UsdJpy 1hr Divergent head and shoulders
NzdJpy 4h Head and shoulders
EurCad 1hr Divergent head and shoulders
AudCad 4hrs and 1hr Divergent head and shoulders
EurJpy 1hr Divergent head and shoulders
UsdJpy
Forming the right shoulder
Rejection =
Done
Re test =
Done
15 min crossover =
Done
Macd confrim =
Done
Upon retest crossover of 15min was in progress which given me favorable 24pips stoplost
pepperstone = .05 target goal $44
Capital index = .07 targe goal $36
Capital index = .04 target goal $33
Total target $113 +15
Total risk $53 + 5
Ratio 1:1
Upon first pull back strategy which has the pattern of flag on 5 min i create new entry
pepperstone = .03 target goal is $15 55pips stop lost on the tip of the 5min flag pattern
HUMAN ERROR
- instead sell i click buy lost 0.22 cents
- entry on the flag channel is not on the exact position im 5 pips behind the mark advance set up is recomended
Profit
1st trade at .07 target goal reach $36 at 10:33 pm
NzdJpy
Forming the right shoulder
Rejection =
DOne
Re test =
Done
15 min crossover =
Macd confrim =
5:16 new Rejection form but close before the first rejection
EurCad
potential advance trading
head to neckline at 4:58 pm
Forming the right shoulder
Rejection =
Re test =
15 min crossover =
Macd confrim =
Structure not form right shoulder is higher than head.
remove from watch list
AudCad
waiting to reach 618 on 1hr to form right shoulder
Forming the right shoulder
Rejection =
Re test =
15 min crossover =
Macd confrim =
EurJPy
Forming the right shoulder
Rejection =
Re test =
15 min crossover =
Macd confrim =
Observation:to trade aginst the trend will consume lot of time to reach the goal market movement is slow from your entry.
