Hi guys, this is one of the simplest setup that i trade. You can see price's created a new structure low, and now it is back to retest previous resistance that once broken could become support. After multiple red candles it's now formed a green candle right at that important level. We can try a lonog, with stops just below the low, target1 at .618 of the previoous...
Hi guys, this is one of the simplest setup that i trade. You can see price's created a new structure low, and now it is back to retest previous resistance that once broken could become support. After multiple red candles it's now formed a green candle right at that important level. We can try a lonog, with stops just below the low, target1 at .618 of the previoous...
RSI looks in good shape for another leg up in LTCBTC. If Bitcoin continues its decline, then we can see some good gains on this pair. It reached bottom of channel yesterday, and has bounced off here too, similar RSI pattern indicates elevation. Overlaying the ichimoku cloud also indicates a breakout on the 6h. Careful with any reverse with Bitcoin as could...
eurcad is giving me some problems.. this is my new forecast of what can happen. you can compare it with my previous one. watch my page and write your opinion about it :) have a nice trading
The JPY pairs have been great for us in April (and there goes the Jinx) and after allowing for some relief I'm now looking for areas to hop back on the short side. The EURJPY is currently approaching a Killzone & has recently gone from an over sold to over bought swing. I'll be paying close attention to price action & looking for a potential move down to the...
Hi guys, this is the hourly chart on USDCHF. I'm interested in buying this cross and i'll briefly explain why: first of all, price is testing a key structure level that proved to be strong in the recent past. Then at this level also happens to be the completion point of an AB=CD pattern. In the 4H timeframe RSI is in oversold condition (additional clue). Here you...
Hi guys, this is the hourly chart on USDCHF. I'm interested in buying this cross and i'll briefly explain why: first of all, price is testing a key structure level that proved to be strong in the recent past. Then at this level also happens to be the completion point of an AB=CD pattern. In the 4H timeframe RSI is in oversold condition (additional clue). Here you...
Hey guys, i've been looking for this setup to complete for a very long time, now price has finally finished the AB=CD patterns i was paying attention to. The reason why i was so interested in these pattern is because their completion point line up pretty well with a daily and weekly structure looking left. Besides, also the 382 retracement of the bigger impulse...
Hey guys, i've been looking for this setup to complete for a very long time, now price has finally finished the AB=CD patterns i was paying attention to. The reason why i was so interested in these pattern is because their completion point line up pretty well with a daily and weekly structure looking left. Besides, also the 382 retracement of the bigger impulse...
AUD/USD hit the major suppor and is ready to turn. The currency pair is oversold. TP 1: FIB 0.236 (0.75488) TP 2: FIB 0.382 (0.75864) SL: 0.74550 It could take up to 4 days to reach the tp's. dont be afraid to hold overnight.
Hi guys, i've been watching this pair for quite a while, price has finally reached the daily structure i wanted to. Here we have two harmonic patterns already completed (Bat and Gartley) and price has formed a nice double bottom with RSI divergence. The first way you can trade it is by buying right now, with stops below the lows and targets at a minimum 1,25:1...
Hi guys, i've been watching this pair for quite a while, price has finally reached the daily structure i wanted to. Here we have two harmonic patterns already completed (Bat and Gartley) and price has formed a nice double bottom with RSI divergence. The first way you can trade it is by buying right now, with stops below the lows and targets at a minimum 1,25:1...
Hi guys, i wanted to share with you this simple structure play. If you zoom out or if you give a look at the daily chart, you'll see that we are now testing a key structure zone on the daily. Therefore i use to lower a timeframe in order to catch an inversion with nice risk to reward ratio. This level also lines up pretty well with the 618 retracement and the...
Hi guys, i wanted to share with you this simple structure play. If you zoom out or if you give a look at the daily chart, you'll see that we are now testing a key structure zone on the daily. Therefore i use to lower a timeframe in order to catch an inversion with nice risk to reward ratio. This level also lines up pretty well with the 618 retracement and the...
Hi guys, with a new week ahead i want to share with you this interesting situation on AUDCAD. On the daily chart we are now testing a key structure level: as we approach that level i go on lower timeframes in order to catch an additional confirmation of the upward reaction move. As you can see on the chart i found different clues supporting my view. At first,...
Hi guys, today i want to share with you this simple consolidation pattern called triangle: it basically consists on one trendline and one horizontal structure level converging at the same level. Price is making lower highs and equal lows. As you can see on the chart above though, price has actually broken to the upside this trendline, also breaking the double...
ENTER 82.75 STOP 80.76 TARGET 102.21
waiting for a confirmation possibly a few more sideway moves will see MACD converging shortly.