TREND CONTINUATION TRADE.... GREAT RISK/REWARD RATIO. HITTING THAT .618 FIBONACCI LEVEL WITH AN OVERSOLD RSI ON THE 15 MIN CHART.
Here is my idea, with an entry when RSI hit the line
Price have come back to test the Midas R2 curve. I am looking to buy if price close above 0.75. Midas Trading Tools for MT4 is available to download @ MQL5.com
-NEW SIGNAL- Type : Pending Order Date : 8.8.2016 Time : 11:00 GMT+1 Technical : Weekly potential reversal zone. Pair : AUDCHF Timeframe : Weekly Trade setup : Sell Limit Entry at : 0.76526 ( 170 pips left ) Take profit 1 : 0.73496 ( 303 pips ) Take profit 2 : Take profit 3 : Stop loss : 0.77998 ( 147 pips ) Risk reward : TP1 – 1:2 TP2 – TP3 - Our risk : -...
Range is in place till broken. My bias is a sell at current levels till broken, then my bias will be long if the April high is broken.
Hello Traders, $AUDCHF is on it's last leg of completing a BEARISH Geo'. Targets have been defined. From now on I will have multiple targets defined on every chart I post. The role of the targets are as follows: Dark Red - High Probability Target, Low Probability Reversal Light Red - Medium Probability Target, Medium Probability Reversal Lightest Red - Low...
Rompimiento de resistencia, y comprar.
ABCD PATTERN AND A BREAK OF A TRENDLINE IS A GREAT REASON TO SHORT THIS BUT REMEMBER ONLY IF BREAKS TRENDLINE!
W & M Charting Setups! The bullish M or the money trend is one of my favorites, you can often see W & M like candle formations. PT of .77 near future 30 min chart could pull back some more before shooting off!
Hello Traders, Here I have utilized the the Wolfe Wave, Geo's Off-Set Rule, and Fib clusters. Wolfe Wave - Within the Wolfe's 1-2 and 2-3 points you must look out for an ab=cd pattern which we clearly have stated here. Points 3-4 and 4-5 are less likely to have such patterns. In fact, as a WW trader, you want the 4-5 path to be carved out as smoothly as...
The pair has broken out of the corrective structure to the downside providing an opportunity to go short for a good RR.
The pair is breaking after correcting up, after confirmation, selling towards the uptrend line and watching for another break below looks a good idea
The structure shown in the chart looks to be ending soon and I am expecting a breakout to the downside providing short term sell opportunity.