4 Hour Chart Bearish Divergence Head & Shoulder Pattern and Break Below Neckline Sell Limit at 0.382 fib retracement (21490) This 21450-21490 area has also served as previous support. Break below neckline assuming support turned resistance Stop Loss set above the right shoulder TP 1 calculated based on risk taken at 1:1 TP2 calculated based measured move of...
15 min bearish divergence Sell market at 42720 SL above the highs TP based on risk taken 1:1 RR Trade
15 min time frame Rejection from PRZ 19680 Entry below the HL SL above the highs TP based on risk taken 1:1 RR Trade
Look for scalps at support and resistance zones if price is respecting the levels
Analysis on hourly and 15 minute time frame S/R marked on hourly, trade execution on 15 minute time frame Looking for CL(Oil) to continue uptrend holding hourly support Entry at 0xurrent price targeting the highs as TP and SL below hourly support level 1:1.5 RR Trade
Trade Plan 05/17/2024 Watch overnight PA and consolidation area, after NY Open wait to see if consolidation zone works as Support/resistance or magnet as chop zone. 1. IF Consolidation area works as support, go Long 2. IF Consolidation area works as support. go short 3. IF Consolidation area works as magnet and chops, play the range until it breaks
USDCHF Daily Chart with Bearish Divergence Testing the Supply Zone. Looking to enter above the current leg high with SL above the previous high and TPs placed in demand zones 1:3 RR Trade
US500 4hr Chart Bearish Divergence Confluence with DXY Breakout Sell Stop below the current candle low TPS calculated based on risk taken 1:1.5 RR Trade
DXY Daily Chart Potential AB = CD Pattern Buy Dips with 103.9 SL with potential target of 106.5. Big Potential short in play at 106.5
USDMXN Daily Chart Falling Wedge with Bullish Divergence on Daily Chart Buy Stop Placed above the LH with SL below the Lows TPs calculated based on the falling wedge pattern width 1:1 and 1:2 RR Trade = 1.5RR Total
Monthly Chart Symmetrical Triangle Break of 8030 or 1030 will create a strong trend As of April 2024, trend is positive for XPTUSD being green 70% for April last 10 years and testing bottom of the symmetrical triangle and nearing monthly support Can buy dips down. As long as 850 holds can play long if it breaks, switch bias
NAS100 Daily Chart Rising Wedge Break Sell on Rise with SL above the highs TPs calculated based on risk taken Price Projection based on Rising Wedge Pattern width 1:3 RR Trade
BTC Daily Chart Bull Flag Buy on retracement to Golden Pocket (bottom of flag) SL set below the current leg TPs set based on the risk taken Price Projections based on the Bull flag breakout 1:1.5 RR Trade
Gold Daily Chart Bull Flag Buy on retracement to 0.382 (flag bottom) Stop Loss below the 0.786 level of leg (invalidated) TPs calculated based on the risk taken Projection of price based on bull flag pattern 1:1.5 RR Trade
AUDCHF 4 Hour Chart Trading in Bullish Trend Formed a Bull Flag, confirmation on break of 0.58300. Ideal to play on break of that area Risky Trade (Flag pole high is not broken) Buy Limit set on retracement to 9 EMA SL set below the Flag low TPs set based on the projection of flag pattern breakout 1:2 Trade
GU in a bullish trend on Daily Time Frame Broke above the Previous year's high and no divergence on RSI. Price is now retracing to form a HL getting support from 9EMA. Buy Limit set at the 0.5 fib retracement level and SL below the low of the current leg TPs set according to the risk taken with 1:1 (TP1) and 1:2 (TP2)
Platinum has been trading in a range on hourly and 4 hour chart Hourly Chart Bearish Divergence Sell on retracement to 0.382 fib level Stop Loss set above the highs and TP set with 1:1 ratio and previous resistance turned support
Weekly Plan 03/11 - 03/15 Watch for the Pivot level to get rejected or taken over this week especially after CPI release on Tuesday to get a bias for trading bullish or bearish bias Sell Below 18000 level Buy Above 18000 level