PipShiesty

PipShiesty

I am currently looking for a short position on USD/JPY Entry Point: 150.304 Near the red downtrend line, ensuring alignment with price rejection and resistance. Trade Management: Stop Loss (SL): Placed above the most recent high for protection. First Take-Profit (TP1): At the first 4-hour resistance; SL will be moved to breakeven (BE) at this level to secure...

PipShiesty

I am currently looking to take a long position on USDJPY due to a 4 hour candle close above the trendline Key Levels: Entry Zone: 149.69 (aligned with 4-hour resistance and previous structure support). Target: 150.72 (4-hour resistance). Stop Loss: 149.22 (below daily support). Reasoning: Price has been consolidating after a strong bearish trend and has now...

PipShiesty

Timeframe: 4H Trade Type: Sell Entry Reason: Entered short upon the flip of the 4-hour candle, showing rejection at the upward (green) trendline. Price remains below the descending (red) trendline, signaling a potential continuation of bearish momentum. Stop Loss: Placed above the descending (red) trendline to account for dynamic protection against an upward...

PipShiesty

Timeframe: 1-Hour Chart Entry Price: 192.244 Direction: Long (Buy) Trend Reversal Setup: A new ascending trendline (green) indicates bullish momentum forming. HTF Channel Rejection: The price rejected the lower boundary of a higher timeframe (HTF) descending red channel, indicating strong demand and a potential reversal from this key support zone. Channel...

PipShiesty

I’ve entered a position at the 4-hour resistance, which aligns closely with the upward green trendline, providing a confluence of key levels. While the downward red trendline has been wicked above, there has yet to be a convincing candle close above it, suggesting potential continuation to the downside. Stop Loss (SL): Positioned at the monthly resistance level,...

PipShiesty

I am currently holding a short position, using the upward trendline as a dynamic stop-loss. Despite some upward pressure, this trendline has yet to be broken, reinforcing my confidence in this setup. Key observations: The 4-hour resistance level near 2639.655 has been tested twice on the 1-hour chart but failed to close above it, indicating strong selling...

PipShiesty

I have been activated in a long position on USDCAD. Here’s my reasoning: The downward trendline has been broken, as confirmed by a candle body close above it. The upward trendline is still intact, suggesting potential bullish continuation. Trade Details: Entry Point: At the 1-hour resistance zone. Stop Loss: Placed below the upward trendline and the recent...

PipShiesty

Key Trade Details: Entry: 2,652.315 (Position entered just below resistance) Stop Loss (SL): 2,656.445 (Placed above the recent high to protect the trade) Take Profit (TP): TP1: 2,640.100 (Set Stop Loss to Break Even once this target is hit) TP2: 2,629.110 (Next support level where price may bounce) TP3: 2,619.390 (Deeper target aligning with bearish...

PipShiesty

This trade is only valid if the current 4 hour candle closes below 1.62364. I'm currently looking at a potential short opportunity on EUR/AUD after the upward trendline was broken, confirming a shift in momentum. Price has retested the broken trendline and respected the downward trendline, which remains valid. Entry: 1.62620 Stop Loss (SL): 1.62850 Take...

PipShiesty

I'm Looking to short GBP/JPY from the 195.15 resistance level, with a Stop Loss at 196.20 to account for potential spikes above the recent highs. My strategy includes moving the Stop Loss to breakeven (SL to BE) once Take Profit 1 (TP1) at 194.08 is hit to lock in some profits safely. The trade includes multiple Take Profit (TP) levels: Take Profit 1 (TP1):...

PipShiesty

Entry: Waiting for a 4-hour candle close below 2,616.065 before setting my sell order at 2,618.945 (4-hour resistance). If the 4 hour does not close below 2616.065 this trade is not valid SL: 2,621.000 (Above major resistance). TP1: 2,616.065 (First 4-hour support) + SL to BE TP2: 2,611.750 (1-hour support). TP3: 2,609.055 (Key 4-hour...

PipShiesty

I'm looking for a short position on GBP/JPY. Waiting for a 1 hour close below 193.275 to confirm entry. The pair has rejected resistance near 194.150 and is now moving downwards, forming a potential break of the ascending trendline support. Trade Plan: Entry: After a 1-hour close below 193.275 Stop Loss (SL): 194.150 Target 1 (TP 1): 192.810 (Move stop...

PipShiesty

I’m looking to short AUD/JPY on the 1H timeframe, with confluence from both the pair’s price action and the JPY basket breaking a key trendline. Here’s the setup: Entry Strategy: After rejecting a key resistance at 100.663, I’m waiting for a confirmed closure below this level before entering. The plan is to enter on a retracement back to around 100.531, aligning...

PipShiesty

🔍 Setup Breakdown: Downtrend observed with a break of the descending trendline. Expecting a retracement to previous support levels around 1.1076 for an entry. Entering long after confirmation at the retracement level, targeting multiple take profit (TP) levels. 🎯 TP Levels: TP 1: 1.10864 TP 2: 1.11143 TP 3: 1.11437 TP 4: 1.11650 TP 5: 1.11973 💡 Strategy: Entry...

PipShiesty

I'm looking at a potential short position on USD/JPY based on the current price action and market structure. Entry on Retracement: 143.750 after the recent breakdown of the ascending trendline. Stop Loss (SL): 144.000 (25 pips). Take Profit (TP): I'm targeting multiple TPs along the way for scaling out of the position: TP 1: 143.500 (+18.9 pips) – A...

PipShiesty

We’ve seen a strong upward move in GBP/JPY, but the price is now breaking below the ascending trendline, signalling potential bearish momentum. Entry Strategy: I’m looking to enter on a retest of the broken trendline near the 192.58 zone, once confirmation of rejection occurs. Trade Levels: Stop Loss (SL): 194.000 Take Profit (TP1): 190.131 Take Profit (TP2):...

PipShiesty

I'm am currently in a short position on Gold (XAU/USD) as the price shows signs of weakening after a steady uptrend. Entry: 2627.79 Stop Loss (SL): 2635.6 (above recent highs and trendline) Take Profits (TP): TP 1: 2615.24 (Move SL to breakeven) TP 2: 2615.305 (support level close to TP 1) TP 3: 2586.490 (significant support zone) TP 4: 2575.1 (deeper...

PipShiesty

📉 Entering a short trade on AUD/USD as price breaks below the ascending trendline. I'm watching for a possible rejection at the current highs to confirm downward momentum. 🔻 Entry: 0.67922 (waiting for confirmation after trendline break) 🎯 Take Profit 1: 0.67446 (+47 pips) + Move SL to BE 🎯 Take Profit 2: 0.66924 (+99 pips) 🎯 Final Target: 0.66222 (+170 pips) 📈...