RainMaker545

RainMaker545 Updated 

Greetings fellow traders, We've identified a promising swing opportunity on CHF/JPY, leaning towards a short position. Our analysis is anchored in the expectation of future JPY strength. Currently positioned at the previous structure high, we've noted significant wick rejections at this level, indicating a potential downward movement. Trade Plan: Entry Point:...

RainMaker545 Updated 

The EUR/USD pair presents a compelling trading opportunity, marked by discernible price action patterns over recent candles. A noteworthy observation is the evident demand in the current area, indicating potential market support. Furthermore, this region aligns with the 0.5 Fibonacci retracement level in the larger timeframe, adding additional significance to the...

RainMaker545 Updated 

Greetings traders, We've identified a compelling trading opportunity on AUD/USD as the pair currently navigates a robust supply area. Notably, bearish rejection signals have been observed at this level, suggesting a potential downward movement. Trade Plan: Entry Point: 0.675 Take Profit (TP): 0.6615 Stop Loss (SL): 0.679 Entering the trade at 0.675 aligns...

RainMaker545 Updated 

Greetings traders, Our analysis on BTC/USD suggests that the correction phase might not be complete. Notably, the daily time frame reveals a compelling bearish engulfing candle, indicating potential bearish momentum. Currently positioned at the 0.618 Fibonacci level, the price is exhibiting signs of struggle to breach this critical level. Trade Plan: Entry...

RainMaker545 Updated 

Traders, a compelling swing opportunity appears to be unfolding on the EUR/AUD pair, particularly evident on the weekly time frame. The formation of a Head and Shoulders (H&S) pattern suggests the possibility of a significant upcoming move, potentially marking the inception of a substantial trend reversal. The current positioning indicates that we are within a...

RainMaker545

Dear traders, We are currently eyeing a potential buying opportunity for BTC/USD within the range of 39800-39200. Although this isn't an active trade yet, we are closely monitoring the price action in this area for confirmation. Trade Plan (Pending Confirmation): Buy Area: 39800-39200 Stop Loss (SL): 38000 Target: 46000 We have identified this range based on...

RainMaker545 Updated 

Confluences 1. Daily time frame trendline resistance. 2.Shooting star candle stick. 3.Long-term down trend. 4.Market Structure Did not create Higher high. 5.Great R:R 1 to 5 Entry:0.96250 Stop-loss :0.96650 (Slightly Above last swing high) TP 1:0.95300 (1st support area) TP 2:0.94200 (last swing low area ) Risk 1% If price hit stop loss and reach 0.96900 area...

RainMaker545 Updated 

Confluences 1.Weekly supply zone 2.Yearly open,strong resistance 3.consistent red candle appear. 4.price push up and get rejected. ENTRY 1.7070 SL 1.7160 TP 1.6900

RainMaker545 Updated 

Confluences 1.Trend is downtrend. 2.Price started create lower low structure. 3.nice red candle breakout support. 4.price breakout resistance and reverse down. 5.Price is respecting resistance 20Ma in 4 hour time frame.and MA is pointing down.if you miss the entry dont chase the price, wait for price pull back to the MA,Wait for a red candle or hammer entry your...

RainMaker545 Updated 

In the current market conditions, Gold finds itself within a formidable supply area, accentuated by the presence of a shooting star candlestick pattern on the 4-hour timeframe. This formation suggests a potential reversal and hints at a forthcoming downward movement. Trade Plan: Entry Point: 2042.5 Stop Loss (SL): 2052 Take Profit (TP): 2022 By initiating a...

RainMaker545 Updated 

Confluences 1.Trend line broken resistance,shooting star at trend line area. 2.Bearish engulfing at weekly time frame. 3.Near weakly resistance. 4.Green candle is getting smaller at 4hr time frame. 5.Great RR 1:5 Entry 1.3785 Stop loss 1.3880 (Above shooting star 1 ATR) 1st TP 1.365 (1st swing low) 2nd TP 1.355 (Yearly open) 3rd TP 1.338 (Weekly support)

RainMaker545 Updated 

Hi, BTC is at supply area which is forming a nice build up with consolidation,as you can see the red candle is getting lesser and lesser. a similar pattern AS eur/jpy before breakout. this is a sign of strength. SL 36100 TP 44000

RainMaker545 Updated 

The AUD/USD pair exhibits a robust uptrend, characterized by a bounce off the trendline and reinforced by minor support. Notably, a powerful bullish candle, indicative of strong momentum, further underscores the bullish sentiment in the market. Trade Plan: Entry Trigger: 0.661 Stop Loss (SL): 0.655 Take Profit (TP): 0.68 The entry trigger at 0.661 aligns with...

RainMaker545 Updated 

In the EUR/JPY trade pair, a compelling opportunity presents itself, supported by notable price action patterns across multiple time frames. Observations: On the 8-hour time frame, a substantial hammer candle has materialized, indicating a potential reversal in market sentiment. At smaller time frames, there is a noteworthy break of the trendline,...

RainMaker545 Updated 

In recent market activity, NZD/USD has undergone a notable momentum surge. However, a correction appears warranted to facilitate a subsequent upward market surge. The observed formation of a lower high structure and the current positioning within a robust supply zone emphasize the likelihood of an impending corrective phase. Trade Advisory: Given the...

RainMaker545 Updated 

The NZD/USD pair has recently undergone a retracement, as evidenced by observed price action. The conclusive indicator of this retracement lies in the last candle, which prominently displays a sign of strength, hinting at a potential reversal in market sentiment. Trade Plan: Entry Point: 0.618 Stop Loss (SL): 0.611 Take Profit (TP): 0.65

RainMaker545 Updated 

In the current market scenario, AUD/NZD is situated in a robust demand area, displaying clear indications of buyer interest. A notable bullish engulfing pattern has emerged in the 4-hour time frame, suggesting a potential upward movement. Despite a sideways trend when considering the broader perspective, we anticipate a rebound from the current levels. The...

RainMaker545 Updated 

confluences 1.8hour time frame Bullish candle near support. 2.Weekly time frame engulfing pattern. 3.price cross above 20MA of daily time frame.it seems like going to flat if price keep hold above this level. 4.market Seems like in a range level at daily time frame from 0-65-0.68 Area. Entry trigger 0.65500 Stop loss 0.64800 Exit plan 0.67250 Risk 0.5% Reason...