Hey guys, The pair is currently in a flag inside what looks like a broadening formation (megaphone). Based on the Ichimoku Cloud, we can see that the price is supported by a thick daily cloud and is currently above all its clouds as well (H1, H4, and Daily) suggesting that it will sooner or later test the highs again. I am already positioned in this trade,...
Hey guys, Buying the pair at market price since price bounced off a demand zone and broke its corrective pattern to the upside. I will target the next supply zone @ around 129.600. Trade with care. Jesse
Hey guys, The pair broke its corrective pattern 2 hours ago to the downside. The previous demand zone has shifted to a supply zone implying that selling is ongoing. I am selling at the market and will target the 127.2% fib level which is the next demand zone. The RR for this trade is above 2.5. Trade at your own risk. Cheers,
Hey guys, The pair is currently inside this structure and is bouncing off a dynamic support and resistance level with nice pin bars showing strength from buyers. The idea is to buy the breakout until the next resistance area. A nice 50+ - pip trade! Trade at your own risk
Hi guys, Very nice inverse H&S pattern on USD/CHF. As you can see, price has just broken the neckline on H4 and we have now a confirmation that the pair is following a bullish trend. The volume profile can show us that we should find some selling pressure at around 0.90 (high volume node), which will be my first target (T1) and another one at around 0.90500...
Hey guys, A potential nice short for this pair. I will short @ around 0.71540 and will target the previous demand zone @ 0.71210 levels. Of course the trade is cancelled in case prices don't reach the sell zone. Stops and targets shown in my chart. The R/R ratio is slightly above 2 for this trade. Trade at your own risk
Hi guys! Just published my very first educational post, I hope you will like it! This is a trade which I took yesterday and I thought it would be interesting to "dissect" it into 4 steps in order to understand why and when is the "best" moment to buy and/or to sell. I have incorporated the explanations in my chart. Please note that this is an "ideal" trade and...
Hi guys, Took this trade on EUR/CAD yesterday. I am bullish. Please check my chart should you wish further explanations. I am targeting the 1.56800 - 1.56900 area. Trade at your own risk
Hi guys, Saw this trade a little late! The idea is to wait for a pullback (if any occurs) and buy the pair which is breaking out. I will target the next supply area. If I don't see any minor pullback I will not enter the trade. This trade is similar to EUR/NZD I took this morning (check below). Trade at your own risk
Hey guys, Took this trade a couple of minutes ago. We have pin bars forming at the top of the flag and price trying to break out. The idea is to set a tight stop loss a couple of pips below the pin bars and to wait for a potential breakout. The next supply are is indicated in my chart. A potential 40+ pip trade! Trade at your own risk
Hi guys, The pair is currently in a triangle. I took a trade at support areas where pin bars formed on M15 and M5 around 1.18850. The idea is to anticipate the breakout and target the next supply zone around 1.19550 area. Trade at your own risk
The pair is currently ranging in a parallel channel. It is printing Higher highs an higher lows suggesting the trend is still up. We also have a level which was a resistance and is now turning as a support. I am a buyer and will target the top of the channel. Trade at your own risk
Hi guys, Been long on GBP/JPY since yesterday. The pair broke a resistance which should - technically - act as a support now. I will add more to my longs as soon as the pair breaks its resistance - around 136.050 - and will target the next one around 137.400 - 137.550 area. Trade at your own risk
Hi guys, I took this trade a couple of minutes ago because it seems the pair is ready to push higher to its next resistance level which is a strong supply area (confluence zone). Price is also currently above its pivot level. I opened long my trade @ 135.740 and I will target the 136.400 area, so a potential 70+ pip trade. If it breaks I will look for some...
Hey guys, I am watching EUR/CAD and will look to sell if prices enter the supply area (orange box). This could be another potential Quasimodo pattern. Should I see any sign of rejection at the supply zone, I will sell the pair and target the first support (at previous lows (marked as "L)) and the second support (at previous lows (marked as LL)). Total RR...
Hey guys, I thought I'd share a small trade I took this morning. As you can see on my chart, a high was formed on M15 followed by a low, then a lower high and a lower low. The idea is to wait until the lower high is broken and watch for a pullback to our level of interest (=retest in the demand zone) which is the area between the left shoulder and the lower...
Price hit the lows of the day and is currently at 4H Demand Zone. I am expecting a reversal from here and will target the 5 mn supply zone which could act as a future resistance since it was a former support. Trade at your own risk
The pair is printing lower highs and lower lows. It has also broken a support line and is below its VWMA and its daily pivot level. This trade has a R/R of 2.27. Target @ 100% retracement, Stop @ 50% as shown in my chart. Trade at your own risk