TheForexSamurai

TheForexSamurai

How I trade this? More on a counter-trend/trend following strategy with the aid of Advance Chart Pattern for price direction (bias): Counter-trend strategy (15mins - 1 hr TF): -2618 strategy (double top/double bottom and 61.8% Fib Retracement for ENTRY) Trend ff. strategy: (15 mins - 1 hr TF) -786 strategy (formation of HH/HL or LH/LL and 78.6% Fib Retracement...

TheForexSamurai

As for advance chart pattern traders, there is a potential Bearish Gartley Pattern form when a breakout (upside) happen at the simple flag pattern SHORT ENTRY @ 81.14 with STOP LOSS @ 82.15 with TP1 @ 80.19 and TP2 @ 79.60. And adding 1 more unit at the ENTRY for a trend continuation to the downside. And as for a simple trend continuation pattern...

TheForexSamurai

There is a chance for price action to retest price at the green zone with that, CD leg of a potential bearish butterfly pattern is formed . Looking for short setup on the HR1 or HR4 time frame. But as of the moment, I am looking for long (in lower TF) and TP at the potential S/R zone.

TheForexSamurai

Just broke out from a potential HEAD AND SHOULDER pattern. There's a short opportunity on the lower TF. Will gonna ride the fall of price when there's a possible setup. Then turning LONG waiting for a confirmation that the trend will trend higher. Looking for a 2618 or 786 strategy for LONG There's also a potential CYPHER pattern incase price broke the...