Beyond the Candles

And the same situation an the CHFJPY like on the EURJPY. But in this situation i take only 1/2 position on booth. It is the same move...

More the P stays within a RM, stronger the momentum will be when the P will close below / above it:

EURAUD

You have right with the R line. THX

Very simple and predictable....nothing fancy just the S / R levels !

NZDCAD
Entry was the engulfing pattern. First target is the chanel's low. I know it goes against the monthly trend, but there was a breakout from the triangle and the same weekly candle close below the weekly level. And the entry pattern is at the point where the triangle and the weekly level meet.

Well done...the BEOB closed below the RM and the P made RET with the 2DPB as sellers confirmation !

If am Wrong plz correct me.. I too believe in Plain charts reading with SnR lines.. Jus found ur forum seems very interesting..

Hi Dindulkar

Yes your idea is right...the only thing I desagree with is the fact my trading style is not base on the S / R "zones " but the precise levels and in that area it is very clear that we head to a very strong R level !

If you have something unclear, please don't hesitate to ask !

U r absolutely right.. I jus found this in this pair n wanted to share.. Thnks for ur reply..

Hi Dindulkar, with a view to a long term trade it's a very interesting chart, the zone you've highlighted it's dangerous to trade because of the space between a very strong resistance and an important support.
In fact, we are seeing these days as the price is moving with difficulty in this area.
I think the best plan, in accordance with this methodology, is to wait the price to close above 1.72 and enter on a retracement at that level.
In my chart i marked in green those they are for me the majors targets and in white the other S/R to pay attention to.

Exactly RedBullish, I didnt mean to trade right now, maybe my statement wasn't clear enough.. Wat i meant was if we trade after the PA moves up r down after tht zone, we can have a good 500 to 1000 pips if we can hold it for 4-5 months.. A small investment can give u big profits...

EURUSD....PB at R level in RM where the S level becomes the main TG:

CHFJPY - hammer @ S level , next target 114.637

Where is your S level? On my picture the dark blue line is the monthly s/r and the light blue is the weekly level. I already closed my short position, but I didn't see clear level on higher timeframe, to open a long position.

I think it will be a good idea to mention that i am a newbie so i do not influence ppl with wrong analysis. Sorry about that.

I meant that my support is 113.448 the other one is 106.9, but it made a PB @113.448 and Bullish confirm. at this level(Daily chart). Atleast to me.

You can learn when you post your ideas, regardless of whether it is good or bad.

Gold
The P is in RM with the PB at the R level....WPG= to the RM's S level.
W closed below a very important level so my PTT&TTP is waiting for a RET to the level in order to sell it till the S level !

Some charts...

NZDSGD....the P closed above the RM and now we are in front of the RET on the S level...all we have to do is waiting for further information+ confirmation at the level that becomes S: