hongkonginvestor

hongkonginvestor Updated 

Bearish cypher on the EURAUD 4H. Price has been consolidating, which is prime for these types of patterns Entry price: 1.48885 Stop loss: 1.50412 Take profit 1: 1.47900 Take profit 2: 1.47116 Targets will be adjusted based on extension of the D leg. Will move to breakeven if T1 is hit.

hongkonginvestor Updated 

Bearish trend continuation confluence trade on the EURCAD 4H. 1. Overall bearish trend 2. 3x trendline touches 3. Retracement to the 50% level from the most recent swing (not closed above) 4. At previous structure swap zone 5. Entry on bearish pin bar (aggressive) Entry: 1.35429 Stop loss: 1.36152 Take profit: 1.34001 Risk/Reward: 1/1.98

hongkonginvestor Updated 

Bat pattern formed this week to offer up a short position on the USDCAD 4H Entry at: 1.28176 Stop loss at: 1.29091 Target 1 at: 1.26676 Target 2 at: 1.25667 Targets will be moved to account for extension of D leg

hongkonginvestor Updated 

Gartley pattern formed this week and got triggered in this afternoon Previous level of resistance likely to act as support before GBP moves higher. Entry at: 1.92124 Stop loss at: 1.90807 Target 1 at: 1.93080 Target 2 at: 1.93728 Targets will be moved to account for extension of D leg

hongkonginvestor Updated 

I didn't have time to post this trade before I went to work, but it was spotted and triggered in around lunchtime. Price had moved down into a level of previous structure support. Aggressive buy limit order set at 0.91095 Stop loss set at: 0.90736 Take profit 1: 0.91459 Take profit 2: 0.91683 Targets will adjusted based on price movement beyond entry...

hongkonginvestor Updated 

Bat pattern formed slowly this week and got triggered in late last night. Previous level of resistance likely to act as support before GBP moves higher. Entry at: 165.062 Stop loss at: 164.202 Target 1 at: 166.193 Target 2 at: 167.052

hongkonginvestor Updated 

Price has been in a downtrend and is now in a descending wedge pattern. Entered at 1.45993 Stop loss set at 1.46921 Take profit 1 at the 50% retracement and previous minor structure: 1.45066 Take profit 2 near the extreme of previous structure: 1.43616 If TP 1 is hit I will roll stop loss to break even for a risk free trade.

hongkonginvestor Updated 

Bearish Bat on the GBPJPY 4H Entry was at 162.310 Stop loss at 163.770 Target 1 adjusted to 161.101 Target 2 adjusted to 160.328 Once T1 is hit I will roll SL to break even for a risk free trade.

hongkonginvestor Updated 

Long position established on the NZDUSD 4H Price has recently made new highs Bullish trendline touched and held +3x Retracement to the 50% Fibonacci level Price held at an area of previous structure support MACD signal line just about made a new high relative to the most recent push higher by price Bullish pin bar held at the 50% retracement followed by a...

hongkonginvestor Updated 

Bearish Cypher on GBPNZD 4H Entry at 1.90192 Stop loss at 1.91701 Target 1 adjusted to 1.89408 Target 2 adjusted to 1.88448 Once target1 1 is hit I will roll SL to break even for a risk free trade

hongkonginvestor Updated 

Bearish trade idea on the EURCAD 4H... Price has been in a downtrend for months. Price is now in a descending wedge and has recently broken most recent outside return to the downside. Price has touched the upper support trend line 3 times and respected on the third touch. Price was rejected at the 618 Fibonacci retracement from the most recent swing...

hongkonginvestor Updated 

Bullish Cypher NZDCAD 4H triggered in overnight... Entered at 1.88294 Stop loss set at 1.87391 Take profit 1 is at 1.88902 Take profit 2 is at 1.89309 If TP1 is hit I will roll SL to break even for a risk free trade.

hongkonginvestor Updated 

Potential bearish Cypher USDCHF 4H Set an aggressive sell limit order at 0.93509 Stop loss set at 0.94043 Take profit 1 is at 0.93159 Take profit 2 is at 0.92955 If TP1 is hit I will roll stop loss to break even for TP2

hongkonginvestor Updated 

Bullish Cypher spotted late last week on the EURAUD. Set an aggressive buy limit order at 1.47283 Stop loss set at 1.47283 Take profit 1 is at 1.49582 Take profit 2 is at 1.50993 If TP1 is hit I Will roll stop loss to break even for TP2

hongkonginvestor Updated 

Potential Bearish Cypher spotted on the GBPNZD 4H Set an aggressive SELL limit order at 0.94190 Stop loss set at 0.94661 Take profit 1 is at 0.93890 Take profit 2 is at 0.93705 If triggered in, I will move TP based on the extreme of the D leg completion If TP1 is hit I Will roll stop loss to break even for TP2

hongkonginvestor Updated 

Check out this potential bullish Gartley pattern on the NZDUSD 4H chart... X to A impulse leg detected A to B retraces beyond the 618 XA retracement but does not touch the 718 B to C leg extends beyond the 382 retracement of the A to B leg Now just waiting for price to trigger us in at the 1272 extension of the A to B leg Stop Loss is the 113 extension of the A...

hongkonginvestor Updated 

What does everyone think of this potential bullish Gartley? WTI has been on a tear recently and seems to be entering a period of consolidation. I don’t use fundamentals to trade but with the OPEC monthly meeting coming up I predict we’ll stay in consolidation until then, which could be good for this consolidation trade. What are your thoughts?

hongkonginvestor Updated 

Price has hit a reversal point on the daily. On the 4H chart, price has been making new structure highs whilst making 3 trendline touches (but not closes below) Price has recently retraced into a recent level of structure support. Price also retraced into the 382 Fibonnacci level. Price rejected at recent support and entered into a descending channel. Entered...