The yen pairs are gaining strength and USD/JPY broke to the downside, wait for flag to validate the sell setup before you jump in. This trade has a very good risk reward if you have a tested strategy. **This is my personal view, not a trade call. If you have any questions please comment or pm me and I will be happy to answer.
Hi guys, As simple as this. We have broken the Daily corrective structure, the two orange levels drawn are the main supports of the structure. Since market has broken this lows, downtren is confirmed. Looking for a consolidation right below the sell set up structure and go short. Carlos
Price was rejected from 7000 line. On daily chart (A) is also Right Shoulder of possible Head and Shoulder. On 1H chart price is forming some pattern, there is also good chance for sell. So far looking good. Wait for FED decision to enter a trade
Hey Traders! Here's a chance to make a good profit in the next 48 Hours. Specting a brake of the triangle, sell the brakeout and you can target a good ammount of pips! Carlos
Hi Guys! In the Palm Traders team we are looking for a big sell in USDCAD due to this Primary Cycle. We are going down from where we think it's the ending of a primary corrective structure (ABC). We had a reversal and now a flag consolidation, so we will be paying attention to smaller timeframes to enter a short position and get a few hundred pips! Carlos
Hi Guys, Here we have a perfect Elliott Motive Wave in which we founf a Fifth Wave Extension, considered as an Ending Diagonal. The extension is broken and has formed a flag, so time to sell!! Carlos
2 sell opportunities: 1° Sell Order: Entry: 47.95 TP: 35.44 SL: 55.06 2° Sell Order: Entry: 51.39 TP: 43.01 SL: 55.06
- A Perfect Shark pattern has been completed and validated @ 145.185 and we have a good sell opportunity here. - But consider for the very very strong resistance level @ 143.230 we have to wait the pair to break it and retest it. - if the pair fail to go upward from this level after retest this resistance level @143.230 .. i will sell it for long position - So...
Hi guys. From the oil news, it effects to the USDCAD For the sell setup. A-B-C pattern and now it is the wave C (TP first meet at 100%), next is 161.8% at 1.3200 Aware: NFP tomorrow. Whatever, i will close before the news.
Do not sell it right now. Wait for a correction and sell it. Follow us for more trading ideas. Thank you.
A bearish setup is forming on the USDCAD. Let it prove it wants to go down with price action and confirming indicators.
Hedge Opportunity! Set a long: Entry: 3.8369 TP: 3.9113 SL: 3.7799 Set a Shot: Entry: 3.8369 TP: 3.7486 SL: 3.8877
A sell setup is developing on the NZDCAD but we need a nice break with confirming indicators to get involved.
1) BROKEN A DESCENDING TRIANGLE 2) BREAKING A MINOR SUPPORT 3) ON A HOURLY PULL BACK FROM RESISTANCE & MORE... EXPECTING PRICE TO BREAK AND OPEN BELOW 1.1237.8 BEFORE WE CAN GO FOR A QUICK SHORT. LIKE SHARE AND LEAVE YOUR COMMENTS BELOW.