USDTRY 8.2554 - 2.61% SHORT IDEA* CONTINUATION PATTENS

9 thg 11, 2020

HELLO EVERYONE

Here's an idea on the DOLLAR/ TURKISH LIRA which opened with a gap and an aggressive fall with the bears looking for some correction of this move but we'll definitely see continuation to the downside, now the structure aligning with our fib levels is the resistance level 7.96612 which will be our aggressive target going down with the bears for long term updates lets wait for now and see what price tells us.


HEY EVERYONE

Here's a look at the EURO / DOLLAR pair heading into a new week the pair is currently trading in a bull frag which it can break in any direction but looking at the momentum push with the bulls looking for continuation of this move as it would be premature to go against the trend seeing no signs of slowing down on the pair so on higher time-frames we just have an overview of direction and what is the bigger picture in the markets.

for entries we scale down to smaller time-frames to determine entries and so forth.

many stars must align with the plan before executing the trade, kindly follow your rules.
LET'S SEE HOW IT GOES..

HAPPY TRADING EVERYONE & LET YOUR WINS RUN...

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ENTRY & SL - FOLLOW YOUR RULES

here's some of my rules if they help.
1. look at structure be it descending channels, pennants and so forth.
2. RSI is overbought/oversold so will be looking for a pull back to structure before continuation.
3. will be looking for entries from 30M , 1H, 2H & 4H time-frames if taking the trade long term.
4. aggressive trades can be executed on the pull back
5. price action must definitely align with the plan.'
6. structure definitely
7. the 20 EMA must be respected as support / see a bounce at this structure
8. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S .
9. CANDLE STICK PATTERNS.
so i will most like's enter this one in a bit but i hope this idea assists in any way on your trading plan.
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.

9 thg 11, 2020

Đóng lệnh: đạt mục tiêu

Target reached intraday 🔵
Looking for long opportunities for those swing targets.

11 thg 11, 2020

Đã hủy lệnh

WITH SIGNIFICANT MOVES WITH THE BEARS LONG PLAN CANCELLED.