Confluences: 1: Weekly Chart trendline breakout 2: Trend is bullish as price seems to be making Higher Lows and New Highs on the Weekly Time Frame Entry: We will be looking to enter this trade towards the middle of next week. As we can see by looking at the weekly chart, this is a fresh breakout. There is the risk that price may pull back towards the low of the...
Confluence: 1. Weekly Chart Trendline breakout and close. 2. Weekly Chart Double Top pattern formation (Not textbook style double top pattern). Price seems to have failed to create a new high. 3. Trend is bearish as price is making Lower Highs and New Lows. Entry: The way the market is positioned on the weekly chart shows this is a fresh breakout. 70-80% of...
Confluences: 1: Daily Chart Trendline Bounce. 2: Price is bullish on daily chart and has just completed higher low 3: H4 counter trendline breakout Entry: At the break of the H4 counter Trendline
Yes AUDUSD is going on an uptrend at the moment, but we have been riding the retracement correlating to the monthly time frame. We can see that it's doing a complex retracement and now it will shoot down. Another observation is the head and shoulder pattern it has been creating. but once it falls it will fall!!! Stay in that objective state of mind! Lets...
Confluence: 1: Price Broke out and closed below previous weeks low on the daily time frame. 2: Trendline breakout out and close on daily time frame. 3: Price failed to break a significant Lower high on the daily time frame. creating double top pattern. Entry: Wait for price to test the area around the high of the current week which should take place later...
Confluence: 1: Price is trending bullish on the daily time frame making new highs and higher lows. 2: Price Broke out and closed above previous weeks high on the daily time frame. Entry: Wait for price to come and test the area around the lows of the current week, creating a Higher low before continuing to the target of 108.500.
12.75 precious support, nice buyers pressure there so get your dips there. get in, stay in, this will should print soon, BIG institutions behind this those with patience... shall be rewarded #no indicators needed straight price action baby
on daily chart there is a down trend , just got broken , no retest yet also waves 1,2,3,4,5 are completed , with double top on H1 i find this a great chance for sell
Here we got a bullish long play. First we gotta be patient and wait till it hits our levels. Buy Limit for sure on this one.
Targeting liquidity and trading fresh demand levels. Entry timeframe is 30M. Want to see if price is going to go deeper before going back up again.
- Daily - Slight descending channel with a double bottom at the 3rd touch of the pattern. Leading up to the double bottom there was another descending channel which price impulsed out of and in the next flag correction, I was looking for buys. - 4hr - After the impulse out of the descending structure, a bull flag formed with a double bottom that I was looking for...
Another set up was provided today. I took this trade on the retest of a 15m level after getting confirmation on the 1D, 4H and 1H. Very simply, i waited for a key level to be broken on a clear trend and then went short once the retest of that key level started to show rejection. If you can keep your strategy simple you can repeat it easily, and this is key to...
I have a double Gartley set up here. We have just completed the smaller Gartley which at this stage ties in with the ABC leg of the bigger Gartley. If we look at time and price then the C-D leg should be the same amount of time as the A-B leg. If it moves faster then we could see the 3400 area which is the 61.8% of the move up. Weekend trading is flat at this...
Im looking for a further pullback in the Gold to the 1900 area where I will be selling. Targeting 1800 first but likely getting a move to the 1750 area befroe buying. This whole move back is down is corrective so a low risk big profit potential.
EURGBP is showing us a correction, and a continuation up. We must wait for a breakout of the trend to go long.
Still looking for lower Gold prices. This pattern would give us a $10 risk with a possible $100 move. A move above 1930 would see me looking for a bullish count. Once again election and vaccine could see this thing get violent so need to be careful and look for low risk entries.
Bitcoin's price is lateralizing within a H4 tringle, if the triangle is broken up, I'm targeting $12,000 as there is an important D1 dynamic resistant. If the triangle is broken down, I'm targeting $11,150 because it is the most relevant support.