GBPCAD SHORT DAILY INSIDE BARS FORMATIONMany inside bars withing the first MOTHER BAR . This Strong PRICE ACTION FORMATION on key resistance level is a signal for selling GBPCAD.
Inside Bar
EURGBP: Ascending Triangle with Inside bar Candle setupConfirmations:
Inside bar Candle
2 fib confluences
triple bottom identify reversal
good structure
AB=CD/ Equal Measure Move to Target
Next Move:
sell at target for retracement AB=CD
GBPCAD DAILY INSIDE BAR SHORTTraders!
We have got pretty interesting trade here on the GBPCAD Daily Chart.
It is Inside Bar Price Action Formation. This signal tells us that we can sell with a Stop Order On The BREAKOUT POINT of that formation which is @ around 1.6403 level. This inside bar is completed at a key resistance level (the upper red one line), and that means a signal for a counter-trend trade
Since the Mother Bar of that Formation is quite big here, we can put our Stop Loss on a 50% retracement of the mother bar.
Good luck!
USDCHF LONG DAILY INSIDE BARGood evening!
Look, there is an inside bar Price Action Formation on a USDCHF Dail Chart.
We've got potential 1:2+ risk:reward ration
Comment please what you think about that ;)
Cheers!
Time to Long SilverAfter a sharp rally $XAGUSD formed a inside pinbar. I just open my trade at 15.80 price.
Entry: 15.80
SL: 15.55
TP: 17.00
AUDUSD - many warn for a price fallOther warn today with this spinning top and this shooting star not yet complete on the green rectangle.
I think the bull force run out of steam.
Soon we will see the price fall.
S&P 500 short tradePresently a contrarian amongst other US Indices, S&P 500 presents a short technical trade set up. Please see annotated chart for details.
AAPL (Daily Chart) Looks bearish on the daily here even tho AAPL has been stronger stock as of late. Showing an inside day doji candle w/ a neg. close from the open which shows indecision to bearish sentiment. If strong stocks breakdown or leaders of the market then what does that say about the market in general? Could be an early sign of a retrace in the markets or at least a short-term retrace here. AAPL looks to retrace to around 114.50 which is near the 8dma.
