royschen07

royschen07

Price Action Trading Daily Bias Bullish. Price retraced back into Daily Support level where price have not broken through. Once arrived at the support level, H4 candles rejected from that level and broken a H1 horizontal level and bearish trendline. Set long trade at broken resistance level targeting Daily Swing high 1:3 RR High Risk trade.

royschen07

Price Action Trading Daily Bias Bullish H4 Bearish, Price retrace back to fibonacci 61.8% level and rejected from previous resistane level. possible turn support. In H1 TF, Price broke a H1 resistance neckline and close above. A reversal H&S pattern formed. Set a long trade at the broken resistance and target Daily Swing high with R:R 1:4 Fundamental data...

royschen07

Price Action Trading Daily Bias Bearish H4 Bearish: There was a consolidation formed and breakout happened towards the downside. With fundamentals supporting double currency direction. In H1 TF, I have set a short trade at the broken trendline with the resistance level targeting the next week low with R:R 1:5.

royschen07

Price Action Trading Daily Bias Bearish H4 Bearish, Price retrace back to at least 61.8% and rejected from a previous horizontal level. H4 candle was bearish candle. In H1 TF, Price broke a H1 support neckline and close lower. Set a short trade at Broken support level and TP at Swing Low of Daily TP with R:R 1:8

royschen07

Price Action Trading Daily Bias Bearish H4 Bearish, Price retrace back to at least 50% and rejected from a previous horizontal level. H4 candle was bearish candle. In H1 TF, Price broke a H1 support neckline and close lower. Set a short trade at Broken support level and TP at Swing Low of Daily TP with R:R 1:5

royschen07

Price Action Day Trading Daily Bias Bullish H4 TF price retrace back to a strong horizontal level. Then price formed a bullish candle pattern and rejected from that level. H1 TF Price formed a triple bottom pattern and break through with a strong momentum candle towards upside. Set long trade at the broken resistance of consolidation targeting Swing High for...

royschen07

Price Action Day Trading Daily Bias Bearish. POI - Price broken out of a consolidation. Going down to the H1 TF, Setting a short trade at the broken support level with a SL above the swing high in H1. Targeting Daily Swing Low R:R 1:5 Risk not more than 1% each trade.

royschen07

Price Action Day Trading Daily Bias: Bullish, Price broken through long term resistance and closed above POI: Price is retracing back to the broken resistance after formed a higher high. Based on Currency Index, NZD is close to support level and CHF is close to resistance level. Based on those confluence, NZDCHF will have a higher chance of bullish reacting at...

royschen07

Price Action Day Trading Daily Bias: Bullish POI: Price retrace back into H4 support horizontal level and rejected from that. Price went bullish breaking through bearish trendline and H1 resistance level. H1 TF, price formed a double bottom with a strong horizontal level of the neckline. Setup: H1 Broken neckline set a long trade with SL below double bottom...

royschen07

Price Action Day Trading Daily Bias: Bullish POI: H4 support level that have been rejected multiple times. Price retraced back and confluence with trendline. Price formed a double bottom at POI and created a higher high to confirm a trend reverse towards upside Setup: H1 broken resistance (neckline for double bottom pattern) with SL below Double bottom swing...

royschen07

Price Action Day Trading H4 Bias: Reversed into bearish Broken H4 support level. Price has reversed from bullish movement. USD is expected to weaken due to bad economic news. CAD is stronger as the OIL price is doing well now. Price is expected to go lower. Setup: Short trade at broken horizontal level as price is extremely sensitive at that level with SL above...

royschen07

Price Action Day Trading H4 Bias: Bearish Broke through a swing low closing lower. Fundamental support that EUR is bearish and expect to increase interest rate. NZD is bullish and got intention to increase interest rate. Setup: short trade at broken support level with SL at H1 swing high. Targeting next H4/D swing low

royschen07

Price Action Day Trading H4 Bias: BULLISH Broken through resistance trendline and resistance. Price rejected at the strong support level and formed a higher high. Price heading uopside Setup: Set long trade at the horizontal level targeting Daily Swing high with SL below H1 swing low.

royschen07

Price Action Trading H4 Bias is bearish. forming a lower low and highs/ Still displaying a strong bearish movement. Price retrace to H4 horizontal level forming a flag pattern. Price rejected from the horizontal level and broke H1 support & flag support level. Set short trade at broken H1 support with SL above swing high of retracement. Targeting Swing Low of...

royschen07

Price action day trading. H4 Bias Bullish Broken H4 resistance and price is setting higher high & lows. Set long trade at broken H1 resistance level and SL below H1 previously low targeting H4 Swing high with a R:R 1 : 6 . This is a very short term trading.

royschen07

Price Action Daytrade. H4 bias is bearish. Price broken through H4/Daily support level. There is not immediate reversal, it is not a fake breakout Going to lower TF H1, Setting a short trade with SL 20pips from entry. R:R targeting H4 Swing Low previously R:R 1:5. Entry at broken support (H4). Price should continue bearish.

royschen07

Price Action Daytrading H4 bias bullish. Not expecting FED to cut the rates this coming Jun. USD will hold bullish till Sept. Price has broken a H4 Resistance level and went higher. Price did not reversed back into the range which shown that price is not fake breakout. Price retrace back in the H4 Broken Resistance that turned support. At the support level, it...

royschen07

Price Action Daytrading. H4 Bias is bullish. Price is having a higher high and low. As we are aware that USD is not changing interests till likely sept. CPI is going strong. USD is bullish. H1 TF, Price broken through a resistance level. Price is expected to head higher. As JPY & USD news are out on thur and friday. Price will continue to move until then. Set...