Bearish Gartley pattern Sell the Harmonic pattern. Good Luck!
Target 1 hit - channel break measured move Target 2 - next key price level Target 3 - measured move from previous range break - coincides with 0.236 fibonacci retracement Wait for break below 0.382 - supported on lower time frames Supported fundamental analysis - rising dollar
Usdjpy entered potential reversal zone at around 114 to 114.60. looking to past data we suspect a reversal towards 112.25 or 61.8% of fibs at 112.80
I just shorted AUDUSD. Why? becaue; Price is showing wickness on a strong resistance level. The fact that this resistance level influence price almost everytime encourage me to short without waiting for any other confirmation signal. Meanwhile, I placed my SL too far for the price to hace enough space to breathe. It might be a bad idea to go short if we look at...
Reversing from 23.6% Fibonacci Levels and a Perfect bearish engulfing pattern on the top :) GOOD LUCK trade will take 2 or 3 weeks
A very strong sell signal from AUD HUF. www.investingcopilot.com Highly reccomend trading this for the duration of next week. Looking like a winner. Get all the latest updates at www.facebook.com or plus.google.com
Reasons for - Clearly price is putting in lower lows and lower highs (Clear Downtrend) - Price broke key level at 120.00 A week back so we maybe heading to next key level ? - Price has put 3 touch on short term 4 Hour trend line - Price put in doji the a bearish engulfing and clearly bearish candle then another bull green candle then another gearish engulfing ...
I personally have been short on this pair since December :) Okay some may see this as a crazy setup but i believe US30 setup will fall to around 7000 in the next year or so There are many reasons for this setup Fundamentals and technicals FUNDAMENTALS - jubilee year ? - shemitah Year ? - every 8 years a financial crisis - FED raising rates to...
The USDJPY has now completed a bearish gartley, however, also note that we have a cypher pattern that will complete right above our stop loss but the fact that our RSI has gone overbought, I do believe we will see a retracement, whether that will be enough to hit our target remains to be seen but either way its a valid short.
This pair is continuing to show bearish signs by making new lows and we now have a nice trend continuation trade setting up. If get a rally back in to 1.5070-1.5100, It will be a good place to short. The area also happens to be the 61.8 retracement of the recent downward move and I'll also like to see overbought conditions on my RSI before I take this trade. So...
This is not a currency pair that I trade in my portfolio but I came across this nice trade-set up as I was doing my weekend analysis. The market has come into a previous structure support now turned resistance but the RSI is not showing overbought conditions yet so there is chance that this market could go all the way up and in the process completing the cypher...
This time, I am not showing you a trading plan. But I want instead ask a question to all of you that are following my profile. By Arrows I marked on charts some supply levels for potential sell trades. - Where would you risk SELL TRADES in this Trading Scenario and with which Risk Margin? Thank You girolamoaloe.com
Buy Opportunity in the deep of the demand. The level is not fresh but anyway, accepting the risk, there is the possibility to get a good buy trade that anticipate a more profitable sell trade to take later according with the trading plan. I marked on chart potential buy and sell trades to get advantage from a potential swing. Following the trading plan, I expect...
USDCAD is converging to a fresh supply level after years. I take in consideration the possibility to sell in that level, in the convercenge, if it will be possible. SIGN UP to my Website Newsletter. DO IT NOW! - girolamoaloe.com One important thing to take in consideration is that the trend is bullish for the long term and the USDCAD chart is overextended,...
GBPAUD shows a bearish triangle pattern. I closed my buy trade with 364 pips of profit. Now I have a sell trade since 2.20 (opened at 2.1998). Following the Trading Plan the idea is that the price could drop for the next days, taking out the tested demand level, going to the lower fresh demand. SIGN UP to my Website Newsletter. DO IT NOW! -...