Sukhbir_Sandhu

Sukhbir_Sandhu Updated 

Reasong to sell 1. Major Daily Support level 2. Supply Zone 3. Top of the Range 4. Gartley Pattern on 4HRs 5. Doji Candle. I will be looking for pattern similar to Head & Shoulder to short this. Would be watching buyers fade at the top of the right shoulder to short ! Targets & Stops marked on the chart.

Sukhbir_Sandhu Updated 

We have a nice pull back up to previous structure support, which is likely to act as resistance. 3 Failed attempts to make Higher Highs. Ride it down !

Sukhbir_Sandhu

Looks like this pair has stuck in a a Range in an overall downtrend. We can see a Cypher formation on hourly at the top of the Range. Wait for buyers to die out & short at Cypher completion. Targets could be taken at the bottom of the range or according to Cypher pattern rules as marked in the chart.

Sukhbir_Sandhu

Potential bearish Bat pattern setting up at a major structure level.

Sukhbir_Sandhu

Bearish Gartley

Sukhbir_Sandhu

A bearish Cypher formation on Daily. Stops Over X, targets marked on the chart.

Sukhbir_Sandhu Updated 

We are stuck in this upward channel in a Bullish move with a Bullish Cypher formation at the very bottom of this channel. We could ride it up till the top of this channel for profits or take profits at 38.2% & 61.8% retracement of the CD leg of the Cypher. Stops below X of Cypher.

Sukhbir_Sandhu Updated 

Bearish Bat formation at previous structure support. Previous trend line acting as resistance too.

Sukhbir_Sandhu

Selling opportunity on this pair with a bearish Gartley formation plus its also at the top of this little range. First target at 38.2% Retracement of CD leg of Gartley which perfectly lines up with previous structure. Trail stops after that or take target 2 at the very bottom of the Range.

Sukhbir_Sandhu

Reasons to sell 1- Top of the 4 hr Range 2-Bearish Cypher pattern on 4hr 4-Previous structure Resistance 3-Overbought Market 4-Bearish Engulfing candle on 4hr

Sukhbir_Sandhu Updated 

Just like USDJPY, this pair has also got stuck in this range in an overall bearish market. We had a Gartley like structure at the top of this range in a downtrend. We could sell it now & ride it to the bottom of this range. 1:1.5 RR

Sukhbir_Sandhu Updated 

Small trade, 1:1 RR (Gartley Pattern at the top of the range)

Sukhbir_Sandhu Updated 

Selling opportunity on this pair with the formation of this Bearish Gartley pattern in an overall downtrend.

Sukhbir_Sandhu Updated 

Another trend cont idea. Market pulls back up to previous structure support which could become resistance. Target at previous structure. 1:1 RR

Sukhbir_Sandhu

Another long trade, buy until the top of the channel. 1:1 RR

Sukhbir_Sandhu

Daily level which is acting as a barrier & could become possible resistance, buyers are dying out. A Double top on 4 hr time frame.

Sukhbir_Sandhu

Yen being strong overall, this is a good opportunity to sell. I would still wait for it to retrace up to that 4 HR resistance which would be a good R:R. Could be shorted now too if 1:1 looks good to you. Its top of this hourly channel with a spinning top & a bearish engulfing candle.

Sukhbir_Sandhu

Another idea, Euro has been strong, so going against the trend could be a bad idea but on the other hand, we see this continuous fight between the buyers & the sellers which creates this range. The top of the range has been holding again and again. I always prefer entering a range if at all needed with the direction of the trend to be on the safer side. But this...