Hi Trader, There is a bearish bat pattern setting up on Pound with a D leg completion at 1.26300. See trade details below. I always know my entry and exit prices BEFORE entering a trade, consistency is king in this business, assuming you have an edge ;) Trade details: Entry: 1.26270 Stop: 1.26840 Target 1: 1.25110 Target 2: 1.24330 Have a great week of trading! Luke
When 1st target is hit, I move SL for trades 2 and 3 to BE. If 2nd target gets hit, I move trade 3 SL to 1st target.
I thing that the USDCHF can go upper because we broke the daily resistance at 0.982 and also the trend line so the chart can go until the theoretical target at 0.988 that i call first target, then it can go until the monthly resistance at 0.995 Good luck :)
PAIR: USD/JPY TTF: 15M TRADE: BAT PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
A confluence of indicators, shows me that we may be in for a reversal in trend, i have used fib levels as my targets. back down to monthly key level 0.95500.
PAIR: NZD/JPY TTF: 4HR TRADE: BAT PATTERN NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
I have been waiting patiently for the opportunity to go long on this pair. We have seen another rejection off the ascending TL and now appear to have bullish momentum. I will be entering this trade long on the close above the 61.% fibonacci and will hopefully trade up to the four targets above!
Ok guys. I am currently looking for a long on the EG. I have identified three separate resistance levels from the past that have become my current targets. If the price can break my .382 fib and first resistance of 0.8504 I will be long to 0.8565 and then 0.8623. Be careful as Draghi is speaking on Tuesday. I'm hoping that we can reach our 0.8565 target by the...
Market is targeting recent low at ~1.113 level. Previous test as seen from the chart led to a surge to the upside in only one candle, but could not hold these higher price points with the market pushing back down lower to this support level. Another significant test is the dragonfly candle seen thereafter. We will be looking to see the market break down below this...
The bearish trend is still on. This implies that USD/JPY will go down and break the support area. Short position opportunity !! The support area is showed by the black trend line.
I really like the looks of this setup. This is exactly the type of entry I like to see. A strong move into my entry with very little basing. The cleaner the move into entry, the easier time price will have of leaving the area. The only downside to this setup is that price tested the level already. I prefer fresh areas, however, since the test does not exceed 25%...
USD/JPY has reached the montly support area at 100.60 You can buy at 100.0, and wait for the 1st target at 101.271, and the second one at 102.635. The bullish trend will be on in a few days. RSI oversold - buy opp
Potential Bat Pattern forming on the daily chart around extreme long term lows. Gray box represents the potential reversal zone beginning with D point bat completion and ending around the AB 1.618 extension near the structure low. Be patient and wait for bullish price action on the lower time frames.
Dear traders, get ready for the long run. As we see on the FX:EURUSD 4H chart we have a very nice long opportunity. 1. Look at the channel where price has tested the edges four times and the fifth point is going to be the entry level. 2. Green support zone @1.0992: We have three retest at this level, some noise as well at the "X" point of Gartley pattern,...
- Simple setup and Entry - Market printing clear LH and LL's - Market stalled at 76. retraced back to 78. Making a new LL and LH - We have a short term preceding trend to the upside - We are going to use this preceding trend as a short term reversal for a long term trend - As some like to call it a correction in a downtrend - Entry at the low of the indecision...
1 Hour Advanced pattern, Short @ 0.71321 Targets @ 38% retest, further targets... looking to retest previous structure low
Today was a tricky day during inventory news. I was short going into the news with profit, and thought that the news would blast through the 50% fib level. Stop placement was too far away and took a big hit. Its a lot easier to be an analyst than be a trader during the live markets. As you can see, oil traders like using the magic number 3 at key levels. My...