I had targets filled here on EURNZD after placing a trade earlier last week using a trend continuation strategy that i teach on my youtube channel. In this strategy i sell the .786 retracement after a break and close below structure when the market is in a down trend. As you can see on the chart that sets us up with a really good risk to reward and we are trading...
AUDUSD is nearing the PRZ of a bearish shark in a S/R zone that is confluent with the a bearish Wolfe Wave setup. 200 EMA and SMA may add resistance in this area. To add to bearish bias, this pair has been in a strong downtrend and this would give us an opportunity to ride it down to the .886 fib if price should reach the PRZ. Entry is placed at the shark...
Well its been no surprise that CL has been in a bear trend for quite some time. We will continue to keep selling the rallies. I just missed my fill on this trade. Maybe it will come back up for me.. We will see. The TCT was based on the 78.6% fib retracement and Fib Inversion Trade which completes at the 1.618% ext. The pullback also put in a harmonic move (not...
The S&P 500 has been in a Bear Trend on the 1hr since Dec 2. We will continue with that theme and sell rallies. This is at market Sell on the S&P. Stops above the last swing high and Targets are down at the lows and 1.27 Fib Ext (all shown on the chart). Entry was a rally into the 78.6% Fib Retracement, 1.618%Fib Inversion, and a complex pullback in the form of a...
Syndicate members you have a video on this setup coming soon, but what I'm looking at here on the GBPJPY are trading opportunities for those who want to get either long or short. The Long opportunity would be a potential 2618 trade if price action were to reverse and retrace back into the double bottom that we established last week and the Short opportunity would...
EURJPY has recently broken structure to the downside. This is signaling that it's ready to start it's downtrend. I'm looking to sell this rally once price reaches my "entry zone". Entry - I will go down on a smaller time frame and look for some sort of reversal pattern or candlestick for my entry. No matter where you enter in the zone you will get at least a 1...
Chance to jump onto bearish CAD wave to ride the trend up, up up!
Hello Traders, doing my weekend market analysis before market open I've found a nice potential bearish bat pattern on the 4h chart which perfectly lines up with the 1.618% Fibonacci inversion. Stops and Targets as shown. -Have a great last trading week before christmas. Felix
A few days ago I shared an idea looking at the USDCAD predicting that price action has an opportunity to go as far as $1.40 before hitting any significant resistance. On that post I was looking at 2 levels, a main potential reversal zone and a smaller potential reversal zone in which I had an aggressive reason for entry. Well, price action just missed my entry...
USDCAD has completed a bullish Gartley pattern in in a significant area of support. The Gartley PRZ is confluent with previous wave four support, making it possible to catch fifth wave movement to the completion of the impulse. On the longer term, I am bearish on this pair as multiple D1 bearish patterns are emerging. Near-term, this TCT has a R/R of 4.4 and...
Looking at a potential trend continuation opportunity here on the GBPAUD as the market puts in a complex pullback into previous structure resistance. As we talked about in last night's video, complex pullbacks offer safer entries into TCT opportunities on both the psychological and risk/reward side of things. As mentioned in last night's video there are...
Hello traders! We have a very good shorting opportunity on #GBPAUD. As we see the market is in a bearish trend and it is a good moment to go short at the structure level around @2.0953. There is a confluence of fibs and bearish divergence. I see this level is very strong and it will be hard to break up. If the momentum will slow down, and I think it does, we...
The GBPAUD is a good trend continuation opportunity as we can see two previous support levels which should now become resistance. Price action completes it's retracement back up to structure with an ABCD pattern along with a 127.2 Fibonacci extension up at that same level. A more conservative entry will be to wait and see if the market gives us a double top or a...
A lot on my radar today guys, but this is the only only non-advanced pattern opportunity that I'm watching. I'm looking for a chance to get short on the GBPUSD as price action comes back to retest previous structure support. We also have some hidden divergence which was created during the pullback which we can also use when building our case for entries. Also...
I draw the two trendline of USDCHF 4H uptrend channel. Wait for the completion of 1H Bullish bat. Set Entry 1.0249 SL 1.0210 TP 1.0294 Good luck!
just look at this risk to reward! taking trades like this you're eliminating a 7-losers effect with a single trike))
We recently saw a new structure low on EURUSD. The X Point was therefore a fake breakout. We are now looking for a Cypher completion at 1.0784's which perfectly lines up with fibonacci inversion and strc. Good trading. -Felix