on the 4h chart we have an impulse with a slow correction, potiential to see more up side So if we break and retest, and all my rule of my strategy align I will look to buy
We have printed a Head and shoulder on the 4h time frame It's a break and retest of the neck line EMA have crossed for the Tp if we go on the Weekly time frame we can see a W formation so the neckline is the take profit We have good stop loss protected by the neckline of the head and shoulder, also protected by the shoulder and the Fibonaci took High to...
1. Monthly, Trend ( Bearish ), potentiel shift bullish 2. Weekly, Potentiel i.c.i. AND we have a W formation so TP on neckline ( bearish ) 3. Daily, WAIT for retest of structure and M formation ( wait and sell ) 4. 4H, Entry if environnent is ( Bearish ) 5. Swap is not on our favor so if the trade is too slow I will not hold to long 6. Wait for buy if not
if you want to know why boost Comment I will show you my strategy for free
I took the trade on AUDCHF you can go see my previous analyse on it
If the market restest and give me 1 of my valid entry I will that the trade, it will be a small swing trade
Cadjpy just gave me a good trade I dont know where is my TP for now i will Trail with the next HL
I m entering a buy, but I dont want to hold to long because of the big negative swap trade for holding a long position on the next Daily candle.
Every time frame are bullish and my strategy is in place if we reach previous high i will put my SL breakeven ratio risk 2/1
We are back into the zone on the daily we have printed a double top and we are back into the zone with rejection candles. On the Weekly we have printed a W, we have high probability to have a retracement to the neckline. Ratio risk 3/1
If we retest i will enter the trade if not I will just watch it go to my tp without entering
Trend look very bullish and we just broke, retest previous support plus my strategy is in place. I have 1/3 risk to reward
1. Monthly, ICI ( Bullish ) 2. Weekly, Rejection ( Bullish ) 3. Daily, WAIT for retest of structure ( wait ) 4. 4H, Environnement is ( Bullish ) 5. Already retest Trendline so Carefull ( Bearish potentiel )
1.43000 is the biggest rejection zone of EURCAD. We printed a W formation a Weekly Retracement to the neckline but before i need a retracement to structure zone on daily to have a proper risk to reward
All major time frame are bullish waiting on intraday time frame to bullish after the retest of major structure risk 3/1
That's a full breakdown of why we have high probability of a bullish market
English is not my first language sorry we will see a retracement before seeing more down side on GBPCAD
We have a good price action and a good ratio of 3/1 I have to say its not the best setup ever, but I will just lower my risk instead of 3% I will do 1%