1st Sign of seller's failure is during 2018-04-13 (UTC+8) 17:00 which couldn't break its own record from the previous low.
2nd Sign of seller's failure is during 2018-04-17 (UTC+8) 21:00 which price did not went down, created a FAKER!
3rd Sign of strong BUYERS showed up forming a V-Formation.
Note: Counter trend trade is carry out on this ( It is still Sellers territories )
Trade Set-Up:
Open: 1.2619
S/L: 1.2584 (35 pips)
T/P: 1.2739 (120 pips)
Aware of the price 1.27400 as the area Sellers breach!!!
Note: If price close back at 1.26190 it might end up all the above trade set-up to be forfeited and turn back to sell side. ( Faker created )
2nd Sign of seller's failure is during 2018-04-17 (UTC+8) 21:00 which price did not went down, created a FAKER!
3rd Sign of strong BUYERS showed up forming a V-Formation.
Note: Counter trend trade is carry out on this ( It is still Sellers territories )
Trade Set-Up:
Open: 1.2619
S/L: 1.2584 (35 pips)
T/P: 1.2739 (120 pips)
Aware of the price 1.27400 as the area Sellers breach!!!
Note: If price close back at 1.26190 it might end up all the above trade set-up to be forfeited and turn back to sell side. ( Faker created )
Note
Trade forfeited, taking a small lose on it
Note
Reopen a trade (long as well), I strongly believe that BUYERS present are here. Perhaps they just didn't get a better discounted price just now.
Note
Trade is going well, uptrend for now but still in sellers territories. Keep in mind!!!
Note
Full profit take for 140 pips.
Hope you guys like the idea. XD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.