This is based on our structure on previous post on NZDCAD... Demand zone reached
The main view of this trade idea is on the 15-Min . The FX Cross USDZAR has been trading in a rectangular pattern between the 14.53145 and 14.9946 range over the last couple of days, providing an opportunity for a breakout in the FX Cross. Expectations are for USDZAR to break below the rectangular chart pattern to head towards 14.21 zone. Technical...
Please hit the like button and 🎁Leave a comment to support our team! --Breakout----- (1) Wait for a clear Descending triangle to form. (2) Sell when price breaks the triangle low. (3) Stop Abouve the previous High. (4) Target 1 Is the Distance Between The Mouth Of The Triangle Added To The Breakout. (5) Target 2 is a 100% extension of the first impulse...
Now comes a classical reversal pattern: 1) EURUSD has respected 1.17 a number of times this year. 2) The price of the day chart has shown great price action when EURUSD approached 1.17 2 days ago - now is the retest for those who did not enter the longs to come in. DONT MISS IT!!! The target is the upper of EUR trend-line - at least 300 pips. It has already taken...
retail data mainly to deal with the consumer market side so I guess it had much more impact on the stock markets which then had a reflected illusion of DXY going up. They are after all very important figures representing the US economy recovery so I suspect DXY should start its retracement in the next few days. Let's make small SL and ride the rise. :) And if...
Still in right shoulder range, looking forward breakout lower if head and shoulder valid.
Pullback ending and bullish starting with a bullish flag pattern. Will test previous high and possible breakout higher with swing ABC pattern.
Still in descending channel , wait for breakout confirmation bullish momentum.
TRADING range is still active we can get a 7 count
We see clearly the rejection on h4 downtrend . 2ndly we have a downtrend h4 channel . 3rdly failing to get back above 15080 This is my analysis of NASDAQ under the 4H time frame Trend line was broken and I notice significant BEARISH momentum in play with the last 3 candles. I await for a break of structure and confirmation candle to close below said structure....
TRIPPLE TOP FORMATION SUPPLY AND DEMAND ZONES H4 MORNING STAR pattern for confirmation H4 bullish pressure rejections
Above is an update on previous 2 setups posted this week, with possible bear traps expected if market continues a rally. So far the setups have played out well as expected with shorts hitting target from last session sell off and longs currently active for option 1. Option 2 still possible to occur if Asian session does not produce enough volume to push price...
INVERTED H AND S ... daily candle bank order simple trade on S and R supply and demand
I hope you catch the big quick drop on NQ with my last idea. I also hope you exited fast before the rebound. I got out almost at the TOP. I got out after the Doji formed at the H4 BULL PINBAR. I didn’t stick around for confirmation and just took my money and run! Now NQ back up and consolidating. You can see my short W1 LONG set up. We are looking at leads to...
3 dives pattern and downtrend naswill follow suite
Previous H ANS SW1 pattern looks similiar great drop
BREAKOUT, RETESTED AND GOING HIGHER to round about 15200 then 15500
May get a retracement at pivot first... Then take a consolidation before a breakout