Trend : Range / Side-way. Possible Pattern : Cypher Trade Plan : 1- Wait for retracement and go short when pair continue to reach Point D or 2- Wait until pattern completed and enter long.
The progress to finalized the Point D not yet finished. Wait for reversal candle before going long.
EURJPY still trapped in range trading. Is Butterfly a possible pattern. Can trade long first after take off from Point C and then short at point D.
TREND: Trapped in triangle. However, there is minor bullish trend in uptrend channel. TRADE PLAN: Wait for retracement to the support level and go long with reversal candle.
TREND : Bearish TRADE PLAN: No trade plan until there is clear structure.
Trend : Bullish My plan : Wait for retracement completion and go long with reversal candle.
Trend : Daily Bullish Wait for breakout at 4H or 1H.
What I see? Daily - Bullish H4 - Sideway Pattern - I don't see pattern in H4. My plan: Long if MACD >0, Pair > kumo. SL below kumo
As long as MACD bullish and Pair above Kumo on H4 chart.
As long as MACD < 0 and Pair below Kumo, I see a potential short. Wait for retracement and entry when breakdown.
Daily - Bullish H4 - Sideway Pattern - Flag likely. Idea: Short when MACD <0, Pair below kumo and breakdown trendline. Put SL if Daily trend want continue bullish.
Daily - Bullish H4 - Sideway Pattern - Triangle likely. Idea: Long if MACD >0, Pair > kumo and breakout triangle. SL below triangle.
Wait for breakdown and other setting meet requirement.
Simple trade using trend analysis. Run away if trend change to bullish. Daily : Bullish H4 : Bearish. Idea: Trade in H4 and close also in H4 chart. Check the nearest target for partial profit or using trailing stop. In my mind: I maybe wrong as higher TF is contradicting the smaller TF (H4). Beware of the risk.
Trend: Daily - sideway, H4 - bullish. Idea : Trade long with SL. Immediate target : 1.2875