


shahtajalik
PremiumHey everyone, Just wanted to share my personal analysis and the trade plan I've put together for the GER40 on the 1-hour chart. I'm still learning, so a big part of my process is documenting my ideas to see how they play out. I would be grateful for any thoughts or feedback you might have. What I'm Seeing on the Chart: A Potential Double Top: I've spotted what...
Hey everyone, Sharing my view on EUR/GBP on the 1-hour chart. I've spotted what looks like a classic Bullish Flag pattern developing after a strong upward surge. This is a continuation pattern, and I'm looking to trade the breakout. My Game Plan: I'm playing this with a conservative entry, waiting for a clear break of the top of Flag pole. Here are the...
- Bullish Divergence on 1-H time frame - Last LH broken at 1.3361 - Entered at CMP (1.33736)
- Breakout of last LH will suggest that the odds are in favour of the long trade - Presence of a bullish AB=CD pattern increases our chances. However entry set via Buy Stop after confirmed trend reversal
Breakout of last LH will suggest that the odds are in favour of the long trade
- Spotted Valid Bullish Divergence on 1-H time frame - Buy stop entry will be made when the bearish trend is overtaken by Bullish trend with the break of last LH
- Bearish divergence spotted on 1-H - Entry will be on the break of the HL
- Trade is based on potential breakout on either side as range bound markets are there to be broken
- Stopped making news HHs - Suspected Double Top pattern found - Likely to go bearish