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EURUSD H4 2618 TRADE EURUSD Formed a Double Bottom and today it pulls back to 0.618 level. It is good to buy at 1.15880 level and Aim for a big rally.
FX:GBPUSD wait for NFP then think of GBP trading Buyer failed to push the price higher than the first top which shows the bullish momentum is exhausted. what we can do is to trade this potential 2nd top. With SL above 1.30700 and aim for a drop to 1.28760 and 1.26950
FX:USDCAD Potential double top Buyer failed to push the price higher than the first top which shows the bullish momentum is exhausted. what we can do is to trade this potential 2nd top. With SL above 1.32080 and aim for a drop to 1.31355 and 1.31141
TVC:DXY 1 2 3 PATTERN : wait for price action
FX:GBPUSD / H4 / INSIDE BAR TRADING
BITFINEX:BTCUSD / Completed AB=CD Pattern Completed AB=CD Pattern Downtrend starts Two Bearish Target Given
1. Divergence 2. Trend Line Break 3. 123 Reversal Pattern 123 Reversal Pattern: At point 3, the market is at the crossroads and price can either make a new low or confirm a change in trend once price takes out point 2.
As the most liquid market in the world, Forex or foreign exchange attracts more and more retail traders. Everyone comes to the market with different expectations but aims for the same thing: to make money. Pin bar trading is a simple, yet effective trading strategy that offers excellent risk-reward ratios. What Makes a Pin Bar? Before more details, we need to...
2618 Rules Of Engagement: 1. Double top 2. Break & close below neckline / support 3. Sell at 0.618% Fibonacci Retracement
Normally INSIDE BAR will give us two trade 1. the first trade is to trade at the breaking out 2. the 2nd trade is to trade after the breakout + pull back the first trade normally can quickly take you to 1:1 risk/reward the 2nd trade can give you a higher R/R WHAT IS AN INSIDE BAR? If you are wondering what an inside bar is, then here’s an explanation....
ENGULFING PATTERN is often considered a "reversal pattern", but it is not always so, this model can be considered a simple pause of the major trend. An engulfing pattern is an excellent trading opportunity because it can be easily spotted and the price action indicates a strong and immediate change in direction. In a downtrend, an up candle real body will...