Do take note traders, on the 4-Hourly Chart EURUSD did break above and close above the upper consolidation trendline, that makes the target 1 of this trade critical and shifting stops to entry is a must, at least for me it is. Exact trade plan sends to my subscriber and if you like to be in our community, just join us. Have a look, in just a month of Oct, we...
USDJPY resume it's bull trend movement, but if you have watched closely, the market is having a sideway consolidaion and its bottom trend line has been touched. Look at H1 Chart on the left of the chart, and the reversal candle just happen to close above the bottom trendline. Personally, I will be waiting for the next 'touch' on the bottom trendline to look for...
EURUSD on daily chart shows a bearish movement. On 4-hourly chart it is a sideway consolidation. The red zone is within the sell zone, within the sell zone sit a deep gartley setup, if the market touches Point D and close below the upper trendline will give a perfect shorting opportunity. The trendline shows a sideway consolidation, breaking out of the trend...
UK Pound still on its bearish run, we have took extended target on this Bearish Bat Pattern and we are glad we did. Target 2 hit a total of 107pips profit. As for counter trend trader, do note on the black line that seems to be a strong support, if it is broken, it may extend lower. As for me, I would need additional confirmation before engage on this counter...
Still waiting for a retest at the blue zone for a buying opportunity. The entire setup is a sideway consolidation, though, it has a stronger push to the downside, I will engage this trade should it retest as a counter-trend trade. I will be sharing that with my inner circle should this trade is valid. You can click our link above to see our last month...
Amazing retest on the sideway consolidation. I am waiting for a retest of the low for a counter-trend trade. Overall trend is still bearish for GBPUSD.