A sell opportunity is coming. Overall outlook is still bullish. So I would not sell with a big position and if target 2 is reached. I will up my lot size for a buying. Check my previous post.
ABCD completion indicate good potential for a retracement followed by a sell continuation. Check my previous post.
Looks like a shorting opportunity is happening soon. Probably during Trump speech tonight. I am already in the trade at .7235 and .7190
UJ failed to make new lows indicating a retest of January highs is possible. I will be looking for a long opportunity for this pair. If you check my previous posts on UJ, I have been looking for Long opportunity for the bigger time frame. Trade with care! :D
If you followed my previous 2 post of USDCAD, you would see I was looking for long opportunity for this pair. Most recent post suggest a short term sell bat, but at the momentum it was moving, the likelihood of it playing out was very low. So I closed out and bought this pair as it reversed up. Now I am expecting this pair to slow down. But anything can happen...
There is an inverted head and shoulder on the shorter time frame. The pair has failed to make new lows after a crazy start to the year. This indicate to me that USDCAD will continue its way back up. Wait for the neckline break to buy on a retest. The retest will make the BC leg for a bat pattern forming for a short opportunity. Target 2 on the Bearish bat will...
There is a clear inverted HNS forming on the bigger timeframe. The market is really just consolidating right now for 2017 until there are more economic news release that will determine where the market will be heading. March will be a big month that will either bring this pair up or down. However, on the technical level I will be following the HNS pattern with...
Gold is about to finish an ABCD Pattern and reaching the Downtrend trendline right on the 1618 fibs ext with a confluence of the 61.8. We can see a retest of the low before a big move up.
These are the ways I will enter long for GJ. Check my previous GJ idea to see overall target.
This is what I see on my radar. The GBPUSD is also projected to go up. When GJ goes up here it will complete a harmonic pattern and be in a good sell zone. But this move up will be fast.
Eurusd is moving like how I am expecting it. If you look at my previous post on the Eurusd where I was looking to short. Eurusd is forming a HNS on the daily tf. But it has to go back up and break the 1.08300 resistance level in order for the HNS to be real.
Simple trade. EURNZD has been looking to go higher. It formed a bullish harmonic pattern. I would buy and hold this. Trail your stops as new structure are formed. This pair is getting ready to launch north.
I am expecting USDJPY to retest the high. But these 3 trade setups are separate trades; they are not one single trade. The smallest one is the traditional target level for pattern. I am using patterns as an entry method. The other targets are based on structures.
It has been awhile that we waited for USDCAD to have the dramatic drop. But it is taking a long time. At this point it is indicating for one more move up, with a head and shoulder forming and possible break of the 4H trendline. A close above the resistance target on the daily will indicate more upside movement if there is a flag formed after breaking both 4H...
It is the time we all been waiting for, EURAUD monthly lows! It is a great time to buy and hold this pair for months. It currently made a bat pattern for short entry. There is a double bottom as well. If price pulls back into the 61.8 level it will reach target 2 of the bat pattern. ALSO giving us optimal entry for a long position at such great lows. Good luck trading!
Hopefully everyone is looking for an opportunity to go long on EURAUD. A head and shoulder is forming along with a harmonic pattern. Look on the daily and you will see many pinbar and extreme level for buying.
pretty straight forward. big impulse followed by a flag. Risk reward is also good.