Hello traders, theses are the retest and entry and target points.
This is what I call the famous setup. 8 hrs ahead of time you know what you are going to do at the frankfurt open..(potentially) Now if it stays sideways within the marked boxed zone. we can then trade the Wave 5 up... towards Target Zone Same like the EUR/GBP attached below
This is typically what I call the Famous Setup On the H1 Gator will be open and during Asian session the price goes sideways, boxed sideways at Frankfurt open, if the box is tight, take the break out into Target Zone area marked
The USDCAD has created an interesting situation Time to Trade: At Frankfurt open tomorrow. Time Frame M15 or H1 Direction: Short
Either at Tokyo Open or else at the Frankfurt Open This will shoot up. If price goes below purple then its invalid. price must stay inside this box (ghost feed)
his is a particular type of forecast that we do on the Hourly chart but look for entries on the M15 chart I call it the Famous Setup ... So if you wake up tomorrow and see price behave as the ghost feed suggest, i.e. it stays within the boxed sideways range IT would create an opportunity to go up into the Next WAVE 5 on the M15 chart... remember if price...
Time Frame : M15 Conditions it must meet: At the Frankfurt open check that Price created a sideways boxed tight range the m15 chart. Price did not retrace more than 38%. Preferably stayed sideways as shown in the picture on the m15 chart to the left Look for a breakout long. Tight SL 2 R target. What violates the signal? If price created a deeper...
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hello traders a very warm welcome to to my profile as you know gold is currently trading at 1316 what i am looking for as a target on a short term perspective is 1325 i may close my trade at 1307 if it go against my vision Thanks for following Trade at your own risk :)
My sugestion: Entry point: 44.20 Stop loss: 36.50 Profit target: 66.49