Kumasanfx

Kumasanfx

USDJPY candle break out below uptrend line. PoC is also at the top with candle closed below PoC. SELL this pair with speculation that it will be start of 1. corrective wave 2. reversal to downtrend

Kumasanfx

Right now, it is a low-risk speculative buy for EURUSD. Breaking red and white downtrend line could indicate longer hold.

Kumasanfx

Simple idea. A break of red downtrend line will trigger Long trade. Use previous low as a stop price.

Kumasanfx

Risk taking decisions Trade setup 1) Price reach supply zone 2) Price stay under uptrend line 3) Risk/Reward ratio more than 3 Trigger 1) Short if price break down from the wedge. 2) Short if price break up and fall right back below wedge The Stop Loss Close short if price goes above previous high The Price Target Target 1 : 980 Target 2 : 970 The...