Buy limit order setup at 101.35-101.4. SL control at 99.87 With the daily chart, the downside traend has been de-accelerate with lower slope side way move from mid of June. This is concurrent with BOJ's policy. Time cycle indicate the that the price is going to have some changes. RSI and MACD give you a good idea of long term divergence which add the...
HERE WE HAVE THE IBEX 35 INDEX IN A VERY SIMILAR WAY TO SANTANDER BANK. ALSO CHECK MY LAST ANALISIS ON SANTANDER FOR A GOOD TRADE OPPORTUNITY. IF THE GOVERNEMENT IS FINALLY FORMED BY POLITICAL PARTIES PP + CIUDADANOS THE BIG INVESTORS WILL COME BACK TO SPAIN AND INVEST THEIR MONEY AGAIN, THAT WILL MAKE THE IBEX 35 INDEX GO UNTIL THE CLOUDS. THE OTHER IMPORTANT...
Chart using ICT orderblocks. Would rather see DXY make a small retracement at 96.2 because it can then regain strength to make a higher high. Breaks are moments we need to closely monitor price action on a lower timeframe. Technically price should not trade into the orderblocks too far, since most of these barely have any wicks. In other words, we are going to...
I decided to use the callout as a description :) Good luck!
EURUSD is recovering at the moment, will take a day or two to get back on top of things and move into bearish orderblocks, to my opinion. Good luck!
EURGBP will be in small ranges for awhile. Bearish orderblocks constantly pushing price down. Larger timeframe perspective has however been bullish. Therefor trade this pair with caution. Good luck!
sell break out of the trendline or if you are aggressive and risk taker, you can enter on 88.6% fib too. This trade is based on my previous analysis of this pair, the link is in "related ideas" !
UK OIL Giving Opportunities for Shorts and Longs Mid-Term and Long-Term In a range between 30/50 Day trades mostly (Not holding long-term positions) One Trade from price level 30 Long with Tight SL on positive side (Holding if we break up) Pending Long Order at price 54.00 Flat if we break and continue up Possible neutral at least till end of year in this...
For those looking for valid entry reasons: Bullish Cypher Pattern within trend at previous structure. Market respected the level past two day (see wicks). Make sure to trade your plan! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
I know this chart is a mess! but that's because complex corrective patterns are mess and they can form variety of combinations for long time; but eventually one of these waves is the final one and price will finish the corrective phase and start an extremely impulsive and trendy wave which non of us want to miss it, so we have to risk and take trades in each wave...
Still on a heavy downtrend on higher time frames. Now looking to hop on the trend via this bearish bat pattern. Good luck and good trading. Felix
I am looking for two different structure zones on this pair. The lower one gives us first chances to look for valid shorting opportunities. To this point we failed to retest the 61,8 % retracement, therefore the shown gartley pattern isn't activ right now. So, if we see the lower retracement I will place my limit orders to short via the lower gartley pattern. If...
Recently saw a new structure low on the daily chart. We are now retracing into previous strc. which should become resistance. The market gives us a bearish bat pattern which acts as my reason for entry. Because we expect further downside on this pair my second target will be the retest of recent lows which gives us a nice risk/reward profile. Trade your...
Looking at USDCAD we see that the RSI is heavily oversold. I am long in the gartley pattern since 1.2837. For those traders how might have missed this pattern, you get a second chance with much better RR ratio. Remember you follow your plan! Best of luck, Felix. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
Not too much to say about this one. Nice Gartley pattern setting up for a possible trend continuation trade. Stops and Targets as your plan says. Best of luck. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
Although I am not actively trading OIL this is a very interesting chart. From the lows we rallied right into the 50 Dollar area, almost doubled the price since February. The magenta arrows show the impulse legs. So we are right into the last start of the impulse leg from the recent downtrend. Based on the AB=CD we could predict, that the market will give us at...
AUDUSD is still in a downtrend. Therefore we're looking to take shorting opportunities to hop on the trend. This gartley pattern gives us pattern traders a valid short. Depending on your personal rules you can either trade this pattern with conventional targets (38,2 & 61,8% from A-D) or as a TCT as shown on the chart. Website: www.ogtpartners.com Twitter:...
* First one is a Gartley Pattern, not a BAT* Advanced patterns work best when the market is in consolidation. A great example is the German Dax where we recently saw two advanced patterns both hitting two targets. Now there is a third possible chance to get involved in form of a bullish cypher pattern. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl