Volume, Vwap, VFI Setup a very simple profitable setup only using 2 indicators (Volume Weighted Average Price & Volume Flow Indicator) as everytime the vwap in candlestick/bars and vfi crosses in the chart it's a sign of a huge move or trend reversal as you can see in the chart. This GB (GBP/NZD) setup in 2hr tf could have made you +500 pips in only 2 days...
BRENT CRUDE OIL UKOIL Stuff and Nonsene
Brent is expected to move up to 68.06-69.47 range over the
coming couple of weeks where it becomes a sell again with
stop above 70.00.
Buy dips to the lower parallel if seen at any point during this
rally, looking to sell again when the upper parallel meets
price in the 68-69.47 range in a couple of weeks' time.
This is a great set up on the daily chart, the head and shoulders pattern is structurally clean but don't be surprised to see some chop around the neckline. I'm looking to start building positions around the neckline.
There's a pretty solid 500 pips to work with here.
This will be a tricky trade, start small and scale in.
USDJPY had an impulse down and now its correcting and it looks like this is a triangle pattern, in case it is this would have to make another wave up and then it would complete the 5 wave structure which would lead the breakout to the downside and ill be targeting 95.50 and potentially lower.
USDCAD on the daily chart is in a downward trend as you can see on the chart. What so interesting about this long opportunity is that price break and close above this daily trend line. Once a break and close above happened now I am looking for the price to retrace to that zone where It break the trend line. Now I can assume that this zone will become a possible...