Abu2019
Rejection of 21 MA. Bearish engulfing candle. SL to break even after 60 pips, at black D1 floor, and take partials letting trade play out to 135 pips. SL @ 1.22891 Entry @ 1.21542 TP1 @ 1.20192 Partials @ 1.20965 (60 pips)
H4 Channel broken to the downside, rejection on inner resistance suggesting bearish potential. Entered at .618 retracement as new lower low has been created suggesting a new downtrend. TP at golden levels. SL @82.770 Entry @ 82.590 TP1 @ 82.152 TP2@ 81.982
Engulfing bar rejection of 50 EMA renders old chart invalid ()
Rejection of 50 EMA suggests price action will fall to nearest floor after 30 pips, partials should be taken at this point and SL moved to break even if there is a unfavourable reaction, letting trade run for an extra 91 pips after if market sentiment is unchanged as it will likely plummet to next D1 floor until it picks up momentum and begins to bounce off the...
Lower low indicates continuation to downside with bearish rejection from 21 MA near D1 structure. May push up to meet the 50 EMA or sell stop will be executed entering us into the market. SL @ 1.89523 Entry @ 1.86616 TP @ 1.83709 Partials @ 1.85167
Bearish engulfing candle at D1 structure level. SL: 1.23963 Entry: 1.22758 TP1: 1.21554 TP2: ?
Downtrend on D1 chart, rejection of bullish candle. Will take profit at D1 support level. SL: 1.26007 Entry: 1.24834 TP1: 1.23660 TP2: 1.24241 (Partials)
USDCAD: Entry @ 1.33134 Second Entry @1.33515 SL@ 1.33386 TP1 @ 1.30739 TP2 @ 1.29765 If market breaks above daily level of structure and finds support at .382 level, high may be reached at .618 level which lines up with daily downtrend. Measured move indicating residual momentum so TP2 @ 1.29765 with entry between .618 and .71 levels. Respective totals of 239...
AUDUSD: Entry @ 0.69679 Second entry @0.69508 (sell stop) SL @ 0.69912 TP1 @ 0.67814. Following downtrend on W1 and found support at .382 suggesting market will retrace to .71 entry as measured moves are an exact fit. Fib timezone places entry around 14:00 on 26/06 and TP will hit around 02:00 on 05/07 so trade will be held for around 10 days. Entry at .71...
GBPUSD: Entry @ 1.27368 SL @ 1.26591 TP1 @ 1.28596 Following uptrend on W1 and has bounced from the .382 level indicating impulsive move to negative .618 target. Already broken daily levels of structure and has found additional momentum from 21MA and 50EMA indicating market will not retrace down. Fib timezone suggest TP will be hit at 10:00 on 24/06 at the...