Price is retesting again a major resistance zone, also on the 15 min chart, there is divergence, so I'm thinking short with tight stops and target at previous support zone around the 1.0930 level. Good luck!
Looking at this pair, I realized that price is ranging inside a big descending triangle pattern (see daily chart), so now that price reached a minor support level, I got short with hope that price go lower until the next support zone near the 0.9240 level. IF price reaches this level, we would have a beautiful Bat pattern completing just at that support zone and...
Right now, price is holding on a strong resistance level in confluence with the 38.2 fib level from last major swing down, so in a trend continuation move, I would expect price to continue it's way to lower levels, maybe a retest of the lows at 0.8700 Good luck everyone!
Many things going on in this pair, so next week would be nice to see that Shark pattern complete. Price is just inside a demand zone right now, so I will pay attention next week at the reaction here, Another demand level below and finally the completion of the Shark pattern.
Price is at a Supply level, so it would be nice to see some reaction there to the downside. Then we have a demand level to watch for and possibly a Bat pattern near the 98.00 level, so many options for next week.
Some supply and demand levels to be aware for next week. Also, there is a Shark pattern that would complete near the demand level below, so it would be a very nice opportunity to go long there.
Watching this pair, as it just hit important structure level and RSI on an overbought condition. Following the downtrend on the 1H timeframe, this would be a nice short opportunity with target around the 1.272 extension at 1.6719. Good luck guys!
Waiting for a retest of the resistance zone to go short until at least the first target gets hit. SL: 1.0960 TP1: 1.0820 TP2: 1.0765 Good luck!
Long opportunity arises as a flag pattern is completing on the USDJPY pair. There is a major support level that makes me think that price might go higher to test previous highs at 104.000 and 105.000 levels. Let's see if price breaks the declining trend line.
Price is just at the flat Kumo top, possible bounce to continue uptrend!! Good luck and let's see what happens, as I will take a long opportunity with a 2618 trade setup on 1H timeframe, so everything seems to be in the favor of the continuation of the uptrend.
Currently watching closely this pair as it made a double bottom with divergence. I'm waiting for price to go above the "V" top and retrace to the 61.8 Fibonacci level to go long from there. Good luck, I will try to update this later.
Currently noticing how this pair has made lower lows with divergence on the RSI. To find an entry point and to take advantage of the divergence, I'm waiting for price to retest the most recent low (to form a double bottom) and enter at that point. Targets: major resistance level at 1.3575
I'm not quite sure if I missed this trade setup for a 2618 opportunity after the double bottom with divergence. Price missed the 61.8 retracement level for literally 1 pip and went straight up. As price already retraced from the last move to the upside, I'm not quite sure if it's a good idea to enter when it hits (IF it does) the 61.8 level. Maybe if you have any...
2618 TRADE SETUP: * Wait for price to break the resistance near 101.800 and then wait for the 61.8 retracement to get long. Cypher: * Be aware of how far price goes before retracing to the 61.8 level, as it may complete a Cypher pattern, in which we would have an opportunity to go short from there and then take the 2618 setup to go long. If price completes the...
A Gartley pattern completed on Wednesday and possibly price is about to reverse as it is showing good signals on smaller time frames, so I'm currently on this trade waiting also for the Cypher pattern to complete. Good luck!
A beautiful Cypher is forming on this pair, completing at minor structure level at 101.997 and with great defined target levels (support levels in red). Best of luck!
Currently price is inside a channel, but RSI showing weakening of the sellers, so I would expect a breakout to the upside, however, it can break to the downside and retest previous lows. If everything goes how I expect, I would take profit near the resistance zone above current price. Good luck to everyone!!
Divergence + extreme overbought condition on RSI = short opportunity. Targets on previous support level at 1.0693.