📉 Entering a short trade on AUD/USD as price breaks below the ascending trendline. I'm watching for a possible rejection at the current highs to confirm downward momentum. 🔻 Entry: 0.67922 (waiting for confirmation after trendline break) 🎯 Take Profit 1: 0.67446 (+47 pips) + Move SL to BE 🎯 Take Profit 2: 0.66924 (+99 pips) 🎯 Final Target: 0.66222 (+170 pips) 📈...
I have entered a short on USD/JPY after price broke below a key ascending trendline on the 1H chart. Entered at 143.658 with a Stop Loss set at 144.520 (-89 pips risk). Target Levels: TP1: 142.189 (+148 pips) - Moving SL to break even once this is hit. TP2: 141.319 (+235 pips) TP3: 139.579 (+407 pips) This setup offers a solid risk-to-reward ratio, with...
Watching the GBP/JPY pair closely for a potential short setup. Price is approaching a critical area near the ascending trendline, and I'm anticipating a potential breakdown from this level. Plan: Wait for a break and retest of the trendline around 190.546 for confirmation before entering short. Entry: 190.546 (on the retest after a confirmed break) Stop Loss:...
NZD/JPY Short Setup – Trendline Break & Retest I'm watching the NZD/JPY pair on the 1-hour chart. We've seen a clean break below the ascending trendline, signalling a potential reversal. I'm looking to enter short on a retest of the broken trendline at 89.590, with a stop loss at 90.100 (-51.4 pips). The setup offers a solid reward-to-risk ratio with multiple...
📈 Trendline Break and Retest Setup I'm sharing a potential long trade idea based on a clean trendline break and retest. After a sharp downward movement, price has broken through the descending trendline, signalling a possible reversal. 🟢 Trade Plan: Entry: Waiting for confirmation of a retest around 189.358 before entering long. Stop-Loss (SL): Positioned...
I've entered a long position on NZD/JPY following a breakout above the trendline. A 30-minute candle closed above the resistance level, after which the price retraced to test and confirm the former resistance as new support.
Trendline Break Play: 1.Wait for a valid trendline break on a higher timeframe (e.g., 1-hour chart). 2.Wait for Closure Above 1-Hour Resistance: Wait for a full candle to close above this resistance to ensure a genuine breakout. 3.Wait for Retest of Support: After the breakout and closure above resistance, wait for the price to retrace. The previous resistance...
Trendline Break Play The trendline has been broken. Now, I'm waiting for a close above the 30-minute resistance (0.67302). Once this closure occurs, I'll look to enter a long position on the retrace.
I have taken a sell on gold as the 1 hour has closed below resistance and price has retraced back to the resistance.
Am looking to take a position on GBPUSD. Wait for a 15 minute closure above or below It looks more prepped to sell off rather than buy off. In the rare case that it does reverse, I will take buys above range 2. There is news in about 12 hours so please be mindful.
Looking to take some sells on GU 1 hour failed to close above resistance (at top) twice then came down and closed below the 4 hour resistance. Entry 1.27108 SL 1.27191 BE point 1.27076 TP 1.26944
Looking to take a long at 156.784 (Daily resistance) Confirmations 1. Closed into new range on the daily charts 2. Strong uptrend 3. Price has rejected off entry in the past 4. Monthly looks like it's trying to flip and drive 5. Price is slowing down near entry signalling a possible reversal Stops are placed below the nearest 4 hour higher low
Looking to take a sells based off daily trendline break Trendline has been broken, now waiting for a daily closure below the range.
Have entered a trade based off the daily time frame Entry 2309.699 SL 2277.345 TP 2374.656
Have marked up the chart based off the 1 hour chart. Daily is likely to continue bearish if you look at the higher time frames. Set your alerts and enjoy your day
Have marked up charts on 1 hour time frame. Daily bias is slightly bearish. Do not trade in the No trade zone as you may get faked out Set your alerts and watch how price reacts to those levels
Have marked up charts based on 1 hour time frame. Should push up, however the daily has no bottom wick so be wary of that Set your alerts and watch how price reacts to those levels
Range 1 buys after 1 hour closure above. Range 3 sells after 1 hour closure below. This will help you avoid fake outs