Waiting for an indecision candle to engage the trade for a counter-trend trade on CADJPY. At the resistance level 76.60, traders have to observe if the market can break and close above the recent high before hitting the first target.
Friday spotted is a trading opportunity, a bullish bat pattern, but why I didn't engage. Other than it's Friday, it's the strong bearish movement of the currency movement. I would rather miss the trade than to see that the market gap against me when the market open.
I've been waiting for a clear sign to engage a trade, nothing beats a bullish shark pattern and at this moment I'm waiting for a checkback to engaged the countertrend trade.
We had entered a trade with bearish crab pattern check-back setup as a counter-trend trade. At this moment, it's the waiting phase, it is a test on our confidant, faith, greed and patience. At 1.2977, I'm waiting for a break and close below that level to hold on to the trade.
Bullish Crab has check-back and shows a nice setup for a buying opportunity that I've waited for months. On the daily chart there is a bullish bat pattern that has also checked-back. Let's see how this trade pans out.
A check back on this bullish bat pattern with a bullish engulfing candle has given a great signal for a buying opportunity, what's left is a buying opportunity on the lower timeframe to execute the trade.
Bullish Bat Pattern check-back on the daily chart(link at the bottom), I'm waiting for a retest on the support for a trading opportunity.
A check-back on the bearish crab pattern with RSI Divergence on AUDCAD pose a great consideration for a shorting opportunity. On the Weekly chart, it is a major resistance area, but sadly target2 doesn't provide a 2:1 reward:risk, let's see how this trading setup pans out.
A bearish shark pattern consolidate on the 4-hourly chart resistance, a pending order has been set in anticipation of a check back to capture this trade.
On the higher timeframe I'm waiting for a shorting opportunity but on the 1-hourly chart, the ABCD pattern from within the buy zone, I'm waiting for the retest of the entry price to look for a buying opportunity.
After the bearish shark confirmation through the bearish engulfing candle, I'm waiting for a check-back on the daily chart(left); on the 4-hourly chart(right) to engage the trade. Most likely this will be a trade for tomorrow for people who are living around the (+8GMT) timezone.
A bearish bat pattern sideways trading opportunity waiting for a checkback to 1.0977 for a shorting opportunity. Target1 as shown but on my second target I'm going to stretch that.
A bearish shark setup on a counter-trend trading opportunity. Trade has engaged, waiting for a shorting opportunity when the market check-back.
A bullish bat pattern spotted by the HPC, right now all I need to do is to be patient and wait for the check back on the blue arrow to engage the trade on this ranging market.
A bearish shark pattern has formed within the consolidation zone. At this moment I'm waiting for a check back to engage this tree on this ranging market.
Waiting for a retest back towards the entry price for a bearish bat check-back setup.
After breaking and closing below the resistance line, the bearish shark has turned and hit the target1 of the setup. At this moment I'm waiting for a check back on the entry zone to execute the trade for a shorting opportunity.
Waiting for a check back on this bearish bat that coincides with a Bearish Butterfly TypeII setup that is on the 4-hourly and 1-hourly timeframe.