decided to take a min tonight to just plot some lines on the chart. I have mostly crypto now and almost no fiat, just a feeling we may go up. If the USD dollar doesnt decide to cool down I will go back to USD. Or do some charts with BTC vs Alts to see what to hold if I dont go usd.
I see a great opportunity to go short on FX:NZDUSD . We have a very nice triangle pattern with very interesting key confluences:
1. Price has tested the triangle resistance once more
2. Fibs 78.6-88.6 (little one)
3. Fibs 61.8 (big one)
4. Nice shooting star candle.
Our targets are:
1. Next triangle support level
2. Nearest structure support 0.6290
3. Fibs...
Sunday morning traders!
For Monday there is a very nice shorting opportunity on FX_IDC:EURJMD
There is a very nice structure resist zone with the confluence of fibs -38.2-50.0. If you look left we see these key levels, which are our reversal zone and price is more likely to fall down until 133.67 for target 1 and 133.15 for target 2. Lets see what the price does...
On FX:GBPAUD we have a potential shorting opportunity as well. As we see there is a very nice structure support @2.16411. If the price breaks this level I wait the price to reverse at fibs 61.8(look left for structure), retest this zone and then go short until the 2.1475 level. As you see we have very nice fibs of 61.8 and 78.6.
Avto_T
Green...
Here on FX:EURAUD is a very nice shorting opportunity. The price is entering the reversal zone which is a strong structure zone, look left for more confluence. We might see a double top and then fall down, or straight fall down. I prefer to wait the double top for more confluence, and then go short all the way down to the next structure levels: Target 1 and...
Hello Traders!
Today on my radar is FX:USDCAD As we see price is approaching the key resist level which will be the must watch level to go short. Currently price is moving in the wedge pattern and @1.3310 we might see the false breakout in order to test the wedge resistance and then fall down. As the price has tested this level many times, there is a...
Sooo, we have a very nice breakout on FX:EURGBP after a long term retests of the structure level @0.7240. As we see price has broken the structure and it is more likely to retest it and then fall down. And there is a good opportunity to sell at this level. I assume price will reverse somewhere in red zone and our targets will be somewhere in 0.7176-0.7146.
So...
Sunday Morning Traders!
What we have for Monday is a very nice long setup on FX:EURAUD
So we have a nice bearish channel and inside the channel nice ABCD pattern which is more likely to complete somewhere in the Red Zone with the confluences of: 1. Fibs extension 1.272; 2. structure support 1.5581; look left and check this level. 3. channel edge right at...
On FX:EURJPY we have the best long setup. There is a cup & handle pattern with very nice handle which forms a flag pattern as well, and this is a continuation pattern. Besides we have potential ABCD pattern. Our targets will be the next structure resistance @138.09- look left for more confidence- and a very nice fibs 1.272 confluence right at this level. The...
So, FX:EURGBP is in a ranging market, and I see a good long opportunity here. We have flag pattern with structure support confluence (see red zone), which is a strong wall for this pair right now. We can involve in this setup in two ways:
1. Buy on breakout (it is a better choice)
2. Buy at support red zone
And our target 1 will be @0.7355, Although, if the...
We have a nice completed bearish cypher with the confluence of resist level @120.96.
In addition nice channel where price found resistance and right now is in consolidation phase.
Our targets are 12.38 and 120.09 support levels.
Keep an eye on todays Rate decision for USD!
Avto_T
Green...
Here is another setup on FX:EURJPY We have a very , very nice shorting opportunity. There is a very good structure @137.04, look left for more confluence. Besides the structure we have a completed bearish bat pattern.
I suggest to go short at structure as the market has upward momentum, and according to my analyzes the structure must act like a wall.
Our stops...
Hello Traders!
Today FX:USDCAD is on my radar. Here is a very nice shorting opportunity.
At last the price has broken a big triangle, found support @1.3175 and forming a flag pattern, and this means that market is going to fall even more. We have 2 opportunity to go short:
1. Sell around the PRZ,
2. Wait for the market to break the flag and support, retest it...
Harmonic pattern is ready to go short on FX:EURJPY
We have a bearish gartley with the confluence of fibs 61.8.
Our target 1 is around the next support and fibs 31.8 and the target 2 deeper support with fibs 61.8.
Besides look left and check the structure levels for more confluence.
GL (Green...
Hello traders.
Today on FX:AUDUSD we have a countertrend setup so called double top. we see price tested the HH and found resistance @0.7465, so it is a good opportunity to go sell AUD.
Our targets will be somewhere between 0.7086-0.7062 with the nice confluence of fibs 61.8-78.6. Besides we have a very nice structure of neckline.
Watch this pair and take...
Here on FX:EURJPY we have a very nice harmonic moves inside the channel. This is so called 3-drives pattern and we have a very nice trade setup to go short. The structure and harmonic moves gives us the clear opportunity to sell. Our target is the next support level @ 134.72 with the confluence of fibs 50.0, and stops go above previous lower high. Note, that we...
Hello traders.
Today on FX:GBPUSD we have a very nice shorting opportunity. The price has made perfect double top @1.5470 at very strong structure resistance level. For more confluence look left or switch to daily or 4h timeframe to see it better. Then price broke the neckline and went back @fibs 61.8 which gives us a 2618 setup and very nice shorting...
Here on FX:EURJPY we have a very nice structure based short setup.
First of all look at the 50EMA, it is following the price like a magnet, found support @136.16 and reversed.
Here is my analyses: price is more likely to retest the highs @137.20 structure resist and make double top, so this level will be the perfect to go short, targets inside the green target...
