Waiting for counter trend line break on 1 hour time frame. First profit targer 1862. Second profit target 1879.
Could we see another push down based of the current Down Channel ? If the Analysis Holds true we could see a push down to the 31569 Area based of the current down trade. Entry : Counter trendline break Bearish for the Short/Sell Opportunity . Take Profit : 31569 Stop Loss : 36154
Long Idea : TRX/USD If the research holds true we are anticipating the market to turn bullish once the market breaks into the buy zone and Long term we anticipating the market to push to our target 0.222986 . Take Profit (TP)1 : 0.130186 Short target Previous RESISTANCE Take Profit (TP) : 0.222986 Long term Stop Loss (SL) : 0.035955
Long Idea : DOT/USD If the research holds true we are anticipating the market to turn bullish once the market breaks into the buy zone and Long term we anticipating the market to push to our target 62.64038683 . Take Profit (TP)1 : 53.98448969 Take Profit (TP) : 62.64038683 Long term Stop Loss (SL) : 6.80493256
Long Idea : Tezos/USD (XTZ/USD) If the research holds true we are anticipating the market to be bullish once the market breaks into the buy zone and to push the market up to our anticipating Target 9.6531. Take Profit (TP) : 9.6531 Stop Loss (SL) : 1.1653
BEARISH REVERSALS Direction Bearish. Trigger USDJPY SELL SETUP - UJ is retesting structure support - Price is building in a harmonic structure - Price filled imb - Structure predilection is pushing down - We can expect the market to drop in order to complete the last leg of crab & gatley - Sentiment - negative - Momentum (bearish) - Plan is to go Short on UJ -...
Apologies for not posting prior to entry but as I've had a couple of bad EU trades posted, I didn't want to distract in case the price action didn't go as expected. EU: Finally got my short for EU. I entered last night and nearly stopped out. And then scaled in before going to sleep. Looking to scale in again after a clear break and retest of 1.2 level. ...
I'd been looking for NZDCHF to bottom out and start to break up. It created some structure and had a small impulse up. It is still below the HTF trendline but I suspect this is a fakeout as I was expecting it to pop up any day now based on the previous wave pattern. My indicator showed a rebound entry from the lows but I didn't catch the high-risk entry. ...
I haven't been watching this pair all day but I got an alert for this pair to go long on another indicator I use to detect momentum shifts. While reviewing the chart, I see that my indicator also triggered an entry a few hours ago. In addition, I see that that the bearish structure has been broken with momentum showing strength. CHF is currently showing...
USDJPY has shown weakness throughout the Asia session. It is breaking down from a double top created last week. It has broken the LTF Bullish structure and is currently retesting it. This also coincides with a strong Key Level. If history repeats, we could see a fast and furious drop back down to the support zone. Just a disclaimer, I am not trading...
It looks like EURJPY is topping out from a momentum and money flow point of view. There is a chance that it starts its descent down from here. Looking for a break and retest of the LTF bullish structure to push down to .5 or .618 fib. Support for this idea: Supply zone has been very strong since mid-March My indicator showing slow stoch topping out...
I'm testing a new indicator that I was coding all night. It triggered a signal using an Extreme Opposite Stoch strategy to enter a short. There is some confluence as it appears to be a potential countertrend trade as well. If it plays out, it will be a 2.5 RR trade. It's funny as I was looking for long entries as it bounced off a key level until my signal...
Last weekend, I was projecting an upside move for USDCAD (linked below). If the bottom of the right shoulder was caught, then that trade is still valid for potentially 300 pips. Unfortunately I missed that entry. This weekend, I zoomed out and forcasting a larger move from the daily & monthly point of view. Although USDCAD is consolidating within a...
Most of my trading these days are either USD pairs or JPY pairs. As such, I keep a very close eye on DXY at all times. Although I was bearish on DXY a couple weeks back, I am now bullish. DXY has broken out of the the Bearish Structure. And as we all know, Descending Wedges are a bullish signal following a breakout. As clearly seen from this chart, not only...
A few minutes back, I entered a USDCAD trade. It hit my first target and then came back down and got stopped out break-even. I am trying to re-enter as I think this is the point where it will start going up. This is a risky trade as we just had the NFP with a huge DXY jump followed by a massive retrace. And since, DXY has been very choppy. But the result...
Short term intra day set up on EURUSD. May look to extend TP when/if price nears the level depending on price action/momentum.
I normally don't trade UJ but just screening my watchlist and saw this structure being created for potential countertrend shorts. Based on the previous structure break, that could bring it down nearly 80 pips. JPY is strong today and USD is losing strength. And I am expecting USD to continue bearish today. COT data shows an increase of shorts and decrease...