USDCHF ranging inside the channel (blue trendline). And recently bounce on the support level (yellow line). I take that opportunity to buy USDCHF, the stoploss is below the blue trendline and the take profit is at green line key level. Always use the good money management, good risk reward ratio and good lot sizing, don't ever mind about win-rate, just put the...
obv divergence and key levels. Although it's in the uptrend in HTF, but I want to try sell EURUSD for short term. the target is the next key leve;s as shown
The latest candle shows rejection on the trendline's resistant. The wick of the candle shows it fail to break through. Then there's an opportunity to open a sell position, the stoploss level is slightly above last candle's rejection/shadow. and the TP level is on the bottom key level as shown (Orange line).
As you can see the price had been break through resistance (green line) and persumably will continue to the next key level (yellow line). The strategy is very simple, just follow the market structure and use good money management. The price's nature behaviour is travel from one key level to another one. prepare for the worst, hope for the best
After the position before hit the stoploss, I decide to do a stop and reverse on GBPUSD. The price has been break through trendline with a strong solid bullish engulfing candle. So I use market order to execute my buy position immediately, the stoploss is just below the bullish engulfing candle's wick. The target is on the top keylevel (Orange line)
I tried to sell GBPUSD because it forms downtrend in H1 and it's just come from resistance in orange line as you can see. The target TP is on the green line, we expect the price will complete it's journey to the key level (Green line)
Sell opportunity on EURJPY. The price had been channeling up and then break the support multiple times. Eventually the price break the nearest channel's support indicating there will probability to continue to the next key level. I set the stop loss on the previous candle wick's high and the TP point on the key level below (Yellow line).