Trading Timeframe: 4H and Daily Trend: Down Current Position: Bearish signs formed, potential downtrend continuation. Aim: Ride on downtrend. Action: Short Aggressive Entry: Right now/once market open Best Entry: Bear candle show up in 4H timeframe. Stop Loss: 1.51600 Target Profit: 1.47700
Trading Timeframe: H4 and Daily Trend: Up Current Position: Possible Downward Retracement Aim: Not going to trade the downside retracement of the up trend, will wait and monitor to ride on uptrend once bull shows it's sign. Action: Wait Entry: TBA Stop Loss: TBA Target Profit: TBA
Trading Timeframe: H4 and Daily Trend: Up Current Position: Downward Retracement Aim: Catching the downside movement as a retracement of the up trend. Action: Short Entry: Right now/once market open Stop Loss: 72.90 Target Profit: 67.50
Short #JPM Timeframe: Daily and Weekly Entry: 106.50 - 109.00 to be confirmed by bearish candle and hike of volume. Stop: 113.00 Target 1: 92.00 Target 2: 89.00 Big guys perspective : Big guys played around the price to cause Price distribution ranged since Jan 2018 to Nov 2018 until the downside break out in Dec 2018 where they have collected quite a decent...
JPM short entry: 106.50 area to be confirmed by bearish price action candle. stop loss: 113.00 target: 89.50