This pair has has it's price rejected from the trend line multiple times on the 1HR chart and has also rejected breaking above the horizontal trend line, which has given me two confluences to go short. There was a shooting star created 1 day ago on the 4HR chart, however, i believe it was created because of the price reaching the next support level. I believe...
The pair had been sruggling to get above the consolidation point on the 1HR and 4HR charts. it has been in a strong uptrend since touching support at 1.2415. The pair stalled at this consolidation point but now looks to moved to the high and next 4HR resistance where I've placed my TP. the 4HR candle was bullish engulfing, I have taken a 2% risk on this trade. TP...
The price has not yet hit its weekly resistance level, so still has potential to reach this, yes it has broken out of the ascending wedge, however, it has met support at the 4HR level thus has created an indecisive hammer, usually occurring when the price is about to reverse. I have taken out the trade based on the 4HR timeframe and i believe price will reach a...
Price has reacted at the trend line and has made a shooting star 4HR candle, price should respect the trend line, it has been respected many times before and the shooting star for me is a double confirmation, also the price hit the 61.8 fib level where the shooting star was formed so should now also reverse to the downside, 3 conferences to the downside. TP @...
The pair broke the trend line and is heading higher with the long term trend, only risking 1% on the trade. TP @ 1.27213 SL @ 1.25965 R/R @ 2.33
A shooting star was formed on the 1HR timeframe just on the touch of the ascending wedge upper trend line. The 4HR timeframe created a dog at the trendily after a sharp bullish move, could be the formation of an evening star. This should be a short retracement before the trend continues upwards.
The pair broke the previous trend line where a lot of traders would have sold, the institutional banks should now push the price up as to stop out these traders. price should reach the next trend line, thats where my TP is. A hammer candle on the 4HR time frame was created and it is bouncing off of minor support. I have risked less on this trade, only 1% of...
This pair is on a short term price correction before most likely continuing its strong uptrend. it formed a shooting star on the 1HR timeframe, touched the previous high, and should now be making a interim low before containing upwards. TP @ 1.24937 SL @ 1.25468 R/R @ 1.5
The pair has been making HH's and LH's on the 1HR chart, it has also been bouncing from a 1HR descending trend line and has formed a shooting star on the 1HR chart. However there has been a 4HR hammer and bullish engulfing candle, which says the pair will go long. But the Daily shows a shooting star and bearish reversal, and the monthly has formed an indecisive...
I have taken another short on this pair, however this time i believe there's more confluences and its more of a high probability trade therefore i have increased my lot size and took on 2X the risk. A shooting star has been formed on the 4HR chart, and the price has bounced off the upper trend line of the wedge. As well as this the pair is trending downwards...
I have taken out a long trade, a shooting star has formed on the 4HR, price has bounced from the trend line and is also trending upwards. TP @ 0.72157 SL @ 0.71247 R/R @ 2.13
Took a short position on this pair, it has formed a shooting star on the 4HR chart, bounced from the trend line earlier and has bounced from the 0.382 fib level on the 4HR chart. TP @ 1.22272 SL @ 1.23461 R/R @ 1.69
Short trade taken. 4HR resistance is at this level as well as a Doji being formed on the 4HR could mean a temporary reversal. TP @ 0.75020 SL @ 0.75763 R/R @ 1.48
I have taken out a short trade on this pair, a dog has appeared on the wedge upper trendily resistance on the 4HR chart, and the candle before was a bullish engulfing, could be forming avenging star as bulls have lost their steam. Higher timeframes show a bias to the downside also. I have placed my TP at the 4HR support made by the previous low. TP @ 0.99992 SL @...
I have taken out a short on this pair as it should be retracing to the downside. Price came back up into the wedge and has formed a shooting star candle on the 4HR chart right at the resistance of the wedge upper trendilne. TP to bottom trendilne of the wedge. TP @ 113.905 SL @ 115.011 R/R @ 1.89
Entered a long trade on this pair, didn't quite catch it at the right time, wasn't monitoring the charts when it bounced from the weekly support. However, I still found an ample opportunity to go long when the 1HR candle closed above the trendline. I have placed my TP to the touch of the next trendilne. The daily is showing a bullish move up on the weekly support,...
I have taken a short position on this pair, it has been creating LL's and HL's on the 4HR timeframe, it is bouncing between the daily and monthly resistance levels so is currently on a downtrend on its way to the monthly level. The weekly level formed a shooting star a couple of weeks ago and is on a steep descent towards the monthly support. Monthly level is...
opened a short position on this pair, the pair is at a daily resistance level and failed to breakthrough, also a tweezer top was formed at the resistance. Therefore i have taken out a short position with the TP level at the 0.382 fib level and daily support. TP @ 0.73826 SL @ 0.75211 R/R @ 1.54