On FX:EURUSD , the market is going upward on 1H bars. It makes Higher Highs and Higher Lows, which is an indication of bullish trend. The price are close to previous Higher Low and the impulsive leg is expected. There is a support level at 1.1165. It was acted as resistance and then after broke out, became support. The price respected that level few times and it...
I'm looking at a potential trend continuations trading opportunity for the next week, here on GBPUSD 15M. I'm looking for the price action to go lower in to potential kill zone - I've narrowed it down with harmonic move and fibs, that aligned right at structure. Whatever method you choose for targets you will get nice r/r - - stops below structure and targets...
The Gartley pattern has been completed at the structure level and will be good opportunity to short the pair.
Couple of days and a bearish Bat Pattern should be complete. TP at 38,2% Fibo confirmed by some previous structures. SL little above X. R/R 1/2 + high probability for profit makes this trade a good one.
EURUSD has created a Double Top with RSI divergence. You can decide to wait and see if a 2618 setup will be formed. SETUP -------------- Entry short @ 1.2730 Stop Loss @ 1.1315 Take Profit @1.1167
XAUUSD 4 HOUR TIME FRAME - Price at resistance in a descending channel - Previous resistance - Head and shoulders pattern - 2:1 risk/reward ratio - Stop loss above previous structure - 0.618 Fibonacci retracement
I've explained this trade in detail during my latest Weekend Review video (link below), so i'll try to be brief. Like everyone else, I want to buy Dollars & Sell Euros based off of the fundamentals. With that being said it's important that we don't try and jump on the bandwagon because that's how a lot of rookie traders get burnt. Rather, we should stick to what...
TRADE IDEA VIDEO Can be viewed @ starprosper.com This trade idea is based on the fundamental news and is not to be taken on a literal sense. This is my trade that I'm willing to take based on Technical analysis and what's happening within the economy and sentiment. To view my entire trades, please view the latest video @ starprosper.com I post trading videos...
#EURUSD Multiple Ideas (Structure, 200sma, 50sma Fibonacci)
VIDEO: www.youtube.com Hello traders, I'm looking at a long opportunity here on the NZD/USD 4 hour time frame. Stops are below the swing low and targets are at previous structure. Please watch the video above for how I analyse certain trades in the market. Star Prosper Philip Stewart
After a successful double top trade on the CAD/JPY, I'm looking for a short structure trend continuation trade and have been filled at the 618% retracement. Keeping an eye on this as it might be a great opportunity to look for extended targets. Star Prosper Philip Stewart
VIDEO: www.youtube.com Hello and good morning traders, Phil with you again today. Let's take a look at the video above and go over some trades we're currently holding together and what's to come in the next few days. Star Prosper Philip Stewart
#GBPCAD Opportunities (Fibonacci, Structure)
VIDEO: www.youtube.com Hello and good morning traders, we've had quite a good month last month, let's make this one an even better one! Please view the above video for the trades that are currently on my radar for today and this week. Star Prosper Philip Stewart
Good morning traders, Today I'm looking at the GBP/JPY on the 4 hour time frame and have analysed a nice opportunity to short the market. We have 2 Fib extensions at previous structure levels, giving us a nice PRZ. My targets are at the next 127% at previous resistance becomes new support. Stops and Targets are in place, let's keep an eye on this trade...
VIDEO: www.youtube.com Hello traders, Looking for an aggressive structure trade into a potential cypher pattern on the EUR/GBP pair. I've added more trades into the daily video above, please enjoy. Star Prosper Philip Stewart
CADJPY recently broke through resistance @ the 96.80s, a level that was tested multiple times as recent as Friday.I'm hoping we see one more test before resuming to the upside. BUY @ 96.80s SELL @ 98.40s STOPs below the next level of resistance @ 96.40s