Simple higher highs, lower lows, lower highs... lower lows? | Entry at a reasonable demand zone | Setting my stop loss above the zone I think it rejected off of
Okay, i do not have a lot of experience with break and retest of trendlines | I believe this trade will go up because, the zone it rejected off of makes sense, making higher highs and higher lows, and of course the trendline break which could also be seen as break of wedge as well | Risk same as usual, price could just be accumulating orders
It was approaching my sell limit, however it bounced off the MA which is also a nice area to sell. | My sell limit logic was that it needed to go above the previous wick off of the same zone for more orders to push it down | Depending on how the H1 Candle close is, I may enter with a worse RR of around 1:1.5 up to 1:2 | Will update if i do, this is like my trading journal.
Hit my sell limit, though went up a bit more! Will add more details soon.
As simple as it is in the description! Hopefully this small rejection turns into a big one. | Not much other comments, maybe will make it 2x position
Same as the EURCHF previous trade but better looking!
I'm not great at calling strong bottoms or tops but here goes! | Before calling bottoms or tops though, I think I should have a (bullish)/bearish bias in this case. Do I have one? Not really except on the H1 so maybe will have a closer TP. 1:1.5RR maybe
I'm gonna revenge trade you now CADJPY for hitting my stops then going right up! I will now go the opposite direction! | Truth is i missed a reentry on the trendline break after trending down and now I want to sell because its at a sell zone where before it started trending | maybe stops can be a little higher and TP more down but not gonna change it here just...
After a period of consolidation, you can't give that small of a breakout! Unless it's a fakeout.. which it could be | Also for real, it consolidated downwards a bit from a good demand zone and maybe cut out some sellers then down and retest broken H4 Uptrend | Looking to reach origin of uptrend but of course TP before then
Missed my buy limit but made a higher high on the lower timeframe, so looking for an entry now and now it appears as a right shoulder | SL with my initial Buy limit stoploss and TP a little less
I am somewhat bullish now with this, no better place to buy for a good RR other than where it rejected from!
Yes, I am ready to sell high and buy low on the smaller timeframe, | It is possible that it may go lower and break through the buy limit in my view so risking less on the buy limit also may not even reach | I take this trade because I sold the initial reject but got stopped at BE, now i re enter with trading plan RR, I still see it as valid as it broke the small...
I know the pair looks bearish on the higher timeframe, and maybe it is as the daily zone had been breached | I bought the rejection of the double Fib level | Expecting it to be a fakeout | 2 positions taken for money management reasons
Buying at the right shoulder! Seems like a good trade | Inverse crown and happened at a good zone and good RR, can possibly go for more! (If it works out that is)
Well, USD may be bearish but the market goes up and down | I take this area as a flip zone | Fib for confluence
Seeing this as bullish for the long term so placed a buy limit there | Could be a flip zone near the same area | Placed stop there because price may go down to the next zone before back up! | Daily rejection area is okay but not great
Probably a nicer RR at the Fib level but I wasn't here to take it | Rejection is off of a nice area on the H1 | Not as nice area where the pattern has formed as it seems like a weaker area on the higher timeframe | I still take it as it could be strong enough to finish the inverse right shoulder and the RR is still good
I bought cause the price broke through the demand once, went through that MA, and is now making higher highs and higher lows!