market price 0.68417 with SL below the low at 0.68154 and TP as per the triangle pattern target IF it breaks higher at 0.70768 Don't bet the farm, always exercise good risk management! Follow me in Telegram...
Check out the ascending triangle pattern and more interestingly the bullish inside bar pattern. IF the current candle closes bullish above the inside bar pattern it is a price action buy signal. Follow me in telegram messenger using the link below for live updates.