This trade was a traditional break and retest but this channel was inside a channel that had a trendline bounce. As you can see the wider trend.
Hello guys I feel dumb explaining this trade but I closed this trade with a trail SL bcz I have rules that state I should not hold trades over the weekend. So it was was a premature close but this was a classic break and retest
I dont need to explain a lot about this trade just know that is was nice just a simple break and retest with divergence
Hello traders!! What I saw here was a potential continuation of a move, I saw a triangle pattern and thought this could possibly go lower. Took my trade on the retest but got Sl hunted which is not very common in my strategy. Even the pivot point was looking good
Hello this trade happened after my December break!! I had a triple tap divergence with a clear trendline the only thing that was left was a break and retest which I got. The trendline is not that valid but it guided me through this reversal. As you can see what has caught me out on this one was the SL hunt which happens abt 30% of the time.
Hello!!! this trade Is nice, let me take you through the pros and cons. Cons: A trendline with only 2 touches I don't even need to explain how silly this is. I labelled this as supply which is very silly considering that there was no big moves after the breakout of this level. Pros: The pivot was on the right trade but this trade was forced.
I got in this trade because I got in other trades that bought JPY
Hello I lost 1R on CADJPY This was a trendline breakout not completely classic but it is classic. Divergence It missed my TP so sad simple and nice This trade was influenced by news
Hello I had an idea that the SL hunt for this head and shoulders will happen. With this trend and its retest the plan was easy.
Hello unfortunately I could not record this trade We had 3 touches on the trendline which spiked my interest for a traditional trendline breakout strategy. Then another retest with another trend. This trade was largely influenced by NEWS
Hello there :) We are in a downtrend but with the inverse head and shoulders the chances of us continuing down are very slim. Yes we were unable to break the neck of the head and shoulders but we were unable to see bullish momentum either... This is how the retest looks when paired with the RSI. It is a divergence indicating weakness for selling. ...
Hello traders this is just a simple head&shoulders trade. It is clear that we have a head and shoulders here but if you dont like head and shoulders there is something else... A nice level that has been support for quite some time now. I am expecting this level to become resistance. Another thing I love about this trade is the position of the pivot point...
Hello traders lets dive into it: What we have here is a wonderful trend with more than 3 touches. we have again a level of resistance that was both support and resistance. We also have a divergence at with a tipple top. We can also identify that this is a clear downtrend when we look at the 4H tf. The last and most important of all is the pivot...
Hello traders lets jump into it Supply D1: We have a nice supply on D1 that gave us a very wonderful move, this is the base of our trade. Momentum on 4H: what we have here are steeper and steeper pullbacks (Note that line 1,2 & 3 are parallel), you can clearly see that the trend is losing momentum and I want to take adv of that. We also have a Lower...
Lets dive deep: We broke out of this trend and now I'm expecting a retest and some bullish momentum. Divergence
This is a classic trendline breakout We have here a pre existing trendline which we will use for our break and retest. I will be waiting for the break and retest If it breaks out today which is on Monday. My pivot point allows for me to enter on this retest that is occurring right now. My SMA also on the right spot
I'm selling EURCHF mainly because of this flag which might be a continuation If it breaks out today which is on Monday I will be waiting for the retest. The Pivot and my moving average are exactly where I want them to be.
This trade can be paired with my EURUSD trade ( but they are totally different setups. Double/Tipple Top: This is a sign for a reversal especially how it is happening on the top of the trend. Divergence: This divergence can indicate loss of momentum. Trendline: This is a valid trendline with more than 3 touches. Break and retest to be expected