KingCobraFX

KingCobraFX

Weekly- ema align for short Daily -rejection of 50ema -support turn resistance 135.50 -fib retracement 50% 4h -double top reversal rejection of 200 EMA

KingCobraFX

Confluence 9-28-2015 Weekly bearish 50 under 60 ema Daily- 50 and 60 ema Crossover Breakout and retest of 135.40 previous support turn resistence Fib 50% retracement CTT Short 4h Price rejecting weekly pivot and daily pivot Rising wedge continuation CTT short 1hr Wait for breakout of trendline and retest SL 70 pips 2:1 Place behind 200 and 250 ema on 1hr...

KingCobraFX

Confluence 9-24-2015 Daily -Shooting Star -Rejection of 50 and 60 Ema -Breakout of trendline retest 4hr -50 and 60 crossover -Rejection of 50 and 60 ema -Rejection of 200 and 250 ema -Fib 50 % retracement 1hr Wait for 1hr CTT to turn short -60 to 70 pip SL and target 2:1 other confirmation is Daily, 4hr CTT short