It's a Saturday night, market are closed and I've had an absolute stormer of a week. Now it just keeps getting better, we have XAG/USD on a 1h chart with yet another 5-0 pattern but this time it is bearish. I'm absolutely loving the look of this, if we can complete our D leg I'll be going short.
The measurements for a valid 5-0 pattern are detailed below.
B:...
Wow this is huge, we have XAU/USD on a 4h chart with a picture perfect bullish cypher pattern but this time we're doing things differently, we'll be looking to sell-off from C to D.
The measurements for a valid cypher pattern are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
Final X to D: 0.786
Price is currently trading within a rising wedge, approaching...
Make sure to keep this one on your watch list, here we have AUD/JPY on a 1h chart with a bearish crab.
As you can see we have been trading within a range since the Brexit, creating multiple layers of support and resistance. Price is now heading towards our trendline for the third time, I'll be looking for a break with price moving straight towards our D point...
I've not posted on here for almost two months since taking the time out to develop core material for my trading course but I'm back with a huge setup!
We're looking at a potential bearish butterfly on a 4h chart for USD/CAD. Make sure to keep this one on your watchlist, we'll be watching this heavily going into next week.
I'll be expecting price to stall out...
Today we have one for the trend traders on a Daily chart with AUD/NZD.
Straight away you can see price has been trading within a range since early 2015, we are now testing our trendline below the 200 EMA. Will we keep pushing lower towards 1.05000 or bounce?
I'll be going into the lower time-frames for additional analysis, there is a lot of picture perfect...
Today we have one for the swing traders on a Daily chart with EUR/USD.
Tonight we have the FOMC meeting which has the two possible outcomes, no increase which would result in a rally upwards breaking resistance or an increased rate followed by possibly a new lower low.
Straight away you can see price has been stuck in consolidation since the beginning of 2015....
This is insane, to round off my 50th idea on TradingView I'm sharing what could possibly be one of my biggest trades of 2016. Here we have XAG/USD on a Daily chart with a picture perfect bullish 5-0, this is an excellent short/long opportunity!
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
As you can see...
I'm getting ready for the week ahead, make sure to keep this on your watch list! Here we have GBP/USD on a Daily chart with an excellent buying opportunity.
As you can see we have been trading within a range since early 2015, creating multiple layers of critical support and resistance. We are now retesting a Daily resistance level for the third time in just over...
Wow this is huge, we have USD/JPY on a 4h chart with a picture perfect bearish bat pattern. We've got a lot of analysis to cover in this post so please read it all!
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
We have recently broken out of a trading range which is shown...
Today we have one for the position traders on a Weekly chart with AUD/USD.
Straight away you can see price is trading within a range, creating several layers of support and resistance along the way. We are currently trading below the 200 EMA which I consider a major confirmation for a trend continuation, if we start trading above it my bias will change.
There...
Here we have an extended bearish bat pattern, this time we are looking at GBP/JPY on a 4h chart with a this perfect shorting opportunity.
The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886
As you can see our pair is approaching a major turning point in the market, I would like...
Today we are looking at XAU/USD on a 4h chart with a review on my previous idea posted 11 days ago, this can be viewed in the related section below.
My original analysis predicted a shorting opportunity all the way down to the 1200.00 level, once price hit 1224.50 it quickly reversed in the opposite direction. I'm now reviewing this chart with an opinion on going...
Once again we are looking at USOIL on a Daily chart with a potential shorting opportunity. I'm loving the look of this, you can see we have tested a major turning point in the market which has provided us with our future price direction.
We can clearly see that whenever price gets relatively close to our 200 EMA it changes direction very quickly, I can see price...
Here we are looking at AUD/USD again but this time on a 2h chart with an extended harmonic pattern, this is a perfect shorting opportunity. Previously I posted an extended pattern for this pair which was highly profitable, this can be found in the related ideas section below.
We are currently trading within a range which has formed a valid AB=CD pattern, in...
Today we have one for the trend traders on a Daily chart with USD/CAD.
Straight away you can see price has created several levels of support and resistance, key pivot points in the market. We are currently trading below the 200 EMA which I consider a major confirmation for a trend reversal, if we start trading above it this setup would be considered...
This is huge, we have AUD/USD on a Daily chart with an extended harmonic pattern, we experienced a really similar situation nearly 2 weeks with AUD/JPY which is shown below.
We are approaching the oversold region on the 1h and 4h chart for RSI, I'll be expecting price to hit resistance then stall out in our zone followed by a sharp move to the downside.
Tonight we have USOIL on a 4h chart with a head and shoulders pattern. We are currently trading below the 200 EMA on the Daily chart, if we close above this I would consider the trade invalid.
I'm looking to short this all the way down from the right shoulder, waiting for confirmation! This is additional analysis supporting my long term prediction which was...
Today we have one for the trend traders on a Weekly chart with DXY.
Straight away you can see price has been stuck in consolidation since the beginning of 2015. We are now trading above a very important pivot support, a break below this level will potentially drive the price down towards our 200 EMA.
If you have any additional analysis on the shorter time...
