Will enter on a upside squezze/spike This trade is really moving and one need a wide stop My target is demand zone underneith current price action This is a pullback trade and levels could just as easily be used to go long again
Will enter on a continuous upside squezze/spike Target is demand zone just under neith current price action Yen is weak as always so I wont set a lower target than this right now It is more of a pullback trade and this level could be treated as an entry to go long again
Will enter on the 3rd up on a spike Will hold this trade for at least a week Target is inner trend line - possibly lower at least to previous low under trend line
Will enter on the 3rd leg down on a spike Will hold this trade for at least a week Target previous high - possibly higher
Once one have ones trading plan for the week set and many pairs to keep track on.. or just wanna be able to do some shorter intraday trades then this setup is awesome. All indicators here on TV
Once one have ones trading plan for the week set and many pairs to keep track on.. or just wanna be able to do some shorter intraday trades then this setup is awesome. All indicators here on TV
Posting this one which I use for 3 trades Crude oil USDollar and USDCAD
I would have liked to see a little bit deeper pullback and re-test, but this is sometimes all you get and the price took off like a rocket from leg 1. Leg 3 is approaching target. (not visible on chart but fib 1.618)
No breakout is safe to trade without a successful re-test and thats what I want to see now. Will check 240 for more details See weekly chart for this trade
This is very interesting Downside target just recently complete by reaching fib 1.618 Now we should be able to look forward to a 3 leg upward movement, but wait to see a pullback (Daily or weekly) and for it to be rejected before going long I have posted similar candle charts to this idea before
This is very interesting Downside target just recently complete by reaching fib 1.618 Now we should be able to look forward to a 3 leg upward movement
Leg 1 and no pullback as of yet. Will need to see one in order to plan ahead. But looks promising to continue to climb
See levels on chart will look at daily and weekly as well