Hey guys! Just spotted this today and I want to see what your thoughts are on this USDJPY H1 triangle break. Are you keeping an eye on this? We think you should! We have the recommend long or short depending on what this pair wants to do in the next few hours. We will keep you up-to-date on this as the day goes. This may be a good trade to take at the...
This is the advanced triangle breakout strategy The purpose of this is to identify different wedge and triangle patterns The strategy will then trigger a trade if the pattern that formed followed the rules to take a trade. To get more info and how to get access please message us! Thank you
This is the advanced triangle breakout strategy The purpose of this is to identify different wedge and triangle patterns The strategy will then trigger a trade if the pattern that formed followed the rules to take a trade. To get more info and how to get access please message us! Thank you
News strengthened the CAD. Can it continue to the 4H 800 sma?
Watching if price fails bullish move and falls back into the range box. 1st sell stop @ 1.7130 2nd sell stop @ 1.7095 1st TP @ 1.7020 2nd TP @ 1.6965
Price returned inside range box. These are my entries and TP. Macd crossed below red signal line. As long as blue line is below red line I am in the trade, if blue crosses above red I am out.
For more information on our Triangle Breakout Indicator comment below.
Watch Macd to cross below Red line and possible 0 level line. Sell Stop @ 1.1160 TP is 100 sma
Pair is posed for a bullish pullback/rev. Let price consolidate 3 to 4 4H bars to firm up the reversal. Otherwise it may be a head fake and go short again. Watch Macd to cross above the red line and 0 level. TP previous sup/res.
If the GBP weakens then this is a possible short trade plan.
Macd crossed below the o level line last night starting possibly a new beginning of the week a bearish short term trend for 50 to 100 pips. Enter on a 15m break-hook go short. Red line is support level I'm using as my TP
The 50 and 100 sma are my guides for price movement on my charts. Price trends, ranges or consolidates. When price moves in between the 50 and 100 sma I call that my in side range. Price can move quickly through both or mostly it will consolidate. If I enter an inside range trade I do not expect to have price momentum going through that space. Also many times...
Pair has room to continue to the top of the 4H channel. Profit zone is 800 sma and top trendline.
This pair has a long stretch of green candles that need to be retraced some. My vacation spot is around the 50% and 61.8% fibs. Also by the 50 sma and 100 sma . Then price can tell you where it want to go next.
Pair is rangebound between 100 sma and 50 sma. Breakout TP will previous support and resistance levels.
Pair is in a descending channel. If price breaks long TP is previous resistance @ 134.40. My bias is short. Price bounced off top channel trendline. There is divergence in rising price and falling rsi. Macd is over-extended long. To confirm bearish move watch for lower lows and lower highs on 15m for entry. 50 sma 1st TP short. 100 sma break short is 2nd...
Pair is in between the 50/100 sma in the center of the chart. There will be a breakout either long or short. Long breakout Buy stop @ 1.1820 TP @ 1.1870 Short breakout Sell stop @ 1.1730 TP @ 1.1690 This is my own personal opinion concerning this pair. Comment below and tell us what you think will happen. It is great way to learn from one another with your experiences.
Low oil inventories should raise oil prices strengthening the CAD. 4H chart is in a range. Enter on 15m chart. Wait for a open/close red candle on the 5m chart. TP is bottom of range box @ 1.2440