false bearish breakout of the trendline is leading the price over the trendline again , anticipating the big move with a little retest of the trendline that will be followed by a strong bullish movement . let me know if you hopping on this trade , cheers!
after we caught the previous swing of the price ( related setup link below ) we approaching the support zone that work as a target profit for the esecuted short , we'll buy a that level , risk/reward on this is 1:3 so you can play a little bit safer , let me know if you hopping on this trade ! CHEERS :P
stop loss was unfortunately hitten in the last operation cause the price didn't completed the ross hook pattern , right now the price is giving us another long opportunity on the trend line , let's see how the price move .
we caught the long movement of the price , now we getting ready to hit the short movement , here i see a strong momentum on the bulls , so i'd be very careful with this short placing a position little bit smaller thant the regular , cause the price may break this channel and try a retracement of the major downtrend , let's see what will happen , surely if the...
LET's close this friday with a little short operation on usd cad , here we can see that the minor trendline rejected the price three times already ,
the price is now approaching to close a double top eventually followed by a nice fall headed south to the next support line marked . as usually risk/reward of this trade is marked on the chart.
let me know if you...
i've already caught the two major rejection from the trend line , now the price ig giving us another opportunity to buy for a little bit more of profit ( ross hook pattern or 1 2 3 how you wanna call it ) let me now if you are gonna trade this ! cheers
we on the bottom on the channel ready to buy , white zone is the buy zone , red zone is the stop loss and green zone is take profit , we are on a good resistance zone so let's buy ! let me know if you are hopping on this trade ! cheers
as you can see i've marked the point where the resistence rejected the price , about that the price is getting to the 61.8 level of fibo that is on the same level of the resistence , so let's follow the trend opening this sell position , if the price break the resistence we will sell again on the major trendline area ( the higher one )
let me know what you think...
hi guys ,
i've already caught the two major rejection from the trend line , now that the price has moved enough is retracing , forming an eventual ross hook pattern ( or 1 , 2 , 3 how you wanna call it ) serving us a pretty sharp entry in favor of the north-directioned microtrend , get ready to trade guys and let me know if you will trade this setup . cheers
