bryano58

bryano58

- price at daily trend line - overbought market could RSI - fib level retracement only issue was TP was off on the app so I missed out on very large gains

bryano58

-Price at Daily trend line -price oversold on both Daily & 4H -price at a fib retracement zone -spotted some key level confluence where some major movements were made in the past -8:1 RR -NZD is very oversold via RSI & currently at demand zone

bryano58

-4H downtrend -fib level entry -overbought market per RSI -price at trend line -1:6 RR -No major news

bryano58

Confirmations: 1:3 RR Entry at up-trending trend line Fib level entry Oversold Stoch RSI

bryano58

- Break & Retest of Daily downtrend - Fib Gold zone entry -Oversold RSI stoch

bryano58 Updated 

Confirmations: - price broke supply level - price in uptrend - price at previously respected trend line - fibonacci gold zone entry

bryano58

-Fib level rejection -area of support -oversold price via stoch rsi

bryano58

Price broke the 1H trend line and retested in the form of a bearish flag to one of my key fibonacci levels. +45 pips!

bryano58

Once price returned to the 4H trend line, we pulled out the Fibonacci & entered on the rejection for two for confluences, not to mention price breaking my bollinger band indicator setup for more confirmation. We closed the trade at +27 pips 🔥 although price is still shooting up

bryano58

As price broke the 1 H trend line I drew up, a clean retest started to form so I took out the Fibonacci tool waiting for price to retrace back to a golden zone which it did and entered the trade for a 1:2 RR setup & +50 pip move🔥

bryano58

I first entered the trade after the First fib rejection but price ended up pushing back up to retest the fib level again hitting my stop loss but I re-entered and price ended up going short like I originally predicted for over 30 pips🔥

bryano58

Originally I entered the trade based on the middle leg but price ended up hitting my SL and going back down to retest the 4H trend line I drew. I then pulled out my Fibonacci and seeing that price was at a key level entered the trade. Trade pushed up for over 50 pips🔥

bryano58

Price broke my 4H trend line and retraced back to a key fib level that I entered in using the 1H timeframe. Price in an overall up trending daily channel which could explain why it shot up to TP3.