On the 1hr chart, the candle pattern has been set for entry.. (Chart Below) Lets put the SL at the previous low, and TP at the next area of confluence which is at the (61.8) area..
AFTER A STRONG REJECTION FROM THE RESISTANCE LEVEL (LOOK AT PICTURE BELOW), A NEW LOW WAS MADE. SO AFTER THE STRONG PULL BACK AFTER HITTING A STRONG RESISTANCE AREA .WE ARE LOOKING FOR IT TO GO DOWN A HIT THE CONFLUENCE AREA WHEN ITS ALSO MET WITH THE 1.27 FIB EXT. LETS SEE HOW THIS ONE GOES
As you can see, it retraced all the way to do a double bottom, as it has previously did on Oct 14, but respected the trend line on the day chart (Picture below)... Im going to ride it up to previous area of confluence.. This is a 1:1 Ratio trade... Lets see hit goes..
As you can see after the large spike up, its now retracing to the 61.8 fib levels. 1:4 ratio trade. good luck
Lets see how this on goes.. On the 4hr timeframe i will be looking for a break out at the confluence area.. As you can see, my take profit is at the 61.8 fib level, and as you can see that area is a previous resistance zone..
This is a prime example of what im looking for.. Once the market reaches an area of confluence, i look for a break in the trend..
Break out happened last week. If you look on the daily its been respecting this trendline for months not... Retested, and pulled back.. LETS SEE HOW THIS ONE GOES,...
Lets see how this one goes guys.. The rules have been met and lets stay consistent 3rd trade this week
If it breaks the trendline, im looking for a huge spike up///// Once again... Lets see how this one goes....
Lets see how this one goes..... Bring you SL to break even once in 35+ pips profit.....
Lets see how this one goes..
break out take to the next level on conflunce my brothers and sister. I love you all, i see you all when i look in the mirror. My imagination helps me feel your pain. Yall pray for everybody
Up we go. Dont let the cloud make it a rainy day. Turn it into a image
Shouldnt be trading on friday. But...... Idk... At 25 pips bring SL to break even,,, fuck it.. Lets take the risk and see what life has in store for us. Cant be afraid of the unknown, but we can be caution because of the proven... Dont be afriad, accept it and learn how to deal with it in the best way possible. Thats how you make things easier for the mind.. When...