Price has been forming this bullish triangle pattern...we waited to see if price was going to break to the downside faking all the break out traders ...price bounced back into the triangle pattern from here on we expect price to head higher into the previous high as targets...stops are placed below the fake out zone.
NZDCAD has been forming this Inverted head & shoulder pattern which has broken the neckline...price managed to retest new support..my long entry has been made my stop is place below the head.
Price has gotten in the over bought area ...price has then priced a bullish engulfing candle on the hourly..we also got some RSI divergence ,expectation from here is an acceleration higher towards my 18 EMA as targets.
Price has given us an acceleration lower.what is expected for price to do is retest new resistance we will patiently wait for the retest to hit our trigger in order to make this trade valid. stops are place above previous high which is our right shoulder..risking 1% per trade is the aim.
Hi Traders price has been forming this higher degree Zig Zag with 5 impulse waves 3 corrective waves another 5 impulse waves we are currently trading on wave B of 4...at this point the volume decreases prices RSI starts printing divergence...great risk reward ratio out of this trade would be to enter around the orange box which is my 50 & 61.8 retracement level...
AUDCAD The trend is your friend till your proven wrong alway trade with the trend price has been trading within this bullish wedge but before we break out price needs to push lower as we all know we need to wait for confirmation the break & close of ascending trend line along with price closing below both 25 &50 EMA this trade will be valid only once all our...
Hi Traders Price has been trading within this small range forming a double bottom Price has broken the neckline and has retested looks like price is respecting new support my entry is made after a small push off of support SL & TP on chart
Price has managed to break the ascending trend line & closed below both 50 & 25 EMA we can expect price to trade higher to print a double top or price could accelerate lower with a push Sl is place above the previous high and TP is place at the 61.8 fib retracement with 1st TP @ the next structure level.
Price has been forming higher highs and higher lows,we seem to have broken our resistance line with a retest of support ,an acceleration higher is expected towards my previous high zone.SL & TP on chart.
Price has broken and retested the descending trend line,my entry is made after price has respected the 78.6 fib along with my descending trend line.we have just gotten a push off of the 78.6 fib..i have my 1st target slightly below the daily 50 Moving average..my second Target is place at the previous high.
Price has been trading in this lovely rising wedge we can either get a break from this level,or we can get a bounce from this ascending trend line.on the daily TF we have broken out of a higher degree wedge pattern sooner or later price will need to pull back to new support,the break & close will trigger my counter trend trade on this pair
Potential long on NZDUSD Trendline Broken then after got a Bullish engulfing candle looking for 50% retracement to enter long,18 EMA & 25 EMA Crossed over bullish momentum.
Price has formed Wave 1 & 2 we are currently @78,6 fib retracement...expectation from here is a push higher towards my 3rd wave which is @1.618 expansion, my stop is place below the 100% fib since wave 2 doesn't retrace all the way to the start of wave 1.
Price has been trading within a higher TF triangle we are currently at resistance, expectation we would need price to follow through lower to form the E wave then break out the opposite side.Price has broken the ascending trend line my sell order is triggered now.
Price has been forming higher lows and now we got price bouncing off of the ascending trend line.with a bullish engulfing candle,my long entry is triggered SL & TP on chart.
Price has given us a great bull push...after a push we get an exhaustion my short is now triggered and my target is slightly above the 25 Daily EMA Which alos lines up with my 61.8 fib retracement
Price has been forming a head & Shoulder pattern which has clearly broken the neckline along with the ascending trend line..if price manages to trade below the neckline & Ascending trend line that would be a positive factor,Price is currently trading at my daily resistance zone.
Hi Traders looks like we have an up trend,with that up trend comes waves so we have our (1)(2)(3) motive waves formed with the (4)th wave in play, entries for the 5th wave would be made around this zone,so we look at candle stick patterns to see any bullish sign once we have a list of positive and negative factors written down the trade will be valid, expectation...