- The channel that was created on the lower timeframe made a reversal to the upside
- wait for a correction after the breakout of the channel to confirm the bias of the break
- if there is no correction after the breakout, the channel might evolve into a bigger correction
- my 16 2022
- The price failed to make a clear impulse to the upside, which means this channel of correction is still valid
- the lower time frame (1h) is making an impulse to the downside.
- wait for a break on the channel on the lower timeframe and observe the 15m for entries.
- use sell stops for entry and don't forget to place stop loss in case the analysis is wrong....
- the price respected the double bottom area on the higher timeframe
- wait for a correction on the lower timeframe to break and observe the 15m timeframe
- ook for entries on the 15m timeframe and enter using a buy stop
- don't forget to place stop loss in case the trade analysis is wrong.
- may 13 2022
- respected the higher timeframe double top top
- observe a potential continuation channel on the 4h/1h timeframe
- wait for a break of a 1h or 4h channel before observing the 15m timeframe for entries
- may 13 2022
- continuation channel is being formed in the 1hr timeframe after the impulse
- wait for a break from this structure and observe
- if all the confirmation is present place a sell stop above the channel after the breakout
- may 12 2022
- The overall bias based on the higher time frame is short ,so look for short opportunities.
- wait for the 1h channel to break to the downside and observe the 15m for a potential entry
- if the channel impulsively break the high of the channel DO NOT LOOK for trades because the overall bias of the trade is short.
- may 11 2022
- improved version of the previous nzdcad trade
- after careful analysis of the higher time frame we are at the bottom of the channel expecting a buy on the upside
- observe different lower time frame to see if we will continue tot the upside
-may 11 2022
- currently on track to go above the highs of the channel. also on the area of the double bottom
- after the break wait for a continuation channel to form on the 15m
- observe the 15m for a potential entry.
-there was an impulse to the upside and a recent impulse to the downside
- the two impulses created a head and shoulder type of pattern
- enter once the 15m channel is broken, and set the stops above the highs.
- May 10 2022
- price is currently in a double top
- there is a continuation channel in the 1h timeframe, and there is also a head and shoulder type of patter
- wait for a break in the 1h timeframe channel and wait for a setup in the 15m timeframe
- may 10 2022
- Wait for a break in this 1h continuation channel
- after the channel is broken observe the 15m for a continuation channel to form and enter from there
-May 10 2021
- Currently in correction phase of the market
- Wait for a break in the structure of the channel (continuation)
- after the break of the channel observe the price on the 15m timeframe for a potential entry
- may 10 2022
Waiting for a break in the 4h channel to the upside
Once the break happens observe the 15m for an entry long.
anticipate a continuation channel to the upside if there is no channel DO NOT enter
- The reason for entry in this pair is similar to cadchf (previous post).
- Head and shoulder type of pattern caused by the two recent impulses to the upside and downside.
- set an entry once the 15m channel is broken. Set stops above the highs.
- May 10 2022
