That’s a follow-up on Short Term Bearish Idea _ EURAUD H4 originally shared on 06-07-2022. Both Targets hit without any significant consolidation or pullback. There are no Divergences against. So there is more to the DOWN side. Targets 3 @ 1.4786 Target 4 @ 1.4700 Move Stoploss @ 1.5260
That’s the 2nd follow-up on Short Term Bearish Idea _ EURJPY H4 originally shared on 23-06-2022 with 1st follow-up on 05-07-2022. Target 1 @ 139.787 ….. Achieved on 05-07-2022 ….. 250 pips move Take partials @ 138.245 ….. on 06-07-2022 ….. that’s another 155 pips move Trade Management Close half of the running Lot Size. Target 2 @ 136.600 Move SL to 142.425
1- Bearish Divergence followed by Convergence. 2- Convergence suggests Consolidation / Pullback and further continuation to the DOWN side. 3- Enter @ Pullback or Retest of the Most Recent TrendLine for proper Risk Reward Ratio.
That's a 2nd follow-up on Short Term Bearish Idea _ CADJPY H1 originally shared on 30-06-2022 and 1st follow-up on 01-07-2022 The Price Action is again retesting the support zone just short of Target 1 from where it had bounced before. Trade Management Again take partial profits and reduce exposure to 50% of the original Lot Size.... That’s cashing in a move of...
1- Daily in a rising channel. 2- Price action is bouncing after retesting Top of the Channel. 3- Potential Bearish Divergence. 4- H4 Bearish Divergence. 5- Price action has flipped by creating new LH and LL. 6- Bullish Divergence suggesting a move UP followed by further continuation to the down side. So we are trying to trade a Pullback / Correction against the...
That’s a follow-up on Short Term Bearish Idea _ EURJPY H4 originally shared on 23-06-2022. Target 1 @ 139.787 ….. Achieved on 05-07-2022 ….. 250 pips move Trade Management Close 75% Lot Size. Target 2 @ 136.600 Move SL to 144.00
That’s a follow-up on Short Term Bullish Idea _ AUDNZD H4 originally shared on 28-06-2022 Trade Management The price action is approaching resistance zone. Take partial profits. Close 75% Lot Size. Move Stoploss @ 1.096
That’s follow-up on Short Term Bearish Idea _ AUDNZD H1 originally shared on 30-06-2022 Target 1 @ 1.1038 ….. Achieved on 1-07-2022 Target 2 @ 1.1010 ….. Achieved on 1-07-2022 There is no Divergence against, so there is more to the downside.
That's a follow-up on Short Term Bearish Idea _ CADJPY H1 originally shared on 30-06-2022 Trade Management The Price Action has already delivered 150 pips move from the entry point. Take partial profits and reduce exposure by 25%
That’s follow-up on Short Term Bearish Idea _ AUDNZD H1 originally shared on 30-06-2022 Target 1 @ 1.1038 ….. Achieved on 1-07-2022
That’s a follow-up on the Short Term Bearish Idea _ EURCAD H4 originally shared on 28-06-2022. Target 1 @ 1.3523 _ Achieved on 29-06-2022 Target 2 @ 1.3461 _ Achieved on 30-06-2022 Trade Management: Close 80% Lot Size Move Stoploss to Entry @ 1.3582 Target 3 @ 1.342 _ Achieved on 30-06-2022
That’s a follow-up on the Short Term Bearish Idea _ CADCHF M15 originally shared earlier on 30-06-2022. SL HIT. Better trade management would have saved the losing trade. 1- 0.7390 had been resistance in the past. 2- The price action retested the same level 5 times. 3- Therefore, lesson learnt is that if the price action is rejected from a certain level...
1- Bearish Divergence on MACD Indicator. 2- Enter at valid Trendline Breakout. Target @ 0.73865 Protection @ 0.7425
1- Bearish Divergence on MACD Indicator. 2- Most Recent Trendline Breakout. 3- Main Trendline Breakout. We might expect a pullback and further continuation to the down side. Target 1 @ 1.1038 Target 2 @ 1.1010 Protection @ 1.10925
1- Multiple Bearish Divergences on MACD Indicator. 2- Enter at valid Breakout of most recent Trendline. Target 1 @ 104.000 Target 2 @ 102.500 Protection @ 109.300
That’s a follow-up on the Short Term Bearish Idea _ EURCAD H4 originally shared on 28-06-2022. Target 1 @ 1.3523 _ Achieved on 29-06-2022 Target 2 @ 1.3461 _ Achieved on 30-06-2022 Trade Management: Close 80% Lot Size Move Stoploss to Entry @ 1.3582 Target 3 @ 1.342
That’s a follow-up on the Short Term Bearish Idea _ CADCHF H1 originally shared on 28-06-2022. Target @ 0.7385 ….. Achieved on 29-06-2022
Manual Analysis on Gold H4 from March '21 to date. Intent is to figure out how well Gold's Price Action responds to; Divergence, Convergence, Hidden Divergence, Extreme Divergence, Continuous Divergence. Indicator used is MACD. Conclusion: Divergences worked really well especially when coupled with major levels of support and resistance.