Short-term
EURJPY Short 4 hourWe have a Bat pattern and price is coming into the Daily Structure zone.
Looking for a conservative entry such as a Double Top to get involved in a SHORT.
Then using looking at the Bat Patterns Targets for exit.
I would shoot for T2 at support instead of the conventional 0.618 Bat target.
Stops a little above 1.13
UK100 Long Trade SetupHello Traders
My forecast is one more upside for the completion of the B wave. That's why I want to take a long trade in order to hedge it at 0.786 retracements of the A wave. I'm waiting for a correction over the trendline to place a pending order. I'll put SL under the trendline.
Trade with care.
Bulent
#bcd $BCD 29 july halving td sequential buy signal 29 july halving
td sequential buy signal and stock-rsi is just starting.
BUY THE MOON SOON
GBPNZD Long Trade SetupHello Traders
After a drop for about 2000 pips without a decent correction, I think it's time for a bigger correction. The last low can be the end of the drop and what we have after that can be a reversal structure. I'm waiting for a trade setup to place a pending order. I plan to move SL to BE when the last top is broken since there is a chance for another downward impulse under the blue trendline. I don't target any specific level. When I see the end of the next impulse, I'll book my profit.
Trade with care.
Bulent
EURUSD - Long (Impulse - Correction - Impulse)If the market was to retrace to the the green highlighted area, we would have a high probability opportunity to take a long position. We would, at that level have the confluence of the support structure, the Fibonacci taken on the impulse and if we were to get a confirmation to go long with a bullish candlestick pattern.
#oax long short termThere is BOWL Formation target is 30%.
BOWL Formation Cup can also turn to Handle Formation.
Stochastic RSI broke up.
TP: 30%
SHORT TERM
XCUUSD Long Trade SetupHello Traders
If the current structure is the 4th wave, a running flat should be in the making over the blue trendline and the last top was probably the end of the B wave. What we have after that should be a reversal structure. I'm actually in the trade, but a lower degree reversal pattern after the expanding flat will be a good trade setup for those who want to take a short trade.
Trade with care.
Bulent
Short setup for DAX30 Hello Traders !!! Hope you are doing good.
I've been actively trading for 8 years now and in all my experience I have never seen the market being so out of place so this is why my favorite action now a days is to wait for the best moment to get in the market. I recommend using lower exposures.
DAX as I see it is under a key area that has been resistance turned into support and now is resistance again. So i will monitor the price action inside this area and what i will do is to sell DAX from inside those levels with a target of 12250 but this is only if resistance holds in place. If it breaks above that, i will not buy. I will wait for the price to move higher and cover the gap at 13500 and from there open a sell with target back down to the area mentioned on the chart @ 13000.
Patience is the key in today's market.
Please share your ideas and your thoughts in the comments so we can grow together. Best of luck