NguyenDzung

NguyenDzung Updated 

- Head & Shoulders was completed - Price retrace back to neckline. - Pullback' structure: + Simple pullback in 60m chart + ABC pullback in 15m chart - In 5 m chart, there is a potential double bottoms. Wait for the pattern is completed for entry. If not, do nothing, wait for another signal.

NguyenDzung

Go short when price hit trendline which had more than 3 points of contact

NguyenDzung

USDJPY review and plan: 1. Review: - As we can see, USDJPY is in an up channel now. - The first target of this up move will be at 125.80 (previous high) - The 2nd target will be at 134.00 (upper channel) 2. Plan: - At this time, we only know that this pair is bullish, so we will want to be a buyer. - We have 2 choices: + Buy when it breaks through some kind of...

NguyenDzung

Price just hit the rising trendline Great place to go long

NguyenDzung Updated 

Normally, I will sell or buy directly when price complete an ABC move to the support or resistance level with 2 ATR stop loss. But when I opened the chart, price already move down, so here is my thought and plan: - Clearly down trend - Price move sharply to the down side after completed an ABC move to resistance level - Play for the retest of most recent swing...

NguyenDzung Updated 

Look like GBPUSD is forming a falling wedge right in to support level. Consider the previous move which is a sharp move up, created a V reverse pattern. Buy near support - 1.54110 2 ATR stop Profit target at previous high - 1.5438

NguyenDzung

Clear short term up trend on 15m chart. ABC wave down to support level. Enter when price hit support. 2 ATR stop loss Profit target at previous high Right after I go long, price continues push to the down side. But let's see how thing will happens

NguyenDzung

After an extreme down bar at 1 - selling climax, we have an impulsive move at 2 and an ABC wave down to the support level. It should look like a harmonic pattern also. Buy near support level with 2 ATR stop loss. if we hit 1st target - swing point a, move stop to break-even. Our main target is the high of wave 2.