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Entry depends on trader's aggressiveness, some may wait for pullback, some may instantly get in as price fall. it's better to wait the candle close below the line and get confirmation from the next candle and watch for high volume. Target: the length of the flag pole (strong structure). Extension of the target will be the target of the big Gartley's Pattern on...
Hey Traders, Good morning, hope your week is started off amazing just as mine has. There isn't much on my radar this morning except for some pattern formations. Today on EURCAD we have a Bat formation coming back down to previous support. If you ask me truthfully, I think that if price comes back down, it might be coming down to break that level of support....
Level 3 up on H1 chart, searching for a good short entry.
Hey Traders ! Feels like its been forever since I posted, markets have been providing me with little opportunity so there hasn't been much to post, and If I posted ever idea that I had, then this would be a signal service instead educational content. Today I want to give you guys a look at GBPJPY. So I have been following this pair for quite a bit now and its...
Hey Traders, So taking a quick look at EURUSD I'm keeping an eye out on a retracement, at this point I have no clue what the market will do, since we are bearish on the HTF and bullish on LTF, but like always, I keep my views objective and identify the main levels of support and resistance and see where the market is more likely to pause, reverse or continue....
Hey Traders, Hope your 2017 is off to a great start! Today we have a gartley close to completion and this is a GREAT Risk/Reward gartley because of its deep retracement.This gives us a phenomenal opportunity to get in long and risk very little at the same time. Like always, if you have any questions feel free to comment below !
Hey traders ! So as we wait for our EURGBP trade to unfold, There is something else on the radar that we can be taking advantage of. This is a structure trade using some simple tools to validate and confirm the trade. The trading opportunity comes from the bearish outlook on the trading timeframe, and recent bearish sentiment on the daily timeframe + the...
Hey Traders, So I have been giving you guys a bunch of patterns and every now and then its good to show you some structure trades we take inside of Forex TV . This one is simple yet it can look a little bit indimidating to the new trader so if that's how you feel, don't worry, I will go over it right now and hopefully you will get a better understanding. The...
wave 5 of i will start in this week we can sell and then risk free our position
Hey Traders, I know its slightly late, however as I was scrolling through the charts, I remembered about this trade that I was keeping an eye on. This is a simple Trend Continuation trade for me, We are breaking structure to the downside, and now we got a pullback intro previous resistance which gives us a great RR. For this entry, we waited for a lower low lower...
i would say we can put pendent orders and put s.l behind the uptrend side. It's much likely the trend get down a bit, because it closed on bearish level
Hey Traders So far, this pair has been treating me well, it's funny because every week I tend to have 1-2 pairs that perform well, and the others are blah. I have a simple 10 pair portfolio, so I have my USD pairs the majors, I have some yen pairs, and my pound pairs, and recently the pound has been nicer to me than most and it's probably because I have a lot of...
Looking for short trades on this pair after it developed a rising wedge reversal pattern on h1.
AUDUSD developed a nice looking falling wedge on h1 and i am looking for a breakout to enter a long trade on this pair with 0.75 and 0.76 as my profit targets.