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A bullish bat setup on the 1-hourly timeframe, well yes it is still valid. GBPAUD has to be treated as the notorious kid in the family, hope this give you the drift. Rebellious, not following the social norm(trading expectation), but it will get... moreA bullish bat setup on the 1-hourly timeframe, well yes it is still valid. GBPAUD has to be treated as the notorious kid in the family, hope this give you the drift. Rebellious, not following the social norm(trading expectation), but it will get there(target) eventually.
It just throws some tantrum(hitting stop-losses) along the way in attracting some eyeballs.
I'm waiting for the candle to consolidate at the HOP level and with further confirmation, I will engage the trade.
These days, I spent about 30 minutes a day in front of my computer to analyse and spot a potential trading opportunity.
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Live Chart:
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https://vimeo.com/416828918
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A bearish shark pattern completing at 71.44 setups for a trend trading opportunity. It is also my prefered set up to engage and fulfil my longer-term trade plan.
However, if the market dip further, it will invalid the shark and give an ABCD pattern at... moreA bearish shark pattern completing at 71.44 setups for a trend trading opportunity. It is also my prefered set up to engage and fulfil my longer-term trade plan.
However, if the market dip further, it will invalid the shark and give an ABCD pattern at 69.91 is set up for a countertrend trade. An RSI and candle confirmation is required for the ABCD Pattern .
RSI is critical in this scenario.
What's your trade plan?
Comment down below.
Bored with your job, but feel you have no option because it pays the bills? No work-life balance and barely any time to do the things you truly love?
Well, I’m Rayn, and in the past, I used to work the 9-5 just like many of you. My head of department instructed me to slow down my pace if there wasn’t any other work for me to do. Just so the entire department wouldn’t look bad.
Well that’s experience I got working at a Japanese MNC based in Singapore. That was the first realization I had that the 9-5 grind was not for me.
These days, the way I trade, I spend about 30 minutes a day in front of my computer.
Join me at our 3-hour live workshop, Wednesday 5th February in Singapore at 7pm.
A complimentary E-book will also be sent to all participants.
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On Wednesday, 2:08pm–3:30pm (+8 GMT) I will be going through 12 currency pairs on out weekly midweek analysis. Like our Facebook page to be notified when we go live.
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Share our post so more traders can benefit from our analysis and comment one thing you liked about the analysis.
Your support is always greatly appreciated.
Live Chart:
https://www.tradingview.com/chart/NZDJPY/IG1oEHNf-Trade-Ideas-Educator-NZDJPY-Shark/ />
and to access our Stop,Entry,Targets(Sets), you can join our Trade Ideas Package(TIP) at the link below:
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A bearish shark pattern completing at 71.44 setups for a trend trading opportunity. It is also my prefered set up to engage and fulfil my longer-term trade plan.
However, if the market dip further, it will invalid the shark and give an ABCD pattern at 69.
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On the coming Wednesday, 6Mar2019, 19:08pm-22:00(+8GMT) I will be going through 12 currency pairs on the mid-week analysis
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