PTEN listed on US markets, formed an inverse head and shoulders pattern, poised for a faster recovery to $15 and then $25 in the coming months. look to buy with stop loss kept below the $6.50 support level.
The chart shows it all! Looking to long this EURGBP bat pattern. When profit target 1 is hit we move stops to breakeven, but no profit will be taken here. All profit will be taken at the .618 (target 2). Stop level is also indicated. And as always, hold your thumbs!
The chart shows it all! Looking to long this AUDJPY bat pattern. When profit target 1 is hit we move stops to breakeven, but no profit will be taken here. All profit will be taken at the .618 (target 2). Stop level is also indicated. And as always, hold your thumbs!
The EURCAD has two times during this downtrend had trouble with the support at the purple box but has recently broken through it and is now coming back up. We look to short it when it comes back into the 1.4365s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs (indicated by grey triangles). We are also...
The USDJPY has multiple times had trouble with the pink resistance level but broke through it yesterday and is now coming down to retest it once again! We look to long it when it comes back down into the 121.4s as we then get what i call the "broken fang" setup meaning that price prints higher highs but equal lows (indicated by grey triangles). Other confluences...
The GBPNZD has multiple times had trouble with the purple box but has recently broken through it and is now coming down to retest it once again! We look to long it when it comes back into the 2.3s again as we then get what i call the "broken fang" setup meaning that price prints higher highs but equal lows. Other confluences are the .382 fib retracement, the...
The EURGBP0.18% has multiple times had trouble with the dashed blue line (both now and in the past, go the the 4hr chart!) but has recently broken through it and is now coming back up. We look to short it when it comes back into the 0.7155s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. We are also...
The EURUSD has multiple times bounced from the purple box but has recently broken through it and is now coming back up. We look to short it when it comes back into the 1.108s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this...
The GBPUSD has multiple times bounced from the purple boxes but is now ready for a second retest. We look to short it when it comes back into the 1.537s again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. We can also see that we are currently retesting the blue trendline which hopefully holds and help us...
The CHFJPY has 3 times bounced from the purple box but has now finally broken through it. We look to short it when it retests this level again as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should come back down to at...
The EURCAD has multiple times hit the important level of 1.463 (purple box) but has now finally broken through it. We look to short it when it retests this level as we then get what i call the "broken fang" setup meaning that price prints lower lows but equal highs. Our stops go above the resistance box and I'm hoping to catch a 1:3 on this one as price should...
Longing this pair if we see a pinbar/doji/inside bar in the green box. Both the two "waves" are practically identical: 1: Both (hopefully) hit the trendline at the ~40% retracement 2: There is a 100% extension of the first move right at the ~40% of the second move. Stoploss and profit level is shown on the chart. When a 1:1 risk:reward is met i move sl to...
Shorting this pair if we see a pinbar/doji/inside bar in the green box. Both the two "waves" are practically identical: 1: Both (hopefully) hit the trendline at the 61.8 retracement 2: There is a 100% extension of the first move right at the 61.8 of the second move. Stoploss and profit level is shown on the chart. When first profit is met i move sl of the other...
Making my first try at clones. Both the 100% extension (yellow box) and the 0.5 retracement of the two moves (orange box) coincide at approximately the same price, meaning this is where we will go long (blue box). Hopefully the trendline will hold and take us to the skies. Our entry will be a pinbar/inside bar/doji at the trendline. Our stoploss go a couple of...
This important resistance has held multiple times before and so i choose to go short at this level if it closes this candle as a doji/pinbar. It's as simple as that, good luck guys!
Shorting CADJPY at the important trendline and horizontal resistance if we get a pinbar/doji confirmation. Risk:reward= 1:2. Good luck guys! :)
Longing this pair in the obvious uptrend on the 4hr chart at this important resistance. Due to the highs getting lower (yellow line) i do not dare to put the profits higher than a 1:2 risk:reward. The lower green box is a really strong resistance which hopefully holds. Hold your thumbs!
Longing AUDUSD on this beautiful 1 hour pinbar in obvious uptrend. Our stop is the last low. we have two strong resistance levels until then and hopefully we will continue to the upside. Risk:Reward = 1:2. - Trade with the trend, you wouldnt try to roll a stone up a hill when you could just as well roll it downwards.