Market printed harmonic pattern on H4/Daily. The market printed a descending channel (reversal) near the completion of the harmonic. I executed upon the breakout of the descending channel. SL is below channel to reduce risk and increase profit margin. NOTE: Though the USD seems dovish, all CAD pairs are reversing or a critical levels. Major news tomorrow so I'm...
Market printed a strong bullish move followed by a bullish flag. I executed upon break of flag TL and MACD crossover. SL is below flag. R/R is greater than 1:1.
Market has been on a bullish trend. I waited for the flag to confirm a possible continuation. The market has broken the TL of the flag and MACD has crossed over to be bullish (Renko). SL is below the flag. Note: a lot of EUR news tomorrow. I'm hoping this position will hold.
Same setup as previous analysis. The prior trade went for 10 pips in profit however the market seem to create a larger flag. The market broke TL with strong momentum and MACD crossover seems to be stronger as well. Note: looking at Renko, the market retested the previous resistance as support and printed a brick w/ a wick.
Harmonic (Gartley) pattern formed. Waited for the ascending channel to complete before executing trade. Market reached previous high (supply zone) and printed a double top ('M') formation. Broke out of the ascending channel and formed a bearish flag. Executed trade upon retest of 'M' formation. Note: Market broke Daily TL and has been bullish for several days....
Market broke daily trend. All JPY pairs are bullish (JPY weak). Market surpassed previous resistance then printed a pullback retesting zone as support. Executed on Renko MACD crossover. SL below flag. Multi-time frame analysis: Renko H1 bullish market, M30 flag, M15 execution.
Market broke Daily TL with an impulse followed by a bullish flag. MTFA (Renko): H1 bullish market, M30 identified flag, M15 execution. Though the market did not break TL on the candlestick chart, the momentum in price has shifted on Renko; therefore I took the trade. SL set below previous bullish impulse; another indication price will not return to the low.
Market in a downtrend. Identified flag on Renko M30 and executed on M15 when MACD crossed over. SL set above flag and target at the completion of the potential BAT pattern.
Market coming from demand zone with bullish impulse and starting bullish trend with last week's move. 3-time frame Renko analysis: H1 bullish market, M30 identified flag, and M15 executed with SL below flag. Noted possible butterfly (harmonic) pattern to indicate bullish potential to the completion of pattern.
Market is in uptrend. Noted bullish flag and TL break. Renko indicates bullish market. Executed trade on TL break and M30 MACD crossover on candles. TP1 at 1:1 reward/risk ratio. TP2 near previous resistance and near 2:1 ratio.
Market printed a harmonic (BAT) pattern on the Daily. Market broke daily TL and printed a bullish impulse followed by a flag retraced to 50-61.8% zone. The buy is executed when market broke TL of flag and H1 MACD crossed over.
Market printed bearish harmonic (BAT). IM Mastery Academy signaled to sell. I executed sell when market broke TL and M15 MACD crossed over indicating bearish momentum. Expecting this to be a short term sell to TP1 of harmonic pattern.
Market printed a bullish impulse breaking TL. H4 MACD crossed over indicating bullish momentum. Market began to pull back and H1 MACD pulled back to the baseline. Market printed two railroad candles at the bottom of the flag and broke TL of flag to execute trade. Targets are at previous high to Note: market is outside London session. I will observe if a better...
Looking to stack this trade for the continuation. Market printed a Railroad candle at top of flag. H1 MACD displayed an NPN formation giving confidence to execute on TL break. M5 Renko MACD also formed an NPN formation. SL set above brick w/ wick and Target at TP2 (completion of harmonic pattern).
Market reached demand zone nearly completing a crab (harmonic) pattern. Market printed a bullish impulse followed by a bullish flag. The H4 MACD is bullish. I executed the trade on the TL break of the flag and H1 MACD crossover. SL set by nearest Renko brick w/ wick to reduce risk. Note: the overall trend is bearish. I executed this trade for best position if the...
Market reached a demand zone and reacted with an bullish impulse. Market broke daily TL and surpassed previous LH confirming a change in structure. Market printed a bullish flag pattern. I executed upon TL break of flag and H4 MACD crossover. SL set by Renko brick w/ wick.
Market reached supply zone and printed a large wick on the daily time frame. The market seems to have created an "M" pattern. Executed the sell at the break of resistance creating a LL. If market continues with bearish momentum it may complete a BAT pattern. The M15 Renko did not print a brick w/ wick so I set SL above the wick of the candlestick.
Market is in a down trend, retraced to .50 to .618 zone and broke TL. Executed on M15 flag TL break and MACD crossover. M15 Renko printed a brick w/ wick for SL. TP targets at previous levels and TP3 at 127 extension of bearish impulse.