If you had joined our live session last night, you will be amazed by how the market unfolds and respected the Support Line, Blue Line. I've bought GBPUSD at 1.3886, first target goes to the structure resistance at 1.3976 and target 2 will be an extended target. Check out the link in my signature.
An emerging bullish bat is about to form within the buy zone(blue box) is usually a great setup for a buying opportunity I will engage. However, this setup wasn't the Grade A setup and that is because Point C is a double-top, for such a setup it poses a threat of a break and closes beyond Point D completion. As a thinking trader, I will be waiting for a candle...
An emerging Harmonic Pattern could form upon the CADJPY and if it did, it will be quite similar to the trade ideas I've just posted(check the link in TradingView related link segment). Both have a Head and Shoulders trading opportunity within it, the only difference is that this is closer, provided the Bullish Shark Pattern form up at 87.19 as a trend trading...
This week Expert Level has posed a challenge as there are just so many great trading setups in the coming week, despite the Friday Non-Farm Payroll(NFP). I'm waiting for a buying opportunity on this bullish bat pattern that is completing at 76.30, and that would give me the advantage to engage the buying opportunity on the emerging head and shoulders pattern on...
A Bullish Deep Gartley Pattern is about to emerge on the USDJPY 1-hourly chart. If you are a support and resistance trader, you might be looking for a buying opportunity at 109.41. What's more important is to wait for the candlestick confirmation before engaging on that trade. There is at least 1 harmonic pattern on each timeframe I'm trading at, the 1-hourly...
If you have missed the buying opportunity that I spoke about last week, you missed 127pips of potential profits, which is 1,270USD/lot traded. It is better to get a Coach, especially for this kind of thing in life. If you are looking for a buying opportunity, you can look at 1.1838 for a buying opportunity on an Emerging Harmonic Pattern, a Bullish Shark...
A counter-trend setup has been presented on EURUSD. I've shorted EURUSD at 1.1873. Let's see how this trade rolls out.
Don't underestimate this trendline, if the candle fails to break and close above this trendline, it shows that this will be an amazing shorting opportunity. Even when it breaks and closes above this trendline, I'm not looking for a buying opportunity right away and the reason is that on the 4-hourly chart there is multiple shorting opportunities.
EURJPY daily chart has a Bullish Deep Gartley Pattern setup. On the 1-hourly chart, there is a potential of a bullish flag pattern and I will be planning for a buying opportunity at 129.67.
Based on the daily chart, a shorting opportunity is a counter-trend trade. However, based on the 4-hourly chart a shorting opportunity is a trend trading opportunity. If you are asking, how is that so? Then it is important to get your fundamental(basic) right. I'm looking for a trend trading shorting opportunity between 110.82-110.38, breaking and closing above...
The Daily Chart(higher timeframe), is on a bullish trend setup. I'm waiting for a double bottom retracement 1.3649-1.3613 for a trend trading opportunity. I will discard this trading idea when the candle breaks and closes below 1.3587
Don't underestimate the earning potential when the market is moving sideways, always assess the market before giving up on the trading setup. What if I tell you that this bounce has a 60pips range? Now, will you be interested? I'm waiting for a retest at 1.1759 for a buying opportunity.
Bearish Butterfly Pattern complete at HOP level. I've engaged in this trade as it gave a Great Reward is to Risk Ratio. Are you familiar with the HOP level? Do you know the appropriate level to shift your Stop-Loss to Entry? Comment down below. This trade can take 2days to - 2weeks to hit its target profit.
On the 4-hourly chart, we have three Harmonic Patterns Setup, Type2 Bullish Shark Pattern, Bearish 5-0 Pattern, Emerging Bullish Deep Gartley Pattern, but I prefer the setup on the 1-hourly chart over the setup on the 4-hourly chart. I'm waiting for a buying opportunity on the trendline, as long as it didn't break and close below the trendline, it will be a...
Well, if you have read this week analysis on GBPUSD, EURJPY offers a better sideway bounce setup. Comment down below if you know the reason behind it. I'm waiting for a buying opportunity at 129.67, alert has been set for a buying opportunity.
While there are a lot of trading opportunities using the Harmonic Patterns on USDJPY, but what actually standout will be the trendline buying opportunity. As long as the market didn't break and close below the 4-hourly chart's trendline(to be more precise, not to close below 109.53), I will be looking for a buying opportunity on this pair and my 1st target will be...
GBPUSD has a sideway bounce formation on the 1-hourly chart but I would say the EURJPY sideway bounce setup is a better setup, check out my trade-ideas profile for the setup. On GBPUSD a minimum setup will be a Double Bottom with RSI Divergence for me to engage a buying opportunity. Conservative traders will place stop-loss below the low of the circled shadow.
Harmonic Patterns seems to be a rampage on the EURUSD Chart. I'm waiting for a shorting opportunity on the Bearish Deep Gartley Pattern on the 1hourly chart forming up at 1.1871.