The GbpUsd is in an uptrend. The Pound surged higher against the Dollar and broke the counter-trend line two days ago, followed by a pull-back bar to retest the trend line which has now become the support. Will the Pound continue to move higher after breaking the Doji's high that formed yesterday? My position : Buy Stop Order : 1.3998 SL : 1.3908 TP :...
Definition: Shooter = 2 inside bars in a row , then use the latest one as the trade set-up EURUSD was crazy this morning, every short seller for any kinds of set-ups probably suffered short squeeze. For me, to long EURUSD is such a high level? Why not! All I need is a reasonable risk-reward set-up to get involved, even if it failed it's controllable...
GBPUSD got rocked after their economic numbers, and here is a great example for 2-way inside bar trade. The 30min inside bar comes after the huge movement and it very extended, while it gave the market time to think again"are the numbers really that bad?". Therefore, whether direction it broke provide potential trading setup. If it breaks to the downside, the...
Hello! We have got nice projection for tommorow on a Daily Chart (Swing Traders). There is complting Inside Bars Formation for taking short position on the NZDUSD. Let's check it out! :)
Traders! We have got pretty interesting trade here on the GBPCAD Daily Chart. It is Inside Bar Price Action Formation. This signal tells us that we can sell with a Stop Order On The BREAKOUT POINT of that formation which is @ around 1.6403 level. This inside bar is completed at a key resistance level (the upper red one line), and that means a signal for a...
Short, IBS Daily, IBS 4h, Forcetriangle 4h H&S in the right Daily shoulder.