The $USDCAD or The "Loonie" as it's called has been just that for me this year... Loonie. Due to the vast differences in overall trend direction based on what timeframe you're looking at, I've had a very difficult time getting a read on this pair & making any type of longer-term projection,
With that being said I do have a shorter-term projection on my radar &...
I haven't had a lot of interest in the $EURUSD higher timeframes this year mainly because we've been dealing with an extended period of consolidation. In fact, all 3 of my trading opportunities have been pattern trades or short-term day trades on the hourly timeframe and lower.
Until we break out of our range & I get a clear idea of which way i believe the...
aud usd trading pair is standing on significant structure support level 0.70
I anticipate a pullback to higher levels of structure.
On focus:
Resistance 1 - 0.706
Resistance 2 - 0.71
Classic Gartley 222 pattern is about to complete.
Market is at a well respected level of structure in the past.
Short SELL Opportunity at pattern completion.
Reward/Risk = 2.45
Very similar pullback on BTC. Long call with red zone entry level (If you want to time it) or the start of it.
The top of the green zone is where I am to take profit.
Hey Traders,
On the EUR/USD 4HR time frame we have a lower low lower close, since then price action rallied into resistance which was once support providing us with a double top, first test RSI was extremely overbought as I have my settings at 80/20, conventional is at 70/30. On the second test, we have bearish divergence.
We can get involved in two ways:
1....
hey guys,
one more example on how we can apply a combination of multiple timeframes for market analysis and trading.
on a daily timeframe we see that the market is very close to a decent level of structure,
and continues bearish movement in a small parallel channel.
on a 4h chart...
Nice market structure set-up appearing today, no entry signs of yet.
Will wait for bullish price action signs for confirmations and then will proceed into this trade!
Nice 100 pip trade.
Hey tradomaniacs,
welcome to another signal!
Type: Swingtrade
Buy-Stop: 1.69952
Stop-Loss: 1.68937
Target 1: 1.71
Target 2: 1.715
Targt 3: 1.725 - 1.7276
Peace and good trades
Irasor
Leave a like and a comment - I appreciate every support! :-)
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
WE have a beautiful stall around the 150.00 - 147.00 area and that to me means
Price is making a decision as to where She wants to head to next, Adding up all confluences
to including Harmonic Pattern, Supply and Demand, Market Structure and a Form of Harmonic Elliot Wave
theory.
With an ascending triangle Violated, I strongly suggest to wait till Sunday Monday...
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
