sarfarajpatel
New Member
BUY - OPPORTUNITY (Some but not all criteria is met)
Entry = ~ 0.8675 (might change)
Stop = 0.8475 (200 pips)
Target = 0.9275 (600 pips)
Risk / Reward = ~ 3.0
Confirmed:
Weekly
1. Squeeze, MACD cross and WeisWave volume onside
2. Weekly in a channel so ignore EMAs
Daily
1. Squeeze, MACD cross and WeisWave volume onside
2. Closed above and about to retest 200EMA
3. This comes after a double bottom at channel base
Four Hour
1.Shaded histogram on MACD suggesting a return to bull market after a pull back
2. In the middle of a BCR on the 21EMA
3. Stop is below the 200EMA
One Hour
1. New support/old resistance
2. Pull back to 50% (confluence)
3. Squeeze, MACD cross and WeisWave all onside
Waiting for:
1. A BCR above the 50EMA on HOURLY chart
2. A B+C above the 8EMA on 4 HOUR chart
#DontFollowBlindly
***NFP ToDAY - be weary***