Hey Traders, first of all, I want to say thank you to every trader for being part of this business, it is difficult and for the past 5 years I have had my butt kicked a lot, from strategy to strategy, to psychology, emotions basically the overall bubble of what a trader is, as you can see if you are a new trader the sheer difference when it comes to my usual...
Head And Shoulder Pattern. Time to see some momentum to the downside
Outlook bullish Major Level Rejection, next week looking at a bullish push
This trade really tested my patience and to think people hold trades for months on end, patience is everything ,after 2 weeks of holding it, it finally hit TP
Update to the last AUDNZD post. -Bearish rally the entire week -Friday was a rejected candle on 23.6% fibo (check daily) -lots of rejected wicks (false breakout?) -waiting on my candlestick pattern to long this pair
Waiting On Engulfing candle to form for a buy, otherwise looking forward at this pair for next week
-Rejection of price at supply -Wick Rejection of bullish candle -Trendline touch -Sell out after a bullish rally= fake bulls
Update On This pair TP1 HIT 50% TAKEN RISK FREE FINGERS CROSSED IT HITS TP TODAY OR MONDAY
Markets have been a pain in the ass this week lot of wicks and no momentum TP1 HIT 50% TAKEN RISK FREE FOR NEXT WEEK WILL HIT TP FINGERS CROSSED