Little idea on USDJPY Waiting for the weakness to show itself if we cant test the highs of Friday and we close indecisive again on Monday then i will put a pending order 5pips below the close of Mondays candle and then enter a short position Wait to see what price does on Monday. Lets see how it goes.
EURCHF Just set a pending order before market closed above the daily highs. Last 2 days have both failed to reach to previous daily lows at a major support level so lets see how it plays out
The weekly close is near and an interesting pattern formed. Have a close look at the weekly chart to see the power of this pattern. We now have: Outside mother bar, No close out of the box Classic fake breakout Wave 5 finished on Daily/4H timeframe Market was sold off, but quickly recovered and closed inside the box. This indicates, that the selloff was...
I posted an idea below on a possible bear flag.. but that dont seem to have materialised. So now i am looking at a H&S pattern to complete between 0.692 - 0.694 will be looking for 1st targets @ 0.68 and then progressive targets @ 0.675 Will wait for price to do its thing then look for an entry
Possible bear flag pattern on AUDUSD i know it will be hard to execute any kind of trade today on this because of NFP but its a possibility that we will move down to 0.68 at some point
short position Wait for the best Entry or sell on range price! on your own responsibility!!!
NAS100 made strong movement today with a lot of volatility due to news. Price sits currently at the top of the structure and the third touch of the outer trendline was made. We have a nice clear 1H sell signal with RSI divergence across last three highs. This may not be the final top before the inevitable fall comes, but a quick trade with some nice potential....
AUDNZD is in its final move to the downside. Have a look at my wave count: Market finished Wave 4 which is a classic triangle pattern Price broke through support with its final Wave 5 to form bottom we are getting a nice RSI divergence across higher timeframes Market sits currently at long-term trendline 4H double bar candlestick pattern was formed,...
Several confirmations pointing in that direction But there ultimately waiting on price action whether it happens on the support or ceiling. Marked as a neutral signal due to confirmations in both directions. Honestly, Id rather reacts to the market than to try to predict it. I have directions for you for either way the market goes. Waiting for the break of...
Depending on how this current candle finishes i will open a long position based on the inverted H&S pattern Lets see how it plays out
Short term short of EURNZD Two areas of resistance one at previous structure and there is also a descending channel resistance. Gone short off of the bearish engulfing candle Lets see how it plays out
A Nice area of reversal for USDCHF Going to open a long position now on this trade, 1% risk on target 1 and 0.5% risk on target 2 Lets see how it plays out
Possible long entry coming up on AUDNZD Lots of buying pressure at this area previously. Will be looking for longing opportunities as soon as we enter this zone. Lets see how it plays out. Any questions feel free to ask
I've been in a short position in USDCAD for a few days now. This entry was based on my analysis of the failure In price from the DAILY HIGH price level of 1.46853 back on January 20th 2016 (top WHITE LINE). A price range/channel was formed when this price level failure hit a low of 1.20620 (bottom WHITE LINE), giving us a potential area that price is seeking to...
Looking for Strong Possible Buy Several confirmations pointing in that direction But there ultimately waiting on price action whether it happens on the support or ceiling. Waiting for the break of support or Resistance on 1 hr The retest of Support/Resistance on the 1-hour candle or Higher Time frame 2 consecutive 15 min candles in initial breaks...
Waiting to see if price can reach the previous area of value. Once it gets there i will be looking for opportunities to go long on this pair. Could turn out to be a nice trade if price can just push a little lower. Any questions feel free to ask
Gold is approaching a nice AOV and i have been eyeing this for a couple of weeks. I believe sellers will begin to enter the market around this area. Looking for confirmation for a short entry on gold very soon.. Will see how it plays out, any questions feel free to ask