EUR/USD
Asset did a fake break down and then pumped on news. It used the previous resistance as support but did not fully retrieve liquidity (wick wasn’t deep enough) and then I noticed that it was heading to the downside again , I put a long order deeper into the previous resistance for more liquidity, hoping to get an entry. Trade is invalid if we do not see a...
Trade 6 –
XAU/USD
Asset broke through resistance and formed a new resistance earlier , the idea of the trade is to get an entry for long at the retest of previous resistance which will act like support. Take profit would be at the current high and stop loss would be just under the previous resistance. Trade would be invalid if pullback entry does not occur.
Entry...
Trade 5 –
XAU/USD
Asset broke through resistance and hit local previous high , it already wicked to previous resistance proving it’s support level , I believe that it could form a range here , as the local high being top of the range and the previous resistance becoming support as the bottom of the range. Trade would be invalid if it does not stop at the local...
EUR/USD
Asset rejected from resistance , short order is in at break from previous low after impulse, Stoploss is above previous low, Take profit at previous resistance which is also at 0.618 fib retracement level. Trade would be invalid if price bounces up and retests resistance.
Entry – 1.07757
Stoploss – 1.08009 (-0.23%)
Take Profit – 1.06041 (1.59%)
RR: 6.8
Result:
BTC/USDT
Asset reclaim range , entry at above lower range line , stoploss just under range line , take profit at top of range. Trade becomes invalidated if this current rally fails and doesn’t reclaim range. Also potential for asset to grab liquidity being a false breakout back into the range which hits my entry and then fails.
Entry – 92,759
Stoploss – 90,429...
SOL/USDT
Asset has an ascending triangle on 4 hour , successfully broke out of it , hoping for pullback to previous resistance for entry for long position. Stoploss under previous resistance which I am hoping will become support. Target at recent swing high.
Entry – 135.96
Stoploss – 129.86 (-4.5%)
Take Profit – 179.7 (32.1%)
RR: 7.2
Asset broke above ascending triangle, was hoping for pullback for entry. Entry was put at last small few consolidation candles to the right of the screen as that is an area of interest. Stoploss put below the previous consolidation. Take Profit at next major resistance.
Entry – 86,581
Stoploss – 85,866 (-0.83%)
Take Profit – 91,375 (+5.54%)
RR: 6.7
