Watch where price takes us and either trade based off break of trend-line to the downside or if price breaks the current resistance seen in the white zone, we shall be going long. Lets wait and see, remain fluid.
On the H1 chart, we are currently at a psychological zone of resistance, followed by a large bearish candle. That's 2 confirmations so far, nice price action set-up, will enter on the market open with good RR, then if trend line is broken, that's no.3 confirmation and will pile on another trade. Looking like a easy 3:1 trade if analysis is on our side.
GREAT SET-UP! Waiting for price now to hit 0.73725, once I get bearish confirmation, an entry shall be placed. Similar set-up on H1 but higher time-frame always gets preference. If this plays out as predicted, will be bagging a nice and easy 100 pips.
Stunning 1H set-up on EURCAD, just got bullish confirmation on the closing candle of last week, will wait until spread is back to normal for entries. RR ratio is roughly 2:1.
Nice market structure set-up appearing today, no entry signs of yet. Will wait for bullish price action signs for confirmations and then will proceed into this trade! Nice 100 pip trade.
Not the best risk-to-reward trade but an easy 70 pip profit trade!!!
This trade was taken last week, same concept and same set-up, 4H TF we in an uptrend, MA acting as nice support, great break-out from minor trend followed by a double bottom on H1. Easy RR, banked over 110 pips on this last week!
FANTASTIC SET-UP Decent RR, bagged roughly120 pips. Onto the next!
Nice 1H ENGULF and breakout ! Clsoe to hitting TP.
Nice 4H engulfing candle by the previous LL. 1H chart we had a engulf yesterday followed by a minor trend opposing the major trend break-out, bias is short! Lets see how this plays out.
NICE 1H SET-UP ON GBPAUD, had a nice bearish engulfing candle yesterday, followed by a break of the counter-trendline. Lets see what lies ahead.
Currently BTC is having a major retracement yet the bias for Bitcoin is still long, it bounced off the major trendline issuing a hammer and it was a good area of support for the pair, its in a minor trend currrently opposing the major, wait for a clear breakout for confirmation purposes.