Here's another free signal for y'all Entry point:0.66433 SL:0.65996 TP:0.67580 R/R:3/1 As you can see a bullish flag pattern has formed on the 4 hourly and has broken the support after the 3rd touch so we will be looking to go long.Also, the uptrend can be confirmed by the twist of the ichimoku kumo cloud which has twisted from bearish to bullish on the 4...
When I trade I tend to use the higher time frames as I believe they are more accurate. The time frame I will be using in this trade is the 4 HR and the daily. As you can see it is above the ichimoku cloud which is showing bullish on the daily time frame and it has also crossed the monthly resistance level and is signalling an uptrend , and has formed a flag...
Taking this trade as a bullish flag pattern has formed so I will be trading after the third touch of the resistance line and looking to go long as you can see on the 4 hourly timeframe price is above the ichimoku cloud which suggests bullish. Stop loss:76.124 Take profit:77.269 Risk/Reward:3/1 The ichimoku is used to help confirm the direction of the trend as I...
Took this trade earlier at the break of the trend line when price was at 1.73633 and closed this trade at 1.74440 and closed out with £92.52 profit. As you can see there was a flag pattern forming on the 4 hour chart I waited until after the 3rd touch of the resistance line to go in and trade and it broke out on the 4th time closed early but happy with my profits...
As you can see price has rejected the monthly time frame and is on a descrying channel towards the downside. If we go onto the 4 hourly we can see that this rejection is a head and shoulder pattern forming. So we trade once its crossed the neckline and we see a bearish engulfing candle. Quite new to trading so feel free to comment