OldAccount2
GOING SHORT PRICE BROKE THROUGH STRONG TRENDLINE AND RETESTED NOW PRICE HAS PUT IN A NUMBER OF BEARISH SIGNS SELL ALL THE WAY TO TP :)
I took a sell trade over a month ago This setup may seem crazy and unrealistic but i truly believe take profit will be hit by the end of 2016 Reasons behind this many reasons which i will not go into but if anyone would like to no why contact me i have no issues with explaining :) 8000 pips here we come
We are placing a pending sell order in at 133.300 1. waitng for a little pull back to get a better RISK REWARD 2. price has come to strong trend line which has held up well in the past 3. congestion in this zone and looks like price has found some bearish momentum 4. daily chart put in a doji 5. price has bounced of trend line action as support and alot more
1 price has come to my zone to sell 2 price made a higher high like i new it would in order for anymore bearish action 3.price has shown bearish movement near trend line 4 price has put in a bearish shooting star 5 3 bearish soldiers 6 price bounced of strong trend line acting as RES 7 price has been making lower lows and lower highs (DOWNTREND) follow the...
Clear break of trend line re test of trend line and strong rejection and push of trend line clear bearish movement price seems to want to make lower lows and lower high
Setup Reason 1.Price has hit strong RES and bounced off 2.A 3 bearish candle stick formation bouncing of RES 3.Therefore showing a change of momentum 4.Also after news on Friday price needs to correct before we see any more bullish movement
Setup reasons 1. support level has been touched and bounced 2. price has left a pin bar to signal a reverse 3. bullish candle show a change in momentum 4. bounce of long term strong trend line
1.Price has been making lower lows and lower highs 2.Price has been extreamly bullish in october since its been fluctuation 3.now price met strong RES its dropped and has been bearish for the past 5 days 4.price broke through trendline and now resting it also be careful of non farm news out on friday so therefore i believe price will make another low with a...
My reason Behind this trade setup is clearly you can see its created a mini resistance which was broken also trend line was broken therefore next level will be reached IMO at 1.0800
After a slow week another setup 1.Break of long term trend line 2.Break of strong RES level. 3.Numerous tests to try break back through trend line to down side but previous RES acting as support now 4.Bullish engulfing taking out the past 20 hours of price action
So .... 1.we have a strong trend line acting as RES 2.we had a fake break out 3. price has dropeed after the retest of trendline 4.bearish engulfing on previous 4hr candle 5.daily candle is a bearish hammer
Reason behinf this setup .. 1.firstly a touch and bouce of strong trendline RES 2. if you go down to 4hour chart higher highs and lower highs where being made but price action violated that patern 3.daily candle is a strong bearish candle
Bassed of a 4 hour chart price has been making higher highs and lower highs but price came to daily leavel of RES and was not able to make any more bullish movement and was unable to make a higher high and also unable to make a lower high so therefore i believe the bullish momentum will now turn to downside momentum Also trading the break of trendline
After break of trend line last week price came back to re-test the trend line which held up and now has pushed of it leaving a tweezer bottom candle formation in place which add too confluences. Also weve been getting higher highs and lower highs which clearly show bullish trend and momentum so for me i will be long on this pair Happy trading ;)
My reason behind this setup is quiet simple and all down to price action as you can see we have been trapped inside a rang for almsot 63 days and after 6 bullish days in a row it has met strong resistanceand after the daily candle close if it stays bearish i will enter short (ONLY ON CLOSE OF DAILY CANDLE) This will be more aggresive entry but if you want to...