michaelnagy

michaelnagy Aug 21, 2023

My strategy consists of looking for support and resistance or trend continuation on 1H, then look for an entry on 5M, with TP on 1H targets.

michaelnagy Aug 21, 2023

My strategy consists of looking for support and resistance or trend continuation on 1H, and then look for an entry on 5M, with TP on 1H targets.

michaelnagy Aug 21, 2023

My strategy consists of looking for support and resistance or trend continuation on 1H, and then look for an entry on 5M, with TP on 1H targets.

michaelnagy Apr 11, 2017

I would wait for the price to test the 0.786 level. This level has great volume and can act as a reversal point.

michaelnagy Apr 4, 2017

The title says everything! We have a retest of the trendline break and then a head and shoulders pattern has formed. I would enter after the neckline break, no doubts.

michaelnagy Mar 17, 2017

The price is now on a decision point. If it breaks the minor channel it will most likely test the upside of the bigger channel.

michaelnagy Mar 17, 2017

- We have a harmonic pattern - The pattern is formed right on a good structure area - The patter is formed right on 0.618 retracement - RSI has divergence on H1 - The price didn't touch the downside of the channel yet. Well, lots of reason to enter this trade.

michaelnagy Mar 16, 2017

The triangle is a trend continuation pattern. If it breaks to the upside we have a strong indication that the price will test the next PRZ (blue area.)

michaelnagy Mar 14, 2017

It seems that the EURUSD is about to test a strong PRZ. Let's see if it breaks this minor channel and shows signs of trend continuation.

michaelnagy Mar 10, 2017

If the price break the trendline, it's a high probability setup for a sell.

michaelnagy Mar 8, 2017

- We have confluence of harmonic patterns in 15m and 4h charts. - RSI is showing divergence in 4h I would wait untill the price breaks the wedge pattern in 15m as confirmation.

michaelnagy Mar 7, 2017

- We have the harmonic pattern formed inside the 1h channel - A little RSI divergence - The price is respecting the channel I will wait to the price really break the darker trendline to enter

michaelnagy Mar 3, 2017

We have a Shark Pattern formed just in the same area as the bottom of the Wedge Pattern.

michaelnagy Feb 24, 2017

We can see that the price touched a historical low. A reversal can happen on these setups.

michaelnagy Feb 22, 2017

I would enter only if the price confirm it's rejection on the current price rejection zone.

michaelnagy Feb 22, 2017

- We have a Bearish Cypher formed in h4 - We have a double top formed in m15 - We have the upper trendline in the channel. A lot of confluences saying the price will fall. I think the price is going to test at least the 0.618 retracement. Let's see.

michaelnagy Feb 21, 2017

- it appears that the price will test the lower line of the bigger channel. - we have a flag forming showing the price is probably going to continue down

michaelnagy Feb 21, 2017

- We have a shark formed on the daily chart. - The shark is formed within the channel. Nice confluence. - on H4 we have a trendline being broken. You can trade long term here or try to get small trades on smaller timeframes.