Reasons for entry: - 61.8% fib rejection + wick rejection - 0.6850 Minor psychological level - PA is Forming lower highs and lower lows - Price is losing moment and beginning to stagnate - Evening star formed on the 1hr Entry Timeframe: - 1hr bearish engulfing + evening star - 0.6847 Stop Loss: @0.6860 (-13pips) Take Profit: Target 1 @0.6830...
Reasons for entry: - 88.6% fib rejection - 1.1310 Minor psychological level - PA is wicking + bearish engulfing - Price is losing moment and beginning to stagnate - 2hr Doji, possible evening star forming on the 2hr Entry Timeframe: - 1hr bearish engulfing (weak) + 2hr Doji - 1.1305 Stop Loss: @1.1319 (-14pips) Take Profit: Target 1 @1.1225 (+80pips) =...
Reasons for entry: - 88.6% fib rejection + pink line rejection - 1.1300 Major psychological level - 2hr bearish engulfing, 1hr evening star - Price is losing moment and beginning to stagnate Entry Timeframe: - 1hr evening star - 1.1289 Stop Loss: @1.1307 (-18pips) Take Profit: Target 1 @1.1250 (+39pips) = Risk/Reward : 1:2.1 Target 2 @1.1200 (+89pips)...
Reasons for entry: - Price is currently on a uptrend - Price has rejected and retested the 61.8 fib - Possible hammer candlestick forming on the 4hr, weak hammer candlestick already formed on the 2hr - Strong bullish engulfing on the 30min timeframe Entry Timeframe: - 30 min bullish engulfing - @1.8240 Stop Loss: @1.8200 (-40pips) Take Profit: - Target...
Reasons for entry: - Possible 1hr H&S pattern - Price has rejected 0.7175 - Price is showing a loss of momentum - Price is rejecting the 78.6% fib Entry Timeframe: - 15 min bearish engulfing - @0.7178 Stop Loss: @0.7185 (-7pips) Take Profit: - Target 1 @0.7055 (+123pips) = Risk/Reward : 1:17.6 - Target 2 @0.7000 (+178pips) = Risk/Reward : 1:25.4 Notes: -
Reasons for entry: - Possible 1hr H&S pattern - Price has rejected 0.7150 - Price is stagnating and showing a loss of momentum - Possible weak Eveningstar candlestick formation on the 1hr timeframe Entry Timeframe: - 15 min bearish engulfing - @0.7140 Stop Loss: @0.7155 (-15pips) Take Profit: - Target 1 @0.7050 (+90pips) = Risk/Reward : 1:6.2 - Target...
Reasons for entry: - Price is currently in a downtrend - Possible 3rd trendline bounce and rejection (4hr & daily timeframe) - Price has reached and rejected the 88.6% fib on the 1hr timeframe - Price has also rejected and retested 143.00 - Price is loosing momentum - Eveningstar candlestick formation on the 30min timeframe Entry Timeframe: - 30min...
Reasons for entry: - Price has reached and rejected the 61.8% fib on the daily - Price has reached and rejected the 88.6% fib on the 4hr timeframe - Price is loosing momentum - Eveningstar candlestick formation on the 1hr timeframe Entry Timeframe: - 1hr Eveningstar formation - @110.55 Stop Loss: @1.1266 (-12pips) Take Profit: - Target 1 @108.50...
Reasons for entry: - Possible double bottom (4hr/daily timeframe) - Price has fallen significantly without any pullback or correction - Price is loosing momentum - Morningstar candlestick formation on the 1hr timeframe Entry Timeframe: - 1hr Morningstar formation - @1.1278 Stop Loss: @1.1266 (-12pips) Take Profit: Target 1 @1.1350 (+72pips) =...
Reasons for entry: - Price has made a new higher high & higher low - Price broke above and retested 143.15 - Price has rejected the 4hr 61.8% fib Entry Timeframe: - 1hr bullish engulfing @143.36 - Stop Loss: @143.60 (-6pips) Take Profit: Target 1 @144.75 (+139pips) = Risk/Reward : 1:23.2 Target 2 @146.00 (+264pips) = Risk/Reward : 1:44 Notes: - I have a...
Reasons for entry: - 88.6% fib rejection on 4hr & daily timeframe - Price broke below and retested 0.6905 (pink horizontal ray) - Price finally made a lower low Entry Timeframe: - 1hr evening star as price rejected 0.6905 - (missed the original bearish engulfing entry on the 15min timeframe) Stop Loss: @0.6910 (-17pips) Take Profit: Target 1 : 0.6850...
Reasons for entry: - Price has failed to break and remain below 1.1358 - 4hr bullish engulfing - 1hr weak inverted H&S - 1 Entry Timeframe: - 4hr chart for main analysis - 15min timeframe for execution Stop Loss: @1.1348 (-12pips) Take Profit: @1.1425 (+65pips) Risk/Reward: 1:5.3
Reasons for entry: - Price is failing to maintain any higher highs - Lack of momentum - Multiple bearish candlestick signals at 74.46 Entry Timeframe: - Main analysis on the 4hr - Entry from 30min bearish engulfing & 1hr spinning top Stop Loss: @74.60 (-14pips) Take Profit (First Target): @73.80 (+66pips) Take Profit (Second Target) @73.25...