GBPJPY RISKY SELL 1. 4H Consolidation structure was broken the downside 2. Price made a new Lower Low 3. I'm thinking that the price will respect the last lower high and price will break the last lower low 4. Right now I'm in a drawdown 5. still holding this trade and see how it will played out 6. I'll put my SL to B/E if price go to 1:1rr 7. Still trusting my...
TRADING PLAN 1.Spotted a Significant level in Daily Time frame 2. Price formed a Bullish trendline 3. Price Break and retest the trendline going to the down side 4. After retesting the trendline Price Close a Bearish Candle 5. Entered with a market execution already 6. Aiming 1:2.5RR 7. SL Just above the Lower High Area 8. When Price Hit 1:1 Put SL to B/E and...
TRADING PLAN 1.We spotted a major support level below 2. Bearish trendline is confirmed with 3touches 3. Price break our bearish trendline but price is still consolidating 4. I want to see a strong breakout around 0.66200 level 5.Then we enter with a retest @0.66077 6. Once price went to 1:1RR you can take half then put SL TO BE 7.Let it run and Goodluck
TRADING PLAN 1. Spotted a Major Resistance level in 4H 2. Price breakout from the consolidation going bearish 3. made a rising wedge 4. Broken the wedge going to the down side. 5. Stop is above key levels 6. When 1:1 is reached SL to B/E 7. Looking forward for 1:4RR TRADE GOODLUCK TRADERS
Trading Plan 1. I spotted a resistance level in H4 2 Spotted a rising channel 3. Channel was broken with a strong bearish candle 4. Enter a SELL LIMIT with a trendline retest 5. 1H formed a evening star pattern for another confirmation 6.Priced Hit TP1 7.Trade is still running with SL/BE TRADE WINS TOOK 1:1R
AUDUSD SELL PLAN 1. Daily TF is bearish 2. Still Respecting the bearish trend line 3.1h TF formed a Double top pattern 4.Neckline broken with a strong bearish candle 5.1h bullish trendline broken 6.Looking for another retest 7.1:2rr
GBPJPY BUY PLAN 1.Price need to close above 181.466 2.Retest on the last high or neckline 3. Closed above bearish trendline 4. Confirmed double bottom pattern 5.1:2 RR GOODLUCK!
Trade Confluence 1.Daily Support 2.Price Broke Bear Trendline 3.Broken Neckline 4.Possible Retest 5.Inverted Head and shoulder PLAN: 1.ENTRY RETEST (0.89460) 2.1:2 RR 3.SL BELOW THE LOW
Just base on my strategy. -Double top pattern -Neckline Break out of the pattern -Higher High area looking for sell -Looking the market to break the upside trend Goodluck.
Price break the trendline- Formed a double bottom pattern- Break the neckline- Just waiting for the bullish candle for buying signals GOODLUCK TRADERS!
GBPJPY SHORT PLAN -Price is downtrend Channel -Price is now in a Lower High area -Waiting for the price to create a double bottom pattern with a neckline break out and retest before shorting Disclaimer: This is my own opinion with the pair.
The price is currently trading within the range 1.97500 and 1.92000 I will personally go for a short trade only, when the price breakthrough the rising wedge and retest the zone. also, we wanted to see a break and retest from the last higher high. Only take shorts when we break the structure GOODLUCK TRADERS!
REASONS FOR ME TRADING THIS TRADE NEXT WEEK - 1:4RR - 4H TRENDLINE BREAK TO THE DOWNSIDE - WAITING FOR THAT TREND RETEST - MARKET ABOUT TO MAKE A NEW LOWER HIGH IN 1H - LOOKING FOR A REVERSAL IN SMALLER TF - WAIT FOR CONFIRMATION - WAIT FOR MOMENTUM LOSS OF THE BUYERS - LOOK FOR CONFIRMED REVERSAL PATTERNS GOODLUCK TRADERS!
Weekly Trendline Daily Channel 4H Morning star 1H double bottom patterns
Today, the price is in a weekly support and we can wait for a bullish reversal pattern before we enter the support line or wait for the bearish trend to be break and wait for the retest before entering the trade.
I think gold will gain some up trend momentum. also, it can might give us a inverted h&s in 1hr time frame. and another potential symmetrical triangle forming for a long term Goodluck traders I hope you like this idea!!