makindiilete

makindiilete Updated 

Hello traders, here we have EUR/CAD on the 30min chart with a valid bearish bat pattern. All-round excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 The D point forms around a solid support zone and we can expect price to...

makindiilete Updated 

Hello traders, here we have AUD/CHF on the 15min chart with a valid bullish bat pattern. All-round excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 The D point forms around a solid support zone, I will share more analysis...

makindiilete

Hello traders, here we have EUR/GBP on the 60min chart with a valid bearish bat pattern. All-round excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 The D point forms around a solid resistance zone, I will share more...

makindiilete Updated 

Hello traders, here we have EUR/USD on the 5min chart with a valid bearish bat pattern. All-round excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 The D point forms around a solid resistance zone, I will share more...

makindiilete Updated 

Hello traders, here we have GBP/JPY on the 5min chart with a valid bearish bat pattern. All-round excellent opportunity with over 1:2 risk to reward. The measurements for a valid bat pattern are detailed below. B: 0.382 - 0.50 C: 0.382 - 0.886 D: 1.618 - 2.618 Final X to D: 0.886 The D point forms around a solid resistance zone, I will share more...

makindiilete Updated 

* SMA 200 dynamic resistance and supply zone confluence detected * Price entered the resistance confluence zone and touch both the supply zone and SMA 200 before reversing. * Price reversed failing to make a successful bullish breakout of the zone and SMA 200 {i.e. we didn't print any candle that its complete range doesn't touch the confluence} and form a...

makindiilete Updated 

We have a valid buy setup with a pending order waiting to be filled on EURGBP and this is with a potential of 2 to 1 Reward to Risk. Yesterday EURGBP formed a valid sell set-up which was published but canceled later because price retraced above our inside bar pattern without our pending order filled, so we avoided a loss there by entering with a pending order at...

makindiilete Updated 

We have a valid short setup on EURGBP 240MINS chart with a potential 2:1 Reward to Risk ratio.......... 1. We have a verified supply zone that price has tested twice and it held. 2. We have SMA 200 a dynamic resistance in this case also in this zone to form a strong confluence. 3. Price has tested this confluence zone and reversed without a successful bullish...

makindiilete Updated 

AUDCHF is now approaching this sweet spot. We have SMA 200 dynamic support waiting to be tested and the Demand zone/Turncoat support also waiting to be tested in confluence. There are two ways price can behave around this confluence region to trigger a trade. FOR A BUY TRADE 1. Price enters the zone and test the demand zone and SMA 200 but fails to close below...

makindiilete Updated 

prntscr.com * SMA 200 dynamic support and demand zone confluence detected * Price entered the support confluence zone and touch both the demand zone and SMA 200 before reversing. * Price reversed failing to make a successful bearish breakout of the zone and SMA 200 {i.e. we didn't print any candle that its complete range doesn't touch the confluence} and form a...