OMG! I was doing a qualifying call, and I might have missed the trade! And this is why I don't usually trade off the 15-minutes chart. From my experience, this trade is gone, but a retest on 128.98 happens; it is a great second-chance entry. 2 Economic Data to take note On 18Jan23(GMT+8) Tentative(usually before 3pm) JPY - BOJ Outlook Report JPY - Monetary...
A Potential Bullish Flag Pattern is what I'm expecting on the NZDUSD pattern setup. I'm waiting for a retest at 0.6342, which gives me a buying opportunity on the lower timeframe using a Type2 Bullish Gartley Pattern.
If you are looking for a Bearish Trading Opportunity, a Bearish 5-0 Pattern gives us a trading opportunity to do so. What's not so nice about this trading setup, is that the RSI is not at the overbought position.
Probably "the most important" Bullish Shark Pattern of the week. I'm waiting for the market to fulfil the Shark Pattern at 0.5583; for that to happen, a 3-bar reversal has to be seen. What is more important than the Shark Pattern is the fulfilment of the 5-0 Pattern. The market shouldn't break and close beyond the red box that marks 5-0 Pattern, and when that...
Are you amazed how the market paused and reversed at the dotted line I've drawn? Trading isn't hard, you just have to find the right mentor to guide you and achieve the common goal, to profit from the market. Check out the link at the bottom and witness how the market pause and reverses at the dotted line.
A potential head and shoulders setup that could provide more than just the regular target taking. I'm waiting patiently for the market to dive another 20pips more, and I will observe how the market interacts on the dotted line.
A Bearish Gartley Pattern completing at 137.00 within the sell zone on the EURJPY 1hourly chart. In this intra-day timeframe, it may offer more profit opportunities than you think it could. Be patient, and once you have the candlestick pattern confirmation, like the 3-bar pattern, you decide if this trade is for you.
In this week's Weekly Market Analysis, we are looking at EURUSD intra-day timeframe. There is a Deep Bearish Gartley Pattern that is complete at X at 1.0246. Candlestick Pattern confirmation is a requirement before engage the trade.
On the daily chart, the NZDUSD has hit its Key Resistance Level; it does have an opportunity for trend traders to jump onto the trade. On the 4-hourly chart, Point C of the potential Bullish Shark Pattern has a 3-bar reversal formation compared to Point A, and there's an RSI Divergence too. Point C candle didn't break and close above Point A; the above...
A Bullish Butterfly setup on the intra day timeframe which is great for intra day trader and CounterTrend trader to consider to engage on this Butterfly Pattern.
Head and Shoulders, is my favourite classic trading setup that I never treat lightly. This setup has an RSI Divergence which is a setup that I fancy, what's left will be a candlestick pattern confirmation before engaging in this trade and I could even ride my profit to the Bearish Shark Pattern completion using my upsize trade management.
If you had followed my Weekly Market Analysis closely, you would be aware that last week I've said that the market is going to retrace from the high to 1.2475 and for those who had entered the counter-trend trade of the ABCD Pattern at the HOP level , 1.2186 not to panic. What you can do is shift stops to entry and observe if the level at 1.2475 holds on the...
A Potential Bullish Flag pattern may form up and I'm going to wait and observe if the market retest 0.6367, this gives me a chance to engage the Flag Pattern Trade on the 1hourly chart(current timeframe). If you are a trained Harmonic Patterns trader, you should be able to spot the Bearish Bat Pattern at the 4-hourly chart that is complete its Bat Pattern at 0.6523.