Hi, Thanks for looking out for me. As seen on Gbpusd, A swing pattern is shown on the 4h Tf. Do well to analyse the pair and trade with calculated risks. Do not forget to like and follow..
According to our signals, the target prices are $303 and $307. I hopped in today and grabbed a couple options. We've got a potential morningstar forming. Let's see
Hello traders, I would like to focus on the price action inside the yellow area. It is possible the market would move to the upside. If you like my analysis, please support it with your comments and likes. Disclaimer: This analysis is not investment advice. There is a high risk in trading foreign exchange. All content on this article is mainly for informational...
I will open entry if I see a nice reversal signal on 4hr. If you like my analysis, please support it with your comments and likes. Disclaimer: This analysis is not investment advice. There is a high risk in trading foreign exchange. All content on this article is mainly for informational purposes.
Hello traders, the market has reached previous low on demand zone but I personally expect to see a continuation to the downside on the key support level, and I will be waiting a nice reversal signal on 4hr time frame before I enter a trade. If you like my analysis, please support it with your comments and likes. Disclaimer: This analysis is not investment...
The Point D completion on the bearish butterfly, if the candle closes above the consolidation zone it can be a warning sign. Let's see how the candle close. If the candle break and close above it I will be looking at the reaction on the Resistance level, if breaking and close above of it may cause me to close my longer-term trade(link at bottom)
Hello traders, I notice that there are interesting candlestick patterns on weekly perspective. As you can see, compared to red weekly candlestick, the candlestick in the last week has lower open price but higher close price. Therefore, I do not have a bearish perspective even if the market moves to the downside. However, if the market breaks the key level of...
Hello traders, for the EUR/CHF, everything remains hesitant on 4hr perspectives. I will be waiting for a nice rejection or reversal signals from key resistance and support level. If you like my analysis, please support it with your comments and likes. Disclaimer: This analysis is not investment advice. There is a high risk in trading foreign exchange. All...
Hello traders, I am anticipating a nice reversal signal on 4hr time frame inside the area. TP: 0.69884 SL: lowest price of reversal signal If you like my analysis, please support it with your comments and likes. Disclaimer: This analysis is not investment advice. There is a high risk in trading foreign exchange. All content on this article is mainly for...
Woooo. Finally a break and close above the resistance and this confirms a bullish flag trading opportunity. The Bullish Bat pattern was spotted on the Daily Chart as early as 8 Jun 2020, patience is required when you are trading on a higher timeframe. When we are new in trading, often not we engage 1 trade and look for the next product to trade, in fact by...
The completion of the bearish butterfly pattern, I'm waiting for a shorting opportunity, the nice thing about this formation is that the Point D completion is at the previous resistance. The not so nice thing is that it is not at the furthest end nor it's a trend trading opportunity. Candlestick pattern confirmation is important.
USDJPY doesn't have a distinct trend at the moment. If market consolidates within the red box I will be waiting for a shorting opportunity. A break and close above the red box then I'll wait for the market to travel to Point D for a shorting opportunity.
A bullish bat pattern came closer than last week, I will be waiting for candlestick pattern confirmation before engage the trade as a counter-trend trading setup. Take note that there is 2 support level that is close and lower than X, being aggressive on this trade is not advisable.
The Head and Shoulders formation has got us 145pips profit on the trade(link at the bottom). Right now we are waiting for a Bearish Gartley pattern for a shorting opportunity.
Weekly Chart Bullish Channel 2 Line Shooting Star Pattern Bullish Momentum Rising Daily Chart Loss of Bullish Momentum Pullback after Touching Top of Channel Rejection of 14EMA Simple ABC Correction 4hr Chart Symmetrical Triangle Loss of Bearish Momentum Look for Pullback to 50EMA at 195.54 Dynamic Support at 195.20 (In Line with Bottom of 5/27 Trend...
everything is crystal clear on the chart. Risk of this trade gets lower after the break of the neckline and sl would be above right shoulder. . . . . If you liked the idea click like and follow to see more upcoming updates. I'll be glad to know your opinion in the comments. This is just a bit of financial advice, do your own research too.