karlodagi

karlodagi

Setup that is repeating all the time on 15-30 Minutes. Manage your risk properly.

karlodagi

GBPJPY

karlodagi

1. 4h chart forming a double top 2. Rejecting trendline 3. Rejecting Fibb 50% level 4. 30 mins chart formed a H&S Short trade opportunity

karlodagi

1. Previously created a Double Top, 2. Rejecting nicely from the Fibonacci 50% resistance -> was also previous HL. 3. Downtrend 4. 4H chart creating a shooting star We have 4 confluences. Please if you have experience in trading and have a different opinion leave comments and say why as I'm looking to improve my trading analysis. <3

karlodagi

Rejected from outer trend line - created and Equal Higher High running back down. If the previous HL is broken, expecting a retest and further downtrend.

karlodagi

Inner trend line pushing toward Long Term weekly trend line ( SHORT 100 pips trade), after reaching the Long Term trend line (depending on the price action ) looking for a LONG TRADE.

karlodagi

Looking for the H&S pattern confirmation

karlodagi Updated 

Entered short, will use for future day-trading.

karlodagi

Support/Resistence level setup for day-trading :)

karlodagi

2 Possible trades, entry after the support/resistance is conveniently broken.