Trading reason: Conditions of propulsion scalping strategy met.
1. Fanned out moving averages on the 4H chart indicating a strong down trend.
2.Broke through the consolidation on the 1H chart.
Sl is a little bit above the consolidation area.
Tp is on a key level just above the 161.8 fib level.
Entry on 50% pull back (Fib)
Kindly please do share your honest views & opinion.
Shrestha13 hours ago
AUDCAD potential long 1:1 RR
Daily bounced off the 200 ema
4hr BC above 50 and 8 ema
1 hr shows v reversal with accumulation and possible golden cross
15 minutes has little snd zone
BCR of the snd zone in 15 minutes with all sniper on side and golden cross in 1 hr time frame to take long to daily 200ema
JohnnyBD1 days ago
NAS 100 scaling in opportunity to the 1 month 8ema
Scaling in opportunity to close the monthly gap.
Breaks and closes 200ema means price will be heading south.
Any positive or negative feedback welcomed 😎
Ciprian3 days ago
Precision Sniper idea
Break close and retest below the 200EMA on 1 Hour. Confirmed on 4 Hour and on a downtrend on the daily.
Looks to me like price is retracing the upswing we had a couple of days back on the news that Brexit might just happen with a deal in November.
Im looking at the TP target of 1.16860, which is the same entry we had a couple days ago on the Naked Trade strategy indication.
What do you think?