My analysis suggests there will be some "tectonic shifts" for AUD/USD and NZD/USD as these pairs prepare themselves for a down move which should have significant implications for AUD and NZD crosses. This why I am going to take every upside flag breakout for GBP/NZD, GBP/AUD, EUR/NZD and EUR/AUD.
Hi guys, We have a bearish bat formation on hourly chart, which is already triggered and tested PRZ half way. And also this zone is previous support/resistant structure. This one can be good trade with risk reward around 1.5 at the first target 38% FIB lvl even when you place stop loss 10 pips above the whole PRZ, you can aim for target 2 at 61% and so on. If...
Nice Flag formation happening on the 4 hr chart, fib inversion puts our 1.618 at a Daily level looking at extended targets the 1.27 of the fib extension lines up with the 618 area of the recent leg down on the higher timeframes
As i am getting ready for my live trading stream i spotted this bearish cypher @ market. So if you want to see more setups and ideas like this, or you just get bored trading by yourself. Come join me on the live stream www.youtube.com Good Luck and Good Trading
Hey Traders So this is still working on the idea that I last posted, I am going to tag it below so if you haven't seen that one, go check it out first and then come back. I'm going to break this post down by the three different trade options we have, that way it will be easy to digest. Keep in mind, the goal is to show how there are multiple ways of tackling...
Hey Traders, So I have been giving you guys a bunch of patterns and every now and then its good to show you some structure trades we take inside of Forex TV . This one is simple yet it can look a little bit indimidating to the new trader so if that's how you feel, don't worry, I will go over it right now and hopefully you will get a better understanding. The...
Hey Traders, I know its slightly late, however as I was scrolling through the charts, I remembered about this trade that I was keeping an eye on. This is a simple Trend Continuation trade for me, We are breaking structure to the downside, and now we got a pullback intro previous resistance which gives us a great RR. For this entry, we waited for a lower low lower...
This stock has been in a correction for about a year now and it looks like it is not done yet. Looking to the price history on the left we can see that we could soon hit strong support starting from $60.00 which is basically the top of a $48-60 price channel. So I would be looking to buy anywhere below $60 if we re-enter that channel (yellow box). I don't expect...
Hey Traders, Again, Not much on the charts, but taking a look, we do have some potential trading opportunities setting themselves up. Keep in mind, I will be FLAT until Wednesday as much as I would love to enter the market. After having experienced slippage first hand, I never want to put myself in the situation where I am in a position and I get slipped 50-100...
buy @~36.00 zone (red). Previous structure aligning with 61.8% fib retracement making a good case for entry. People who want to invest instead of trading can be happy for the 5%+ dividend yield.
Off that back of a recent bullish Bat we have a potential 2618 opportunity
+++Follow & Like+++It's good to be back guys :) Today I want to share with you a trading opportunity that I'm currently involved in. Last week market has put a 2618 bearish setup on 4H USDCAD, but I didn't enter it simply because it was after my active trading period and I don't trade always 2618 base of 0.618. I've entered right at previous structure shelf to...
A breakdown of Gold with potential scenarios for both the up and downside. The blue box indicates the criteria for entry with 4/5 requirements needing to be met before entry, this method cuts losses and gives a clear structured way to enter trades that can be back-tested. Good luck!
Hi traders just sharing analysis for the USD Dollar index and how to pick a great entry. Potential buy at any failed re-test of the blue line which also aligns with the RSI and historic support levels. Potential sell at the 61.8% fib level which aligns with previous resistance. The blue box indicates the criteria for entry with 4/5 requirements needing to be...