Entry at Pin Bar 18MA Weekly. Take profit using Fibonachi
Bias Sell. Sell stop because:- H4 - Bearish Pin Bar. Daily & H4 EMAs are alligned. Risk 14%.
FCPO 17May 7:20 am - Bias Sell H4 - 3mas are aligned H1 - 3mas are aligned Waiting for Trigger Candle at H1 i.e Bearish Pin Bar @ Bearish Engulf
TF 1H - 6EMA > 18EMA > 50EMA TF 15M - 6EMA > 18EMA > 50 EMA Pending Trigger Candle - Bullish Pin Bar or Bullish Egulf. 1:1.5 RR. 1R = 50 thicks
Short because H1 rejection at resistance. 74 thick stop loss TP at support
Buy Signal at H1. 1:1.5 RRR TP at Higest Expect demend for palm oil increse.
Cased on STI Strategy. Short & Stop Loss by Chandelier Indicator
Because:- 1. Rejection at Support (3H) 2. Engulfing at 3 H 3. Divergence 3H
No reversal indication. No divergence from Soya. Trend to continue downtrend because of 2 Marubozu Candles. Sell Stop Order
Short FCPO because:- a. Divergence - soya b. Trigger by Shooting Star.
Divergence detected at H1 at Soya. End of H1 downtrend. Beginning of H1 uptrend. Trigger by Bullish Engulf
After Divergence 1 - downtrend of 20 days - 677 ticks. Now at Divergence 2 - looking for short entry for long downtrend. TAYOR
Bearish Engulfing At Daily I'm expecting pullbck because of shooting start at weekly
Extreme Sell at Daily. To monitor Entry Buy Price
18 Jan - Low 25 Jan - High 03 Feb - Low 15 Feb - High
Complete Double Head formed. Expect to go down till 800++