Search in ideas for "INSIDE BAR"
EURAUD, daily tf, inside bar breakout to the downsideWe see an inside bar pattern on the daily chart and price pretty much break below the candle.
It also closed below EMA-21 and we might see further drop from this pair.
Sell EURAUD 1.5555
Stop loss 1.5635 (80 pips)
Take profit 1.5275 (280 pips)
RR ratio 1 : 3.5
Use only 1-2% risk
Good luck
$GOLD Daily inside bar levelsHI guys gold has daily and a 4 hr inside bar, I am looking to get long on break of Fridays high w a stop against just below Fridays low, You can also short on break of Fridays low (little to no interest to short) Take profit 1-1 risk adn 1-2 risk, stop to break even after TP 2 is touched
$ES Bearish cypher w 4 hour Inside bar Hey guys found this bearish cypher on $ES it is bullish rn w high RSI so risky short, it has inside bars right at trigger w 4hr ib set up, there is institutional money on this but they might be trapping folks because its on low volume, this 4 hr IB breaks low should bring in sellers, Aiming 382, 618, 1, if short
618% & weekly inside bar levels Bullish over yellow line if it breaks low look to PRZ (price reversal zone) for long and adds(w bullish price action), gap below is always of concern the wide stop on lower bounce level. being all windows are closed" i used wide stop below & 2nd second stop for weekly inside bar break out buy (gaps are windows in jap. candlesticks term.btw ) for @zumaTech he finds some good ones id watch it
NZDCHF, daily tf, inside bar pattern continuationHello my friends,
Another setup for next week is NZDCHF pairs.
As you can see there is an inside bar pattern on this pair right now.
I think we could pretty much see price continue to go up because NZD is bullish.
It is supported by the EMA which is below the price so we will only look to buy this pair.
We could also use an assumption that this upwards movement might respect elliott waves rules and marked the first 2 swing as Wave-1 and Wave-2.
Right now we're on Wave-3 and i think it could go until 0.6380 area whic is where we put our take profit.
Buy limit NZDCHF 0.6285
Stop loss 0.6250
Take profit 0.6380 (2.7R)
RR Ratio 1 : 2.7
Use only 1-2% risk
Good luck
Check my NZDJPY trading plan as well on the link provided below.
Give it a like and follow me for my next update.