Hi everyone we have a potential short trade until it breaks to the upside or vice versa. Good opportunity to take few pips until a clear picture in my opinion. Good Luck and lets see :)
Hey guys, we've been watching this potential setup for a while & price action is finally in striking distance of you D point completion. Therefore I wanted to repost this chart just as a heads up. Keep an eye out for the *ADP Number at 8:15 Eastern. I'm heading out of town so there will be no more post from me this week, however I did leave you guys a short...
Bat pattern already completed at the structure level and potential cypher pattern will be completed also at structure level , for me it's pattern confusion ! , but i think trading bat pattern (after candle confirmation) and putting take profit will be at 0.382 retracement of CD leg and stop loss will be under X with some room this give risk reward ratio 1.4 , i...
The Gartley pattern has been completed at the structure level and will be good opportunity to short the pair.
Not a lot on my radar this morning which is perfect seeing how Monday’s are typically days where I let the markets wake up after the weekend. One pair that I’ve been continuing to watch closely has been the EURUSD which has provided a lot of opportunity over the past month or so. The chart before you shows a potential bullish Gartley pattern completing extremely...
THE POTENTIAL BEARISH BAT PATTERN: AB=0.723XA; CD=2.24CB XD=1.27AX ZONE FOR SELL: S/L above 124.480 Target 1 = 123.990 Target 2 = 123.860 Target 3 = 123.340 Open your position after news (Gross Domestic Product Annualized (Q2)Preliminar). Thanks for your likes and comments!
In depth technical analysis on NZDCAD - My outlook is bullish on this pair
The radar is light once again with only a few pairs (including yesterday’s NZDUSD idea) still in my sights, but this opportunity on GBPAUD looks like a pretty good potential. GBPAUD has driven straight up since…well early 2013 & although the momentum seems to be slowing down, there’s absolutely nothing on the charts as of yet that says we’re going to stop anytime...
Two potential patterns here on the Cable this morning. A potential bullish bat pattern in blue and a potential bullish cypher pattern in pink. Both should be tradable unless you’re using a massive stop loss for the bat pattern. In that case it’s best to choose one over the other beforehand so that you don’t get yourself into a potential revenge trading situation....
*Just realized we have an ECB Press Conference Today at 8:30am NY. Be careful with this one up to that point* Great day of trading yesterday as I ended the day with a single win (usdcad) and a singles loss (eurjpy). For those familiar with those two trades, I'll take that any day of the week. For those looking for more information on yesterday's USDCAD trade make...
Not a lot out there today, for me at least. We've got a handful of fundamental events coming out once the New York session starts so maybe the markets are waiting for them but keeping it short and simple we've got 2 potential advanced patterns that would complete at the exact same level here on the NZDUSD. Despite the underlying trend being heavily bearish, we are...
Although I don’t day trade on Monday’s I have a handful of pairs on my radar for my swing trading portfolio. Multiple patterns on the EURUSD, a few setups on USDJPY, NZDUSD and of course the chart above on EURAUD. We were watching this pair last week for the bullish breakout and now that we’ve gotten it, the next chance to hop on would be at a pullback. Looking...
It's Friday...I'm feeling burnt out, so we're going to keep it really simple today. Potential Bear Bat Pattern. There you have it. It is pretty cool that we get some extra fibonacci confluence in the form of an 61.8 retracement & a 161.8 extension but at the end of the day the pattern is all that really matters to me. Other pairs on my radar today are the...
A few potential trades on my radar this morning including EURUSD, AUDUSD & AUDCAD (Long from overnight), but one that just caught my attention came on the NZDUSD. Even if you're new to reading a price chart it should be pretty obvious that the Kiwi has been in a downtrend. During this bearish movement I've been looking for different places to join the party each...
If you're new to following me, yesterday I decided to dedicate an entire week to keeping you guys updated on a single pair. Below is a link to the Day 1 chart if you missed it or just need a recap on what I was looking at. The cable was very bullish yesterday an nearly pushed up to our projected bat pattern completion. Since then we've retraced and are setting up...