GBP/CHF I took this trade a couple of hours ago and I really thought that I posted it, but well, here it is. You can still get into this trade right now if you are ok with the risk:reward ratio and if not, just wait for a pullback on the 15m chart to get in and you can also use a tighter SL, just bellow the 1.2955. We can see there is some fibonacci confluence...
EUR/USD This pair recently broke its structure and is re-testing the previous support. The red box shows the area where is fibonacci confluence and it matches the previous support that is now to become resistance. The RSI also gives us another confirmation about where the price is looking to go on the mid-term. Personally I am waiting for a bearish signal to...
I took this Double Bottom at market price. I got in late I am relying on retracement to structural levels. Usually when there is a double touch of structure, it indicates that it may be strong in that area. RSI shows overbought conditions but not enough divergence. Let's see what unfolds.
Sell Opportunity at Supply Area. Look for confirmation of Rejection. Sl a few pips above Supply zone. Min R:R is 1:2.5.
Price approaching demand area. Lets watch how the price reacts there before confirmation of entry. It's not a bad idea entering on the pullback after price had entered the demand area to lessen our SL. Min TP, R:R is 1:2 depending on your entry.
Sell at Supply Zone in the blue box. SL above the head of the head & shoulder pattern. Min R:R is 1:3.
Watch how price reacts at the Supply Zone. Enter with confirmation of Candlestick Reversal Pattern. SL a few pips above Supply Zone. Min R&R 1:4
Potential buy at the demand area. Min R:R is 1:4. Look for Candlestick Reversal Pattern.
Hi guy's those who saw my latest video know that we analyzed it to the pip. Check my follow up and enjoy the profit. I always use my name, my company is also my name so easy to find. Have a nice trading week and safe trades!
TEVA broke another monthly support zone during October. Next monthly support zone is near 13$ Where will TEVA's slide end?
Lookign at EURUSD we can see that price is moving lower. I am currently waiting for a rally then a L3C for a short entry to potentially take advantage of not only the 10:1 RR but a potential move of 125 pips lower. You will have to move up to the 1 hour and maybe the 4hr to see the structure level that was violated here on the 15m. Will we get down there to...
Last Demand area for a buy setup. If demand area is broken, i will look to only sell. Entry in Demand area (better with Candlestick Reversal Pattern).
With price putting in a higher high higher close on the daily chart. My overall bias is bullish. Down on the hourly chart price has been trading nice and tight to the high side. I am looking for price to breakout to the high side. My initial target is about half way to target 2 that comes into structure. I have a 7:1R for T1 & a 13:1R for T2. let's see if I can...
Potential bat pattern identified on the 4 hour time frame on the NZD/USD. With completion at the 0.886 retracement and 1.618 extension of the X-A move and C-D move respectively. The completion point also falls on a major support level from the higher time frame; and we can also see some RSI divergence occurring in comparison to the latest market lows. Target is...
Completion of pattern is at 88.6% Targets are 38.2 and 61.8 Stops above X