I entered long and after price pulled back and then continued going bull, I moved my stop loss under the entry candle. I am targeting previous highs, however, I have a reason for a bearish bias. Price is at a resistance level and in the bat PRZ. What are your thoughts on the AUDUSD 1hr?
GBPUSD is on a bullish trend and has been breaking recent structure confidently. What is your insight on GBPUSD and where do you think it is heading?
Looking at a potential trend reversal. I see a head and shoulders forming with the right shoulder being made. I also see a bearish bat pattern on the 4hr forming. I marked up S&R zones that use the E50 theory. If you have any questions please ask. Happy new year.
USDCHF trending bearish. Price is breaking support and is making new lows. Price is below 100 moving average. Currently have a bearish bias short term.
Using moving average along with bearish bias to go short with this position. I have a target near the support level and I will be watching price action for any continuation or reversal signals. Any questions please ask.
NZDUSD Bat pattern completion, caught the BAMM going up.
I got in this trade with a bullish bias and a confirmation gave me an opportunity for the second entry to ride on this 1hr bull trend. Feel free to ask questions.
This trade was a buy because of a bullish bias with bullish confirmations
This is a bat pattern with a pin bar entry. I manually exited when I exhibited signals of a reversal.
ABCD Markup live. Markup on 5m timeframe and 1hr timeframe shown to give a better outlook. Also, a bearish crab pattern near completion gives more confluence for a sell trade.
4hr bullish crab C to D trade. 15m Engulfing patterns was cause for two different entries and I am still waiting for more entry confirmations. Need help with your analysis let me know!.
Targetting 1.35 for price in the next week to a month - Bullish butterfly PRZ and quarter point lineup.
A markup for those that want to use as a guide or reference
Pullbacks occur in all markets. The Fibonacci retracement tool gives you the ability to measure pullbacks and gives you levels of support and resistance. Using specific ratios - you can anticipate rejections at certain price levels. With practice you can make a judgement using your experience and intuition of where price will reject. Fibonacci levels are zones so...
Indicator - simple moving average 100, 200.