Explain the Idea : - Price test 3 years resistance. - Price touched the upper BB. - Clear divergence in RSI. - Head and shoulders formed .. break below the neck (Green Line) will confirm the down shift. Risk management / SL & TP - Pending order of (SELL STOP) right below the green line. - SL to be placed above the right shoulder. - 1st TP at 38.2% (black line)...
Explain the opportunity : - Price test the 61.8% fibo level which ageing since 2015. - Price crossed above the BB upper band. - Clear divergence in RSI. - Double top formed. Risk Management / SL / TP : - Pending order "Sell Stop" right below the neck of Double tops (Green Line). - SL level to be placed on the validation area right above the swing high (Orange...
Explain the opportunity : 1- Price test the strong Fibo level 78.6%. 2- Price brake the wide upper band of BB. 3- Clear divergence in RSI supporting the down shift. 4 - Awesome inside bar formed in Daily chart. How to enter the trade / Risk management / Take profits : - Sell Stop order right below the mother bar (Green Line). - Stop loss level to be above the...
Explain The Opportunity in daily chart : 1- Price is testing a strong fibo level 78.6%. 2- Touched the BB wide Upper band. 3- Clear divergence in RSI. 4- Awesome Inside Bar. When to enter and SL/TP explain : - Pending order (Sell Stop) right below the mother bar of Inside Bar (below the green level) - Stop loss level should be above the mother bar (above orange...
If you checked my last post few days ago you will know i am holding a long position already with a great profit :) I think if price brake down the IB price will go straight forward to 107.000
everything explained on the chart lets wait and see .. good time for popcorn :)
We sell the brake out and SL above the swing high we have 2x TP 1st @ 38.2 Fibo 2nd @ 61.8 Fibo what do you think ? :)
I will buy now with SL below 1.38000 and TP1 @ 1.40200 , TP2 @ 1.41150 Good luck
Order : BUY STOP Entry point : 108.300 Stop Loss : 107.400 TP1@ 108.800 TP2@ 109.600 TP3@ 110.100
Confirmed short setup SL above 29.250 TP1@ 74.600 TP2@ 71.700 TP3@ 67.100
Cross above 1.27350 will confirm the long setup will keep SL below 1.26200 TP1@ 1.27950 TP2@ 1.29000
We are watching this pair for a potential short setup .. will keep you updated
Sell now Keep SL above 0.87150 We have 3 TP levels marked on the chart Good Luck !!
We have a confirmation for short trade at 4H chart therefore i am going short in this pair with following SL and TP SL @ 0.78300 TP1 @ 0.74200 TP2 @ 0.70600
In 4H chart we have a confirmation for short entery with expected target 82.400 and 80.750 Therefore we are placing SELL STOP order @ 83.750 sl @ 84.750 TP1 @ 82.400 TP2 @ 80.750 Good Luck
It looks like price responding to 61.8 fibo level .. anyhow we are waiting for confirmation first for this epic 700 pips trade will keep you updated :)
I am buying now Keeping the SL below 108.700 We have 3 TP levels as usual on the chart Good Luck !!