Scenario #1
Candle break the weekly resistance,
and now becoming new possible support.
We will wait for a retest and continuation.
Target next monthly resistance.
Scenario #2
Candle false break the weekly resistance,
and back down.
Weekly resistance level still valid.
Short position with target at lower trend line.
Scenario #3
Possibility entering consolidation area.
Wait for confirmation.
Possible breakout.
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Candle break the weekly resistance,
and now becoming new possible support.
We will wait for a retest and continuation.
Target next monthly resistance.
Scenario #2
Candle false break the weekly resistance,
and back down.
Weekly resistance level still valid.
Short position with target at lower trend line.
Scenario #3
Possibility entering consolidation area.
Wait for confirmation.
Possible breakout.
Please add a comment... Positive feedback and constructive criticism...
Subscribe, follow, and like...
Thank you for your support.
FX ID Group
www.fxidgroup.com
www.telegram.me/fxidgroup
Email: info@fxidgroup.com
评论:
A strong bear move at US session...
If the daily close with bearish candle.
I will have a short position ready (scenario #2)
If the daily close with bearish candle.
I will have a short position ready (scenario #2)
评论:
After yesterday strong break at the key resistance + today gap down... perhaps many traders were trapped to open long (with intention to close the gap and continue long)
I personally always trade more conservative, waiting for a confirmation before any possibility to open position.
I personally always trade more conservative, waiting for a confirmation before any possibility to open position.
交易开始:
I open short at market price,
after yesterday daily candle gap down and close below the resistance.
looks like the resistance key level is still intact.
scenario #2 is ON
after yesterday daily candle gap down and close below the resistance.
looks like the resistance key level is still intact.
scenario #2 is ON
交易结束:到达止损:
Yesterday, the key level resistance break
Thank you UCAD :)
Thank you UCAD :)
评论:
looks like my SL is too narrow ??
评论:
waiting for another possible setup
Let see when daily candle close.