Trend Follow Trade Price is above support Long with 1:1 RR
Trend follow trade The MAs on the Daily and H4 chart is now aligned with the Weekly chart - Bullish cross Nice daily green candle Long with pending buy limit order placed on recent H4 S/R level.
Buy limit order at 84.8 region with 1:1 RR
Trend Follow Trade Nice bearish daily bar we have for yesterday's candle Short with 1:1 RR Pretty wide SL, can in fact use a smaller SL to achieve higher R:R but prefer to have a wider SL to get higher probability of winning.
Pending sell limit order on EURGBP Looking to short after taking profit on the 2 long positions on this currency pair. Price may respect the ext extension target 27.2 and start to fall from there. May add on short position if the idea work out.
2 position on this Momentum ride with MAs algns to the upside across timeframes.
Clean break of resistance MAs aligns to the upside across multple timeframes Potentially visit the FIB ext target.
Nice R:R shorting from here Here's my EURAUD SHORT setup.
Nice bullish engulfing candle we have for last week's candle. This is my long setup on USDCAD
Nice support building up LONG as long as the level is not broken
Any swing up can be a good opportunity for a sell as the overall momentum for AU is bearish with the thursday daily candle closure being a bearish engulfing bar. I am patiently bearish on with the pending sell orders near the TL area as shown on the chart.
Nice breakout on the weekly trendline I am bullish on UJ and the multiple timeframes aligns for more upside movement.
We have had a bearish daily closure yesterday and also a confirmed lower high Any pullback to the TL Resistance / RES can be good sell opportunity with reasonable Risk to Reward with the target area on the next support.
Work best with daily engulfing bar, the MAs must be crossed in the direction of the trade.