Entered SHORT on on EURNOK after the break and confirmed retest of the support turned resistance at 9.70000.
Monday gap has broken the 20 SMA as well as the range support and waited for the confirmed retest of the previous support (now resistance) before entering SHORT.
TP is at 9.40000 (365 pips) which is the first logical level of structure while SL just above...
Looking to enter LONG on NZDJPY using Swing Reversal / Early Trend Following.
Price has broken the downtrend as shown on the trendline break and now on the early uptrend.
Price retested the 20 SMA which is the entry filter and closed with very strong upward momentum on the previous daily candle.
The retest also happened within the 23.6 Fibonacci level....
Looking to enter LONG on NZDUSD using Swing Reversal / Early Trend Following.
Price has broken the downtrend as shown on the trendline break and now on the early uptrend.
Price retested the 20 SMA which is the entry filter and closed with very strong upward momentum on the previous daily candle.
The retest also happened within the 23.6 Fibonacci level....
Looking to enter LONG on AUDUSD using Swing Reversal / Early Trend Following.
Price has broken the downtrend as shown on the trendline break and now on the early uptrend.
Price retested the 20 SMA which is the entry filter and closed with very strong upward momentum on the previous daily candle.
The retest also happened within the 38.2 Fibonacci level.
Will...
FX Pair: #AUDCAD
Using TTS Phase I Rules, will enter LONG on this trade due to individual strength of AUD against the CAD on H4.
Placed BUY LIMIT at 0.96500 which is the proper H4 DZ and coincides with the 38.2 Fibonacci Level as well as a major level of structure.
TP at 0.97300 (80 pips) and SL at 0.96100 (40 pips), giving a potential reward of 2R.
Since this...
