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Inside Bar

NZDJPY, 4hr tf, rising wedge breakoutHello my friends, Another plan for today is NZDJPY pairs. As you can see, there is a rising wedge pattern and price broke below the support in a clean way After price broke below the rising wedge support, an inside bar candlestick pattern also occurs and the next candle validate further downside. In my opinion we could see price drops towad 75.05-00 area which is the low of rising wedge pattern. I already sold this pair from 75.65 and wanna share with you guys all my trade plan. Sell NZDJPY 75.65-60 Stop loss 76.85 Take profit 75.05 (3R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
3
IQ daily XYAB and inside day breakout longOne of the strongst IP of Iqiyi "I can I BB" just started its 7th season. On the Contrary, its stock fell significantly after they announced their share issuing plan. Compared to its peer BILI, IQ's stock had been terribly weak in the past 2 months, it's not a very crazy idea to try to look for some long opportunities here. Here we got this inside day after daily XYAB I'm willing to long this one if it's able to break to the upside today. Let's see how it goes yo!
NASDAQ:IQLong
by Trader_Joe_Lee
NZDCHF, daily tf, inside bar pattern continuationHello my friends, Another setup for next week is NZDCHF pairs. As you can see there is an inside bar pattern on this pair right now. I think we could pretty much see price continue to go up because NZD is bullish. It is supported by the EMA which is below the price so we will only look to buy this pair. We could also use an assumption that this upwards movement might respect elliott waves rules and marked the first 2 swing as Wave-1 and Wave-2. Right now we're on Wave-3 and i think it could go until 0.6380 area whic is where we put our take profit. Buy limit NZDCHF 0.6285 Stop loss 0.6250 Take profit 0.6380 (2.7R) RR Ratio 1 : 2.7 Use only 1-2% risk Good luck Check my NZDJPY trading plan as well on the link provided below. Give it a like and follow me for my next update.
Long
by HayatoDragonFX
1