Looking at the recent price action on USD/CAD prints a clear bearish flag formation. - Trend = Downward - Divergence = Not found - Pattern = Bearish Flag - Breakout/Confirmation = Waiting for it Account Size: 10300 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 103 USD Sizing: 0.1053 Lots Amount at Risk: 103 USD Sizing: 0.1053 Lots Total Amount...
We can see the Bullish trend with 3 consecutive Higher Highs and Higher Lows. If this trend continues we will take the trade as per the mentioned analysis below. Account Size: 10300 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 103 USD Sizing: 0.13766 Lots Amount at Risk: 103 USD Sizing: 0.13766 Lots Total Amount at Risk: 206 USD Total Lot Size:...
Looking at the recent price action shows us a clear Bullish Flag formation. - Divergence = No Divergence Found - Pattern = Bullish Flag - Breakout/Confirmation = Waiting for it Account Size: 10300 Risk Percentage: 1% Amount at Risk: 103 USD Sizing: 0.06651 Lots Entry Point: 1.253386 Stop Loss: 1.237900 Take Profit: 1.268900
META formed AB = CD harmonic reversal pattern with C point Retracement at 0.701 and BC Projection at 1.423 with a clean Bearish Divergence at the Potential Reversal Zone. Waiting for Lower Highs and Lower Lows movement to generate trade entry and exit signal.
XAU/USD formed AB = CD harmonic reversal pattern with C point Retracement at 0.637 and BC Projection at 1.476 with a clean Bearish Divergence at the Potential Reversal Zone. Waiting for Lower Highs and Lower Lows movement to generate trade entry and exit signal.
USD/JPY formed AB = CD harmonic reversal pattern with C point Retracement at 0.641 and BC Projection at 1.856 with a clean Bearish Divergence at the Potential Reversal Zone. Waiting for Lower Highs and Lower Lows movement to generate trade entry and exit signal.
USD/ZAR formed AB = CD harmonic reversal pattern with C point Retracement at 0.554 and BC Projection at 2.046 with a clean Bullish Divergence at the Potential Reversal Zone. Waiting for Higher Highs and Higher Lows movement to generate trade entry and exit signal.
Looking at the recent price action shows us a clear inverse cup and handle formation. - Trend = Bullish - Divergence = Divergence found - Pattern = Inverse cup and handle - Breakout/Confirmation = Waiting for a breakout Account Size: 10300 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 103 USD Sizing: 0.03109 Lots Amount at Risk: 103 USD Sizing:...
Looking at the recent price action shows us a clear bear flag formation. - Trend = Downward - Divergence = No Divergence found - Pattern = Bearish Flag - Breakout/Confirmation = Confirmed Account Size: 10300 Risk Percentage: 1% Amount at Risk: 103 USD Sizing: 0.05447 Lots Entry Point: 18.01240 Stop Loss: 18.35620 Take Profit: 17.69916
Bearish divergence and a double top in action. Opening a short trade with a sell stop order Account Size: 10300 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 103 USD Sizing: 0.0647 Lots Amount at Risk: 103 USD Sizing: 0.0647 Lots Total Amount at Risk: 206 USD Total Lot Size: 0.12957 Entry Point: 1.219006 Stop Loss: 1.234905 Take Profit 1:...
On the chart, we can see an inverted head and shoulders. An inverse head and shoulders pattern is a bullish chart pattern that forms after a downtrend. The pattern is completed when the price breaks above the neckline, which is a trendline that connects the high points of the two shoulders. - Trend = Downward - Divergence = Yes | Divergence found - Pattern =...
Looking at the recent price action on EUR/USD shows us a clear bear flag in formation. - Trend = Downward - Divergence = No Divergence found - Pattern = Bearish Flag - Breakout/Confirmation = Waiting for it Account Size: 10300 Risk Percentage: 1% Amount at Risk: 103 USD Sizing: 0.0868 Lots Entry Point: 1.071335 Stop Loss: 1.083189 Take Profit: 1.059419
It was in up trend and had 4 consecitive higher highs and higher lows, We can see the bearish divergence on the last higher high, as per the trend lines and bearish divergence it seems like its time for a trend reversal. Signal created below. Account Size: 10400 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 100 USD Sizing: 0.0786 Lots Amount at...
From 14th Feburary it was in down trend with Lower highs and lower lows on 7th to 9th March we can see the bullish divergence in 4H chart and right after that we can see double bottom pattern, placing a buy stop order on a breakout point. Signal created below. Account Size: 10400 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 100 USD Sizing:...
We can see the Bullish trend with four consecutive Higher Highs and Higher Lows. Opening the trade with buy limit order at fib level of 0.786 Account Size: 10560 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 105.6 USD Sizing: 0.099 Lots Amount at Risk: 105.6 USD Sizing: 0.099 Lots Total Amount at Risk: 211 USD Total Lot Size: 0.199 Entry Point:...
There are two candle stick patterns 1) Bearish pattern - Tweezer Top Pattern 2) Confirmation pattern - Three Outside Down So taking into consideration of the above two patterns I am opening a short trade with the information below. Account Size: 10560 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 105.6 USD Sizing: 0.09 Lots Amount at Risk:...
It's been trading between support 1 and resistance 1 from 14th February 2023 considering that as a strong support and resistance and taking a long trade with a buy limit order. Account Size: 10560 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 105.6 USD Sizing: 0.138 Lots Amount at Risk: 105.6 USD Sizing: 0.138 Lots Total Amount at Risk: 200...
Bullish Divergence is in action. Opening a long trade with a buy limit is a safer play to lower the risk of stop loss. Account Size: 10560 Risk Percentage: 1 + 1 = Total 2 Percentage Amount at Risk: 100 USD Sizing: 0.057 Lots Amount at Risk: 100 USD Sizing:0.057 Lots Total Amount at Risk: 200 USD Total Lot Size: 0.1138 Entry Point: 132.24966 Stop Loss...