as we can see now ANZD doing consolidation we expect some big movement to happen this week there is 2 entry point for buy, first is entry at the major snr zone once the candlestick close with bullish confirmation such as bullish engulfing bullish hammer and so on( kindly refer google for more) and the second entry point to buy is entry after the chart create...
Risk reward for tp 1 is 1 : 4 ( 50 pips profit). for me if the momentum strong enough to break 1.17500 resistance can hold until 1.18000. Remember what we want to do is let the market profit for us not to chase the market alright ? As a trader we need to trust our setup of trap and hunt for rabbit haha, I suggest you guys can layer in the golden zone, once it go...
If I draw like this will you guys more understand ? I mean with more precise detail explanation.
hour 4 show that strong bullish candle stick break the resistance and become support, using fibo u will find out that it now retrace until golden zone it very good place to entry
In this chart if I not wrong it forming a cup and handle chart pattern if it does, we going to take another profit about 50 pips haha Let see whether it work of not
Hour 1 timeframe we can see a divergence of awesome oscillator, it tell us that the momentum of bullish is weak now, I believe coming next couple hour it will drop to the zone i point out, if it manage to break first zone then we can consider to hold until it break zone 2
A very beautiful Awesome Oscillator divergence in hour 4, plus it also a strong support zone, I believe coming next couple day it will go long at least 50 pips for the TP I just take the Drop base drop (base) as demand zone and thats it. Wish u guys have a good trading weeks Peace!
#include using namespace std; int main() { cout<<"Hello Guys! Here is some quick update on EGBP, base on weekly timeframe we found a nice divergence with using Awesome Oscillator, for safe TP playstyle I decided to pull a fibo retracement in Day Time Frame, I set my highest TP at fibo 1.618 there, For me I layer in the base there, and once it going to my hour 4...
#include using namespace std; int main() { cout<<"Hour 4 we took the previous head and shoulder (shoulder) as resistance for our sell zone, multiple TP base on rally base rally as well, There is a lot of similarities compare to GU. My prediction for GJ is once it touch the resistance it will all the way go down to the inverted head and shoulder ( shoulder ) in...
#include using namespace std; int main() { cout<<"Hour 1 Base on AO indicator we can find out a divergence, plus I found out a doji plus bullish engulfing as my support zone to buy, my tp will be set at Fibo 1.618 Once u are satisfy with the profit u can just close the order secure profit . . Wish u guys having a good trading week! Peace !"; return 0; } ...
#include using namespace std; int main() { cout<<"Sorry for the previous GU setup this is the new idea setup for GU, as u can see the Head and Shoulder ( shoulder) form previously in H4, I took the shoulder as my resistance zone for multiple entry, my TP base on the rally base rally. I believe this will be our next week long term movement gonna look like. TP up...
in the zone i draw, i can find that 3 strong bearish engulfing touch and instant go down it tell us that it strong resistance so we can sell there
#include using namespace std; int main() { cout<<"H4 have a doji there, thats my support zone too lazy to explain but this is how it work. TP up to you guys, as long as u r happy Peace !"; return 0; } FX:AUDUSD #TeamOutsolent
#include using namespace std; int main() { cout<<"H4 have a strong bearish engulf candlestick pattern thats my resistance sell zone. My Tp is the Head And Shoulder (shoulder) TP up to you guys, as long as u r happy Peace !"; return 0; } FX:GBPJPY #TeamOutsolent
#include using namespace std; int main() { cout<<"Day timeframe previous Head and Shoulder (shoulder) Zoom in to H4 u will see a doji there thats my support zone. TP up to you guys, as long as u r happy Peace !"; return 0; } FX:EURUSD #TeamOutsolent