I'm a bit late on publishing this setup as I have been busy after I entered the trade. But here it is, NZDCAD has been running in a downtrend for a while now and is looking to have broken out of a small bullish structure and has now retested the bottom end of that structure. We are now shorting the pair and hoping to form at least a double bottom on overall...
We're currently within a channel in GBPNZD. A reversal has pretty much been confirmed now. We saw the drop begin and a rejection upon our resistance line which is clear enough that we could call this a retest! Shorts away, instant execution upon idea post!
This short has been anticipated for a while as XAUUSD (gold) has had a very big bull run. Started to consolidate now and range so back to basics.. Simply ranging between our channel here, simple sell nothing too complex. What are your thoughts? Does gold break its all time highs or does it begin to drop? Leave a comment and Follow me for more! :)
USDJPY is creating a head and shoulders on the 4 hour chart. This similar pattern happened not that long ago and we had a huge drop in price after completion of the pattern. Has this HUGE bull run from USD finally stopped? Are we about to see a reversal for a USDJPY short? Let me know your thoughts below!
Does ripple have a huge mountain to climb? This handle it is approaching has been very detrimental in ripples success in the past but currently looking like a downwards channel is forming and ripple could be looking for a drop to the downside towards $0.2? Or do you guys believe it will break this resistance and start climbing as bitcoin looks to begin...
History always repeats itself as we can see on this chart. Simple channel here support and resistance, the basics. Look for an entry on the lower timeframes otherwise trade safe and catch those pips! Please leave a like and a follow as it really helps me out in creating my content
For those of you who like to hold trades for a good amount of time then this is a good opportunity for you! The pair has been over extended again in this ascending channel and looks to repeat history once again. Since the long term bias is short. We can look at taking short positions with confidence and potentially break out of the ascending channel on the lower...
Neutral setup rather than a bias. If price breaks out and retests our ascending trend line then we could be looking at a decent short. If price rejects our trend line and support cross then that would suggest a good long position. We also have to be weary that EUR had a very volatile past week and that this pair could have a lot of movement over the close and...
Similarly to my recent AUD/JPY setup, price has retested a key handle on 4H and the last candle close has passed over 50% of the previous candle body making it a good confirmation for a continuation to major support as shown in analysis. As I always say, these setups are purely setups and you should not enter unless you fully understand the chart and are able to...
The last 4H candle for audjpy left us with a nice rejection of this 73.405 handle and looking in the 1H we have a really nice 3:1 short setup available for taking depending on where market opens. As i know there are a lot of beginner traders on here I want to make sure that you're aware that these posts are simply ideas... food for thought if you will. You should...
If USDJPY breaks out of this channel. Upon confirmation I believe it'll drop big and quick. No doubts about this one, it's been highly anticipated by traders across the world to drop. Please follow me so you don't miss any of my future ideas! Leave a like and comment on this one if you found it helpful! :)
USD/CAD already showed a strong rejection but failing to push downwards. Stop loss above 0.61 just incase but I believe this pair is going to drop and quick! Make sure you don't miss any of my ideas by leaving a follow! Also like this idea if you found it helpful. It really helps me out :)
Downtrend, 50% fibonacci, strong resistance. NZDCAD is a prime setup for a short following my rules and strategy. Please leave a like and a follow as it really helps me out I'm becoming extremely active on tradingview so feel free to comment or DM me
GBPCAD to me still looks bearish. Sticking with the GBP bearish bias this week. Things to look for: Strong support (black horizontal line) Where the market opens - If the market opens above the trend line then we could have a bias change but as is on the frozen chart - bearish Please leave a like and a follow so you never miss any of my ideas in the future I'm...
So we caught a nice short on AUDUSD last week but now it's time to see where price goes next! It's currently at the bottom of this channel after forming a small H&S pattern and dropping. Could we see a rejection or a continuation of bearish pressure? I personally feel like there is room for more downward movement but only slight. If you look at the support I...
See chart. GBPAUD has been pending a drop for a very long time. Within the channel it has tested this upper trend line for a very long time Planning entry: Keep an eye on this key zone (yellow) if price breaks and closes below this area during the week we could be looking at a very nice short opportunity 100+ pips! Please leave a like and a follow as it really...
AUDNZD Recently broke out of a channel that was moving for a very very long period. Now that it broke, price is coming towards a long term support zone in which it is being rejected so we are granted with a 2:1 RR position. I personally still think there could be some more downward pressure so remember, react and not predict. Please leave a like and a follow as...
EURUSD is in a longterm down trend and has been going for a while now. In it's decending channel and a completed head and shoulders with a retest on the neckline, we have more than enough confluence to enter a short. Please leave a like and follow as it really helps me out :)