This was the perfect trade setup, it followed structure to the T and played perfect into our favor. The first TP was hit and the SL can be moved above entry as the trade is risk free and deep into profit at this point.
There was a strong bearish trend with BOS @ 181.500 which then turned the market into a bullish market. Now @ 185.850 there is a BOS again with strong movement to the upside. TO will be previous high
On the daily TF the market is on a very strong bullish uptrend, there was a good break of structure with a retest on the breakout @ 145.050 which gave the signal to go long to the previous high
Market was in a bullish trend for a good few weeks It formed a high @ 0.87491 BOS happened and market turned bearish It confirmed with FIB for a 78.6% retrenchment entry TP 1 will be the LH and if bearish market continue 0.85032 will be TP 2
Chart pattern on H4 looks like bullish flag pattern If market moves in bullish direction and break the H4 level wait for retest on 108.334 and bullish structure continue go long 1/5 Ratio Trade
On the daily TF market has a very strong bullish market structure Also seen on daily TF, there is good BOS with retest on the breakout If the market opens and break the current structure, Wait for the retest and go long to the high
Market is in a bullish run at the moment Making HH's and following structure to the T If 1.77734 is respected and market turns bullish Go long till 1.84733
Structure is broken, retest @ 149.021 Now showing bullish movement TP is 151.466
Perfect long played out Another break of structure and retest of the previous high Now moving up to 110.502
AUDUSD in consolidation but, saw the inverted H&S Respected the ascending trend line 1:4 Ratio
The market is following structure to the T Coming from the Short, there is a 4HR Support @ 1.11619 If the support is respected look for longs till the high 2nd entry can be taken at the BOS of the descending trend line
When I saw the setup it look liked a perfect short opportunity, but market showed otherwise Bearish Move: There was a new 4HR support level Market respected that level Lower TF shows double bottom Bulls took over Bullish Move: 0.72844 was the previous high From 0.72312 there were lots of engulfing candles showing the market is bullish now The high was retested...
I usually don't do this but I will give it a try: Bearish Move: I wont give up on this long idea on AUDUSD The Market never broke structure Lower TF shows double top & respecting the descending trendline & never broke structure Engulfing candle showed movement to the downside Bullish Move: It found support @ 1.10425 on 4HR TF On Lower TF there was a lot of wicks...
This pair like to follow structure as well Coming from a previous sell now showing bullish movement with BOS Wait for retest on the BOS Go long to previous sell entry
This was the perfect trade Everything just lined up perfectly Followed structure to the T Made 3 LL on the ascending trendline and the jumped in on the 3rd LL for the Long 1:10 Ratio Trade with 0% draw down
This pair likes to follow structure to the T. We have a classical bearish flag, wait for the breakout, retest And then go short to Support level
AUDNZD is in a bearish trend at the moment. It is at a 4HR support at the moment. It retested that level so I am looking at longs till the previous high 1:10 Ratio
GBPUSD is in a 4HR consolidation zone There is a strong support and resistance on the 4HR TF. When going down to lower TF it looks more bearish. So my thoughts on this pair is, wait for the support to be broken and retested and then jump in for the sell on 1.13386. Market opened with a gap on Monday morning so "the gap must be filled" @ 1.11772 & that would be...