About meProfessional Trader & Trading Coach at Tier One Trading - Voted 2017's 4th Most Helpful Trader on Twitter & 19th Best Trading Channel on Youtube -Creator of The Trading Coach Podcast - Track Coach & 🖤💛Sports & Coffee Addict
After another surprising sell of (that's sarcasm by the way if you haven't noticed this stock decline) GE is now pulling back to the previous right shoulder of our head and shoulders bottom, which I shared with you earlier in the week.
Haven't actively looked at stocks in I don't know how many years, but every once in a while I like to take a glimpse at what's going on in the market and found this head and shoulders bottom today after reading about a recent GE merger
Talk about a BUSY MONDAY in the markets. Lots of volatility which equals lots of opportunities. One of the opportunities that I'm watching closely is the retest of our Head & Shoulders pattern on the USDCAD
Should be interesting to see what type of bullish countertrend moves will exist as the Euro travels deeper and deeper into to previous structure support from earlier this year. Of course a violation would most likely send us back down to 1.2180's & possibly even 1.19's
Happy Wednesday Traders - In today's video i wanted to share with you a potential pattern trade on the EURUSD as well as talk about the importance of using multi-timeframe analysis in your trading routine.
Here on the NZDUSD we have a Bearish bat formation that has completed...for some of you. I say for some of you because it technically did not hit the D completion level, however, some of you may still have gotten involved if you decided to "Front Run" your orders.
Here on the USDJPY we have a potential bearish bat pattern setting up. We also have an interesting setup where there was another valid pattern formation prior to it which brings up the topic of "should I enter again if I missed it?"