I believe Euro might see some downside now. Price is far at the moment but orders are ready to go. Price has been in consolidation for a while so we can hopefully get triggered in at the top and ride this down to the bottom of the range or hopefully lower.
Pay attention to the exact point 3 of the last 4 wicks terminated (inc the very last test) - these are within pips of each other - a good place to place a buy order that can take advantage of a stop hunt against buyers that have already longed this where price is now. The greater trend is up since price broke out of the range it in in mid May. We could see a...
Price has arrived at the bottom of a range (of sorts) and there will definitely be a large amount of traders that are longing where price is right now. A buy order has been placed near the bottom of the wick of the previous test to take advantage of any stop hunt if it occurs. If triggered into this trade, will most likely be in it for the long term - however...
The USD has been bearish of late and I believe its reached a key area where we might see some relief come into play. Pair has bounced off this support level a few times in the past and has now produced a strong reaction off the support again. I will be looking for an improved entry by awaiting for a pullback to the lows of previous touches (As shown on...
Awaiting a pullback to previous structure in order to enter this one.
Awaiting a pullback to previous structure in order to enter this one.
The pair is coming into a major area (look left) and has produced a bearish bat formation. I wont be going in aggressively on the bat as I wouldnt be surprised at all to see a spike up to clear out stops that have no doubt accumulated around the 1.080-1.081 price point before the down move begins. There is a some fibos in the zone and also the completion of an...
This pair is at a recent high (last time it was around there was Nov last yr). Im neutral on this one at the moment. Short: There is a head and shoulders pattern present that I will trade on retest of the underside of the neckline. There is a cypher pattern that can be traded if price ceases the current small flag and continues up. Long: Observe price action at...
This pair is retracing in previous structure which should act as support. A bat pattern is very close to completion & RSI now showing as oversold. The 200EMA is also close-by and stops have been placed below it. Targets set using structure in hope of continuation of the current trend.
This pair is retracing in previous structure which should act as support. A bat pattern may potentially complete very close to : ABCD pattern Golden fibonaccis (0.618 + 1.618) 145.00 price level Aswell as this, RSI is also oversold. These are enough reasons for me to set my orders on completion of the bat. Targets set using structure
This pair is retracing into previous structure and may be oversold soon. There is a massive level to the left (follow the red ray) which the pair has broken out of and there are nice fib levels present within the area. 200 EMA also provides abit of security (hopefully). Personally will be looking to enter on the bat pattern that has developed if price action gets...
This pair is bearish atm and I have identified the zone in which I will be looking for my next entry - IF it gets there. The below are all present in or around this zone : 200 EMA Trendline Fibonaccis (big cluster present) 0.75 Level Massive structure to the left (follow the ray) off which big bounces have occurred. RSI may possible be overbought upon arrival...
The pair is coming into a resistance area and could complete a bearish bat soon. There is also a fib cluster + ABCD + RSI nearly overbought so this is enough reason to set orders on completion of the bat
Awaiting price action to get into highlighted zones before looking for shorts through factors on entry timeframe (1hr) such as : RSI overbought, Candle formations, Potential patterns where present, ABCDs, Fibonaccis etc (preferably a mix of these). Price made an impulse down and is consolidating before more down movement (hopefully)
There is a bullish bat forming on this pair. If it completes, it will be on a nice trendline. Further to this, RSI now oversold. Goodluck all
Potential Cypher forming on this pair. Will be looking to take this for continuation of the upward move. Targets are set on structure - this may change according to price movement on way to potential completion of D leg Goodluck all
Price action is flagging on this pair atm and so I am looking for it to enter my zone before looking for some kind of entry reason into a short trade. My personal reasons can consist of RSI,candle formations, fibos & perhaps advanced patterns. SL is above the structures. Should the SL be hit, I will be looking for bullish opportunities on the pair. T1 is a...
Looking at a potential bearish bat to complete in the structure.IF this completes, I will hopefully get a slide down to the bigger bull bat and take that back up.