There are three possible market pattern on USDCAD pair. the 1st one seems doubtful while the second one is more like a scenario to happen and the third is inside the 2nd market pattern. lets see which one works out
Keep an eye out and don't get caught off guard! NASDAQ:QQQ
As described on the previous eur/usd pair. we are seeing a nice continuation pattern forming also in usdcad. which gives us a nice risk to reward!! Follow me for the video breakdown!!
I will do a video explain why previous pattern are now repeating , we could see price of gold retrace to 1906 level as previous all time higher patter. We first need to see price form some sort of support and we shall have a nice risk to reward. and we need price to break the 38,2% fib level to head towards 1906 level Follow me for The video breakdown!!
Divergence (1H) In a triangle pattern. in an 5 eliot wave. -> last extention down. In a trend line. ----------- wait to enter after last datapoint of triandlepattern and hit at trendline.
Here i take a look at some stocks I am watching for the coming week, i breakdown the current patterns i'm seeing on them and how i would play them moving forward.
Gold these past weeks, on the 4hr time frame we seen a head & shoulders form giving us confirmation as reversal. As gold gives us some movement towards the upside as a retrace also forming a " M " shape pattern on 1hr time frame also seen in light blue in the chart. could see gold potentially drop once more, using proper risk management My entry are in orange,...
Bullish rectangle formed. Possible entry above the level of current resistance
we can see UJ respecting market pattern. waiting for a break @108.340 then re test possible 35 pip move. follow me @gonzalezz.99 on insta for more in depth
- Watch for a reaction in that zone where the right shoulder would be formed. - If It doesn't break and close above the zone, CADJPY is falling for a good time and a long time.
On the higher timeframes, uj is sitting on the 38.2 prz level in a downtrend. On the 4 hour we see a head and shoulders pattern as well as a break of a trend line , and on the one hour we see a minor break of support. all we are waiting for is the retest and entry for the bearish push all the way to the 111.600 area
Pair Analysed is H1 Used following: Market structure and BOS Montlhly, weekly, daily and H4 timeframe S+R Supply and Demand Zones Fib retracement and ADX Also used Cross of EMA and SMA Month analysed was 30/06/2018 to 01/07/20180 (End June to 1st July 2018) Also note 20 pips tp. Would have collected 360 pips on that pair alone!
Whats up fellow trader's and Crypto Heads! Our CIO Mike has been a bit under the weather lately and we had a follower request to take a look at AION so, I'll be stepping in for him today! Anywho, this will be a quick one, but it's a beautiful example of one of the reasons we need more banking licensed exchanges with higher volumes of crypto to fiat pairs! But...
BAT @3:47 a.m. EST 04/22/18 Hi trader friends, I'll be BATman today and suggest you join our cause as we demand fairness regarding information and access to our favorite markets because there are "leaders" out there trying to suppress this entire space. Meanwhile, BATBCH has a potential triangle/pennant breakout trade opportunity pending. I'll keep it short....
IOTAUSD 2018-0419 12:49 a.m. EST. Mansfield Hola trader friends! Looking around cryptoland, it's easy to see that many of the main cryptos were kicked off “Down Channel Road” or thrust out of “Falling Wedge-ville. Ah, but they moved up to greener pastures! If you missed the many easy breakout around cryptoland, I have a pending buy setup, so take a look at...
This idea is behind the theory of market exhaustion. EURUSD made a high at 2:30am and hve come down since then. Around 1.2158 - 1.2152 or even 1.2150 place a buy order for 20 pips TP and 20 pips SL for a 1:1 risk/reward OANDA:EURUSD
Verge/Bitcoin, 240 minute bars, 041118, 10:11 p.m., EST. Fast post: Hello traders, it appears that Verge is on the verge of completing a Wave (4) of lower degree pullback. This is not a particularly high confidence wave count, it is a decent pattern trace If true, there would then be two more rallies remaining. We would see a Wave (5) of bigger Wave 3, then a...
EOSUSD (EOS Token) LOG Scaling, 041118, 3:32 a.m., EST. Michael Mansfield CIO, CryptoPlayhouse. Today was an interesting day, one where my former ability to see more market patterns in 3D, came back to me after a very long hiatus. So I built a playful (definitely not precise) pyramid on one or my favorite up and coming Distributed Ledger Technologies (DLT)...