4hr and 1hr timeframe showing bearish ideas closing the AUS session and the Tokyo session showing no sign of moving up.
If a strong candle pattern presents itself inside the zone The plan is to take 3 sell positions.
1st for a 1.5:1 with stop loss just above structure with the 2nd and 3rd positions stop loss in the same location and the TP at the first structure...
GBPJPY playing around structure on the 4hr, 1hr and 15min.
If a strong candle pattern presents itself inside the zone The plan is to take 2 buy positions.
1st for a 2:1 with stop loss just under structure with the 2nd positions stop loss in the same location and the TP at the previous strong high. once TP1 taken S/L on the 2nd position will be taken to break even...
EURUSD currently in bull flag pattern preparing to continue to the upside.
large push to the downside on the 4HR chart looking for it to overextend itself and probe the 1.13150 level before making a push long.
if the theory is correct my entry will be hit I will be looking to go long.
Entry: 1.13180
SL: 1.2980( B/E AFTER TP1 HIT
TP1: 1.13940(R/R 3.8)
TP2:...
EURAUD has 3 touches on the channel with movement to the downside past the major S/R line and bottom of channel
waiting for retest of minor S/R just outside the channel for short opportunity. for move to the previous major low.
Entry: 1.62225
SL: 1.62525(BREAKEVEN AFTER TP1 HIT0
TP1: 1.60725(R/R 5)
TP2: 1.5975(R/R 8.25)
TP3: 1.5680(R/R 18.1) - THIS IS THE...
On the 1HR AUD CAD has broken the 200MA and the Dynamic S/R created by the 50EMA.
3 touches on the MAJOR S/R gives strong indications to reverse and start to move to the upside.
If my theory is correct I will be looking to place my trade.
Entry: 0.91965
SL: 0.9155(BREAKEVEN AFTER TP1 HIT0
TP1: 0.9360(R/R 3.95)
TP2: 0.9610(R/R 9.95)
TP3: 1.01145(R/R 22.15)...
EURCHF 3 touch on the 1HR with a 3rd touch on the wedge formation/flag and test of the dynamic S/R and failed to hold above.
Looking for a short opportunity short. If theory is correct I will be looking for
Entry: 1.1105
S/L: 1.1.11185(BREAKEVEN AFTER TP1 HIT)
TP1: 1.1085(R/R 1.5)
TP2: 1.1057(R/R 3.6)
TP3: 1.1.001(R/R 7.7)
USDCAD 3 touch possibility on the 1HR with a 3rd touch on the Bear Flag and test of the dynamic S/R sitting just above the candles.
after the rejection of the 3rd touch/Dynamic S/R looking to short. If thesis is correct I will look to have
Entry: 1.3220
S/L: 1.3235(BREAKEVEN AFTER TP1 HIT)
TP1: 1.3188(R/R 2.15)
TP2: 1.3150(R/R 4.7)
TP3: 1.3075(R/R 9.7)
GBPCAD showing strong bull candle off the bottom of the channel on the 2nd touch close to S/R on the Daily and showing momentum on the 4hr. Theory is that it will continue to the upside over the coming month or so.
Entry: 1.6870
SL: 1.6620(BREAK EVEN AFTER TP1 HIT)
TP1: 1.7210(R/R 1.4)
TP2: 1.7740(R/R 3.5)
TP3: 1.8790(R/R 7.7)
AUDUSD looking to hit the top of the descending channel and ascending channel with 3 touches and meeting with the S/R.
Gives me the strong idea that price will reach the touch zone and fall towards the downside. If my thesis is correct my set up is.
Entry: 0.69585
SL: 0.69780 (BREAKEVEN AFTER FIRST TP)
TP1: 0.6894(R/R 3.3)
TP2: 0.6832(R/R 6.5)
...
AUDCAD showing weakness on the 1H timeframe @ S/R line. overall downtrend on the daily.
Looking for entry just under the close of the 4H @0.92115
SL - 0.92320 (BREAKEVEN AFTER TP1 HIT)
TP1 - 0.91800 (1.6 R/R)
TP2 - 0.91100 (5 R/R)
TP3 - 0.90650 (7.3 R/R)
EURAUD showing weakness on the daily chart. on the 4H it has touched the top of the channel 3 times with a double top to help confirm possibility of shorting opportunity.
waiting for break below the minor Support line for entry.
SL - 1.63735(BREAK EVEN AFTER FIRST TP HIT)
TP1 - 1.60515 (3.6 R/R)
TP2 - 1.57450 (7.88 R/R)
TP3 - 1.55540 (10.7 R/R)
EURJPY showing bearish momentum on current time frame time waiting for retest of outer channel and resistance level.
using the 1H time fame to time entry 1 ATR stop with a 2:1 R/R with second target on next structure point 3.5:1R/R
EURJPY showing bullish momentum on lower and current time frame time waiting for retest into the entry zone.
using the 1H time fame to time entry 1 ATR stop with a 1.5:1 R/R with second target on next structure point 3:1R/R.
MACD AND ADX will need to show bullish confirmation to validate my idea.
EURUSD showing bullish momentum on lower time waiting for a break above the top of wedge pattern and a retest into the entry zone.
using the 1H time fame to time entry 1.5ATR stop with a 2:1 R/R with second target on next structure point.
MACD AND ADX will need to show bullish confirmation to validate the idea.
