Trading Timeframe: 4H and Daily
Trend: Down
Current Position: Bearish signs formed, potential downtrend continuation.
Aim: Ride on downtrend.
Action: Short
Aggressive Entry: Right now/once market open
Best Entry: Bear candle show up in 4H timeframe.
Stop Loss: 1.51600
Target Profit: 1.47700
Trading Timeframe: H4 and Daily
Trend: Up
Current Position: Possible Downward Retracement
Aim: Not going to trade the downside retracement of the up trend, will wait and monitor to ride on uptrend once bull shows it's sign.
Action: Wait
Entry: TBA
Stop Loss: TBA
Target Profit: TBA
Trading Timeframe: H4 and Daily
Trend: Up
Current Position: Downward Retracement
Aim: Catching the downside movement as a retracement of the up trend.
Action: Short
Entry: Right now/once market open
Stop Loss: 72.90
Target Profit: 67.50
Short #JPM
Timeframe: Daily and Weekly
Entry: 106.50 - 109.00 to be confirmed by bearish candle and hike of volume.
Stop: 113.00
Target 1: 92.00
Target 2: 89.00
Big guys perspective :
Big guys played around the price to cause Price distribution ranged since Jan 2018 to Nov 2018 until the downside break out in Dec 2018 where they have collected quite a decent...