beank1

beank1

double top lower high (moolah) huge fat wick rejection and engulfing on 15m fib reject the sweet spot 5-618 and text book move to the -272 extention textbook textbook very nice trade

beank1

upward channel, 1:1 RR rejection 3x on 15m nice doji on 30m last kiss of support and the overall uptrend in and out 13 pips 15 minutes no draw down on this trade when entered on the last 15m rejection bar happy trading

beank1

happened right after 8:30am EST news gave us a good push up and wick rejection on the resistance zone bear engulfing on 15m and double confirmation on 30m with RRT as well as 1h gravestone doji that later confirmed as well also right around 70 RSI on 15m in a tight range, sell res buy support keep it simple risk reward near 2 depending on entry and TP the setups...

beank1

Two scenarios first is explained on the chat, the second short scenario would be a clear break of that consolidation zone and trend line bias this week is bearish because of the weekly doji and weakening euro since the start of 2019 risk reward ratio is nice, 14ema is below 50ema on 1h tf confluence with the short bias why i expect it to go up first is because...

beank1

Nice double top here, NY choppy wick time, then shows sweet doji on 15m tf signaling the drop after the retest of neckline/last kiss on the double top while the overall trend is bearish pretty awesome RR for scalper to next zone, small pips to W or L but consistency is what matters most another great confluence is the 15ema 200ema cross we see right as the entry...

beank1

little bit harder to see here, this is good example of using line chart to make market structure more clear turn line chart on and clear double top happens, trade entered after hanging man signal during NY/London close push great reaction in recent past from this supply zone, strong pushes away and comes back to fill more orders at end of week overall trend is...

beank1

Trend is down since beginning of week Beautiful market structure, drop base drop, over and over clear break bears in control after high tf strong bear close outside zone ready for another push with NY/London cross volume

beank1

4h morning star 1h morning star early london momentum still moving up higher time frames always win so need to trust we have triangle formation waiting for break with our long bias from higher tf we get a last kiss on 15m with lots of nice rejection dojis one more push and rejection of down trend line and then a break with the 5m tf also 30m ftr which was a...

beank1

Simple, on resistance, rejection of pinbar / gravestone doji on 4h (powerful signal) and bear engulf Rail Road Track type, Short until next major support / potential trend line (TL not confirmed until third touch) Moving SL into profits along the way Have your directional bias from higher tf and pick best entry on smaller tf to minimize risk and drawdown and...

beank1

Triple bottom reversal pattern, confluence with audusd short analysis (posted before this), Daily bullish doji, 4h huge pin bar and rejection of lower price, Bullish engulfing type on 4h to follow pin bar Wait for downtrend line to break and retrace, buy the dip and ride the trend Take profits before / at the next resistance major zone BEFORE the 1h 200ema and...

beank1

Risk Reward 3.21 Coming off a Triple Top (Blue) on higher tf (as seen on 4h), Smaller tf (look 1h) a double top (orange), Daily candle FTR pattern, 4h Inside bar Bull fake out pattern Momentum is down, accelerating faster pushing to break the zone, wait for clean break, retest of resistance which used to be support, candle stick signal like an engulfing for...

beank1

120 pips total 80 from top of second high 40 from the retest of neckline This is the text book M formation/double top, a scalp trade turned swing trade Take note of the psychological resistance level as well The hanging man in London, the drop in NY, retest of neckline and complete the gap fill in Tokyo Beautiful trade Basic candle stick pattern, basic double top...

beank1

Pin bars and Dojis Easy sell and buy signals on each of the 4h candles highlighted First shooting star/pin bar rejection candle on major level, then 25 pip + easy drop Second doji in an uptrend retesting 14/50ema and 25 pips up 50 pips one day one pair! Just from 4h tf

beank1 Updated 

Third touch trend line ABCD pattern looking good Fibo retracement to sweet spot enter if price action rejects at this 618 level Eur is overbought downtrend = shorts

beank1

This is how u can tell if a market is oversold (or overbought) by reading price and using our little 14EMA friend After price has a large push down (or up) like you can see in the yellow circles, it retraces up to the green circles In example 1, this yellow circle was right on the close of a huge bearish 4h engulfing. Perfect example to see how it is oversold by...

beank1

On significant resistance level - FX:USDJPY 40 pips in 4.5 hours Doji and a following Bearish hanging man - could have entered here, little riskier but better RR Also could have entered after the Bearish engulfing / completion of evening star after market has shown you were momentum is going at either entry point, very little draw down . much easier to trade...

beank1

Mid NY 4h close time sexy triple top $$$$ on strong level 15 pips straight profit with 1.5 pip draw down stress free trading 4h doji 30m shooting star zero draw down if enter on that

beank1

Pure Price action, 4h shooting star pin bar momentum changing from the retracement during London Bearish overall pressure from the Daily time frame enter off H1H2 8:25 EST or right at 4h close 4h close brings the momentum and takes it 45 pips in under an hour from H1H2