Price broke out from correction trend line, almost missed the opportunity but fortunately there is still room for a trade
Price breaks from support but turns out to be a fake out, i took a trade in USDCHF going short instead. *Thumbs up for money management and for knowing pair divergence* HAVE A GREAT WEEKEND EVERYONE
I will be looking for a sell setup in the zone, no clear setup no trade.
Price is making a correction in lower time frame from the rising wedge pattern, i will be taking short trade in this pair. Could have taken the trade early in the pattern with great RR but NEVER FOMO ( FEAR OF MISSING OUT ) because there is much more opportunity i can take later on. * The risk to reward shadow is just an estimate *
* Trade hits TP 1 about 100 pips / 1000 points * I partially closed my positions, moved SL level to a better RR and let the rest run.
Price is probably going to have a double top pattern in the uncompleted leg CD, i decided to close the trade with profit and look for another opportunity in this pair.
* HEAD AND SHOULDERS PATTERN IN DAILY * Price breaks from trend line of the right shoulder and retest the resistance, hence going to complete the pattern.
* RISING WEDGE PATTERN H4 * i missed this beautiful short trade in this pair, oh well, i'll be looking for a correction setup to enter the second chance trade in the pattern. If there is no second chance just move on and seek for a new opportunity.
* POTENTIAL BEARISH BAT/BUTTERFLY?? * Price made a correction in lower time frame and breaks the trend line, i will still be in a long position in the completion of leg CD
* PRICE REACHES SHORT CONFIRMATION ZONE AND MAKES A RISING WEDGE PATTERN * Took the trade and its running, It looks like its going to make a correction in the lower time frame and then continuing the pattern's trend. If there is a confirmation to the correction it will be a second chance entry.
* INVALID FALLING WEDGE PATTERN* Trade hit SL, i will be looking for retest of resistance and a short setup in lower time frame to confirm the downward move
*DOUBLE BOTTOM PATTERN H4* Price broke from the double bottom neck line. If there is a long setup in lower time frame retesting the neckline, it will be a second chance entry of the pattern
*I TOOK THE TRADE* Price breaks the Consolidation indicating pattern completion , price may continue to go downwards
*RISING WEDGE PATTERN H4 RETESTING THE H&S PATTERN IN DAILY* A daily bearish trend line false breakout?? / daily bearish trend line breakout?? I would not short this pair if there is no confirmation candle, however if there is a confirmation, it will be a -+100 pip trade.
*PRICE IS MAKING A RISING WEDGE PATTERN WITH BEARISH DIVERGENCE STOCHASTIC TO CONTINUE DOWN* I will look for a false break or a better setup to entry
*FALLING WEDGE PATTERN IN H4* Price is rejecting from harmonic support zone and a divergence in the stochastic, indicating the completion of the falling wedge pattern. I am going long on this pair, could have taken the position in better RR but i missed it, but i still took the long position in the second phase entry of the pattern.
*RISING WEDGE PATTERN DAILY TIME FRAME* Second chance short entry after retesting the harmonic resistance zone. Will be waiting for a confirmation in daily time frame and lower time frame after it touches the harmonic resistance zone.
*Rising broadening wedge pattern in H4* Looking for a double top or another pattern confirmation in lower time frame to entry