B:-
• DAILY
- Daily be recognise that the market has been in a fairly strong bullish cycle since the breakout of the long term trendline, currently we a situatied at a high point in the market what i'm expecting from his is for a short term bearish cycle to come into play before following it's overall bullish momentum.
- Clear signs of rejection at our blue highlighted region
L:-
• Level in which i'm going for is this institutional region, @ 1.84000 this is a major region of resistance. very least respect this level for sometime before making it's overall move.
- Targets is based upon the next level of structure support at 1.82000 2nd targets at 1.80 but we'll be looking to see how 1.82 holds and decide from there to either exit or take a portion of our profits.
S:-
• Signal being use 12H Hanging man formation. (Bearish)
• Daily indecision (Showing signs of equalibriam)
• Followed through with 6H Bearish engulfing (Bearish)
R = 5%
R.R = 1.81
(Trading Journal)
- Trade at your own risk, this is just for me to keep track of my trades and performance
• DAILY
- Daily be recognise that the market has been in a fairly strong bullish cycle since the breakout of the long term trendline, currently we a situatied at a high point in the market what i'm expecting from his is for a short term bearish cycle to come into play before following it's overall bullish momentum.
- Clear signs of rejection at our blue highlighted region
L:-
• Level in which i'm going for is this institutional region, @ 1.84000 this is a major region of resistance. very least respect this level for sometime before making it's overall move.
- Targets is based upon the next level of structure support at 1.82000 2nd targets at 1.80 but we'll be looking to see how 1.82 holds and decide from there to either exit or take a portion of our profits.
S:-
• Signal being use 12H Hanging man formation. (Bearish)
• Daily indecision (Showing signs of equalibriam)
• Followed through with 6H Bearish engulfing (Bearish)
R = 5%
R.R = 1.81
(Trading Journal)
- Trade at your own risk, this is just for me to keep track of my trades and performance