trade the pull back ive lined up some fibs and marked them as a take profit regions I would normally say trade with the trend but im going in on a pull back im not saying a reversal is happening im saying it could still continue on its bullish trend stop loss marked take profits marked enter at you own risk
GBP/USD buy Entry position 1.30751 Risk to reward 1/3 Stop Loss: 20 pips Profit reward: 60pips Lot size 0.05 Confluence • GBP/USD Is still in an uptrend • Have hit a 4hourly resistance • Is consolidating more on the support area so could spike back to bullish at any point • On the bullish pull before the consolidation range we are hitting the 61.80% –...
GBP/USD THIS IS A OLD TRADE I DID BEFORE THE ONE TO THE RIGHT I JUST FORGOT TO UPLOAD IT HENCE WHY I REWINDED IT AND REWINDED THE LAST ONE! BUT I DID CASH OUT :) risk/reward 2.5 Pips: 125 Reward earned: 101 Risk: 40 Confluences • Resistance line in price area • Price action was pushing towards a fib area on the last bullish move • Double top reversal...
CONFLUENCE IS FIB CHARTS 88.60% IN A OFFICAL UP TREND DAILEY AND EVEN 4 HOURLY ADX AND DI IS SAYING ITS IN A VALID DOWN TREND SO WOULD BE GOOD TO SEE HOW THAT INDICATOR PLAYS OUT HIGHER TIME FRAME IS GOOD SURPORT AND RESISTANCE LEVLS SIT GOOD DXY IS LOOKING FOR A PULL BACK SHOULD IT BREAK THROUGH BULLISH ! OBVIOUSLY THIS PAIR WILL BREAK THROUGH BEARISH...
looking for a retest at my entry which is marked of price should pull back and respect the 1.32059 area ! looking to go long ! i.e BUY stop loss will be risking 1% of your overall balance and that is marked up as 1.31619 take profit will be at 2 areas 1.32640 and 1.33347 this is a risk to reward ratio of 1.3 in favour confluence is there it could...
moving average indicates valid down trend gold is at all time high and is looking for a reversal fib levels has lined up to a 38.20% which is normally a very aggressive turn around looking to put a stop loss in on top of the pull back are put details in below doesn't line up with a solid support and resistance line because there isn't any at the moment but it...
looking for a new high we see what's going to happen CONFLUENCE 1. uptrend 2. fib level hit retracement level 3. support has been hit and is respecting it 4. risk to reward ratio in favour 5. moving average is clearly indicating it is going long negatives. 1. on lower time frame looks as if it is going short 2. moving average on lower time frame shows down...
Aussie dollar is still looking on a uptrend 1. uptrend valid 2. support and resistance being hit at all angles and has pulled back of a solid resistance 3. hit retracement level and is still valid from the last
WE are on a fib level retracement valid Dailey uptrend support has been hit ? hopefully does not break as stop loss like to be hit
CONFLUENCE IS the market is already in a downtrend on the weekly monthly even the Dailey the New Zealand is yet to release the news on the unemployment in the country which is said to look bad meaning the currency is going to continue to decrease ! it has also hit the fib level at 100% being 0.67156 to 0.65991 being 0 %. it retrace to the 23.60 % area which...
GO LONG CONFLUENCE IS THERE UP TREND FIB LEVELS 61.80 SUPPORT LEVELS STRONG STOP LOSS MARKED TAKE PROFITS MARKED
LOOKING FOR GOLD TO HIT 1790 TO MAKE ARE ENTRY ! JUST KEEP STOP LOSS CLOSE AS IT COULD STILL GO UP ON THE RISE !
new breakout to occur on use/cad written down the target for myself ! also some confluence by other traders I follow ! its nice to see the progression of work that others agree with me ! lets see what happens
possibly a reversal pattern could happen to go long ! hitting strong support lines
looking at a reversal pattern coming up retesting of a phycological line tweezer top pattern slight shooting star pattern and break out looking to take place stop loss and target are on the screen
personal opinion is JPY will go long to hit targets 1 - 2 - 3
when retested at 1.29300 I would play close attention to what it is doing I.E using the price range as a support or as a resistance my money will be on resistance but I wouldn't enter this trade without a stop loss probably again 20/30 pips on the opposite ! but if it uses it as a support level I would look to go long not short AGAIN PEOPLE MY MONEY IS ON IT...