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Private: AUDUSD H1, Sideway Bounce Trend Trading
Sell Limit: 0.6460(23)
ISL: 0.6495(-35)
TP1: 0.6425(+35)
TP2: 0.6388(+72)
Trade Ideas Analysis: AUDUSD Sideway Bounce by RaynLim on TradingView.com
Sideway bounce is 1 of my favourite setup, 4-touches, 2 on each side is great it seems idiot-proof setup. In order to have a positive outcome on this trade setup, the Stop, Entry, Targets(Sets) is important.
Pending order placed at 0.6460
Trade Triggered
Hit SL -35pips
Private: CADJPY H1 Bearish Bat, Type2, Trend Trading
Sell Limit: 76.90(17)
ISL: 77.12(-22)
TP1: 76.34(+56)2.5:1
TP2: 75.96(+94)4.2:1
Trade Ideas Position: CADJPY Bat by RaynLim on TradingView.com
A bearish Bat Pattern Type2 set up, waiting for a retest at the tip of the box to engage for a trading opportunity within the green box and support line(blue).
Private: CADJPY H1 Bearish Bat, Type2, Trend Trading
Sell Limit: 76.90(17)
ISL: 77.12(-22)
TP1: 76.34(+56)2.5:1
TP2: 75.96(+94)4.2:1
Trade Ideas Position: CADJPY Bat by RaynLim on TradingView.com
A bearish Bat Pattern Type2 set up, waiting for a retest at the tip of the box to engage for a trading opportunity within the green box and support line(blue).
Private: EURJPY H1 Bullish Shark, Counter-Trend, High Risk
Long NOW: 115.53(17)
ISL: 115.36(-17)
TP1: 115.93(+40)2.3:1
TP2: 116.14(+61)3.5:1
Trade Ideas Position: EURJPY Bat by RaynLim on TradingView.com
A bullish bat setup and completes as X surely pose a warning sign, if you head up to the 4-hourly and daily chart , at this moment the level is not within any support level .
Advantage of this trade is that it yields a very good RRR and an RSI Divergence.
What’s your take on this?
Trade Engaged at 115.53
TP1: 115.93(+40)2.3:1 Attained
Shift stops to Entry 115.57(+4)
TP2: 116.14(+61)Attained