Trade Ideas Analysis: USDJPY Double TopA double top setup with RSI Divergence gave an opportunity for traders to look in a potential counter-trend trade setup.
The red arrow is an indication of what my Harmonic Pattern Assistant software has spotted and is placed in for reference and for my viewer.
Trade has engaged, if you want to get hold of the software and my Entry, Stop and Targets, check out the (3)link on my signature.
See you guys soon in our community.
Hpa
Trade Ideas Position: USDJPY CrabA bearish crab setup for a shorting opportunity. Will wait for further confirmation to engage the trade.
This trade is considered as a trend trading based on the daily chart. However, due to how the market reacted last night and my rules of trading crab are abit different, I will wait for further confirmation.
Trade Ideas Position: GBPAUD SharkAlready engaged for a trade to long GBPAUD on a type2 trade with profit trendline(blue) and hitting 4-hourly chart trendline(black).
As market touches, the trendline is kinda a great reward:risk for trading but it also means it may hit stop if market break and close below the trendline.
Great Reward:Risk is what I'm looking for, so yeap.