sleutha

sleutha

I am in this trade, all the set up happened for me to execute the long position but the pair is not responding quick enough which kind of sucks. But lets see whether I hit the Profit Take Kind of sucks that when I publish this it does a sudden up-burst but as I said before most of the time this strategy responds quickly If it works throughout this week that...

sleutha

Enter when the price action tests the black dotted line, so around (1.948 price) Trading the D leg of the BAT on to SHORT side to 1.9108 giving me a nice (+2.69)R/R trade meaning I only need to win this trade 4 times out of 10 to be profitable trader. After completion of D leg I will be trading LONG with first target at 1.9304 and second target at 1.9448 giving...

sleutha

1- RSI is oversold 2- RSI DIVERGENCE shown on the indicator and the chart 3- very profitable trade 4-Ranging market 5- very tight stops

sleutha

Just something I thought was relevant Nothing much to explain, chart shows everything, we are oversold and we are near resistance and we have a harmonic pattern.

sleutha

(cleaner Chat) Two cipher patterns. First one worked to the dot, lets see if second one does the same. It looks like USD will be running out of steam. When the resistance at 1.07827 is broken, I will wait for price to retest first then I will be looking for my long position with first targets at 1.08561 and with second target at 1.09295. Happy Trading Guys

sleutha

Two cipher patterns. First one worked to the dot, lets see if second one does the same. It looks like USD will be running out of steam. When the resistance at 1.07827 is broken, I will wait for price to retest first then I will be looking for my long position with first targets at 1.08561 and with second target at 1.09295. Happy Trading Guys

sleutha

The chart explains everything. Lets the Markets open and lets start trading Crab pattern in blue and The bat pattern in maroon. Both agree where the price would reach.

sleutha

Long trade when the price reaches entry level After price gets to TP1 , I will take 90% of first position and enter another position to reach TP2. but after that everything is a mystery

sleutha

This is how I will trade this pair, I have never traded it before though, But it looks like it is respecting the double bottom. Do know what other people will think of it. A friend brought this pair to my attention and I just wanted to see if this will be an alright call

sleutha

Potential crab harmonic pattern. I think the chart say it all, the C leg completes at a s/r line and we can see that the D leg will then complete in in a region where the market seemed to be undecisive. Potential trade would be to the first profit target will have a 1.82 r/r ration and for the second profit target it will house a 3.2 r/r ration. All in all just...

sleutha

Just hit previous resistance and it turned into support, market looks like undecided but my bet is it will be decide on being bullish and hit the 1st profit target, then probably retrace back a little before hitting second profit target. Although the recent candle is bullish it should come down to hit the entry point and from there it's should be showers of...

sleutha

A lot of candles have wicks on the down side, showing that price has tried to go on the downside but was always pushed up. RSI is above 50 favoring the bulls. Price is most likely to retrace back a bit before shooting up to reach profit target.

sleutha

hits previous resistance and stochastic cross over

sleutha

ALWAYS be careful of previous resistance Long position to 0.78279 Then after I will be looking for a short position back to 0.78079

sleutha

Wait for your confirmation but looks like an alright long to 0.78383

sleutha

The pair is obviously at a resistance levels and still deciding which direction bears vs bulls . Easy trade with a very nice short trade if price hits 1.13854, shorting to 1.13377 giving a nice 1.8 r/r ratio On the long trade, it is activated if price hits 1.14121 to the tp of 1.14411 with a nice 1.13 r/r ratio Both trade provide a nice R.R ratio ALWAYS FOLLOW...

sleutha

Test previous resistance turn into support

sleutha

RSI is above 50% showing that overall the market is in a bullish trend favoring the upward movement. The price is above the cloud further supporting a bullish trend. Market will probably come down a little before sky rocketing to the profit target of 1.54989 with a nice R/R ratio of 2.