We are testing and currently respecting the 1.3342 level of structure as resistance. Once we get confirmation we can start to look and execute our short idea. Currently price on the daily is giving us an exhausted signal and the 4H is giving multiple tests at a consistent level. We simply must break a level of structure and wait for the environment to shift to...
We are looking at shorting the pair on the retest and confirmation of the 4H TF as the price has continued to drive beyond a structural resistance zone. I am suggesting we close the trade manually here are waiting for a valid retest versus hitting stop loss with a 2% loss (outside risk params). RR - 1:3
We have confirmed our entry and the entry conditions were satisfied. The difference between this video and the previous one we made on USDCHF is that we moved our stop loss to be tighter. You can execute or set up limits. GOOD LUCK TRADERS! RR - 1:5.9
We are still testing the 1.3020 zones of the structure as we completed the formation of harmonics not the weekly as well as reaching 100% of the previous leg on the daily/ weekly. Additionally, we already broke past the daily trendline with a proper test and we are retesting currently. If we retest successfully then we can validate the entry and set up our limits....
We are experiencing the retest of a major structural zone on the monthly time frame. We are looking looking for a short term trade to the 1.269 level as we prepare to short upon the confirmation of the final retest of this zone. GOOD LUCK TRADER RR - 1:2.56
We did not have a compelling case on the weekly/monthly time frames for a buying/shorting opportunity. However, we are in a descending environment. Nevertheless, the Daily and 4H timeframe gave us an indication that we could have a buying opportunity being presented if we can confirm with a contextually bullish environment and candle structure. GOOD LUCK...
We completed the harmonics pattern last week but now we are testing a triple top on the 0.7364 significant monthly structure level. Now we just need to wait patiently for the confirmation signal to be given. It is a new week-- be safe!! GOOD LUCK TRADER!!!!!! RR - 1:2.88 - Short term RR - 1:5.40 - long term
If you missed your execution you still have a shorting opportunity as we climb up to test (currently respected once) the 45.62 zone which was the monthly 61% Fibonacci and the monthly structure. BE SAFE. It is the new week so no need to be impulsive. Wait for entry conditions to represent themselves. Last week we completed close to 200 pips. The week prior was...
We passed the initial 78% and trading above the structure, however, we are still trading and respecting the weekly resistance (88% fib) level. Now we are waiting for the price to give us confirmations on the structure being respected. In addition to that, there was a harmonics pattern completed which created another piece of evidence too short. BE PATIENT AND WAIT...
We broke the pennant pattern on the downside while breaking structure and the 61% fib as well. Now we need to wait for a retest (early next week) and entry conditions to be confirmed prior to entering the short. GOOD LUCK TRADERS!!! RR - 1:2.66
We have respected trendlines, support, and the 61% fib on the monthly timeframe. On the daily timeframe, the support is being tested repeatedly in addition to breaking a trendline and in return testing the trendline as resistance. So we are waiting for a4H confirmation and then we are ready to execute. Should be ready in the next few hours or really...
We are still respecting resistance on the monthly trendline to validate our shorting opportunity. We have several targets set up as well. We should get confirmation in the next few hours or early next week. We have impulse patterns, trendline, 88% fib, structure on the monthly time frame; daily harmonics pattern closed. We just need to close the below structure...
We observed major support at the 1.6187 level. now we are looking for buying opportunities as the lower timeframes are just about ready to give us the signals to make the long. BE SAFE!!!! RR - 1:2.33
We reached the 127% Extention fib which aligns with the monthly structure at the 0.6870 level. We are experiencing resistance at this level as well. Now we must wait for confirmation on the daily/4H before entering. RR - 1:2.98
We tested new support three times, confirming this structure. now we need to break a new daily trendline and retest it. In addition to that, we are waiting for entry conditions to give us the green light after the set up becomes validated. GOOD LUCK TRADERS! RR - 1.3.6
We have covered the set up for this pair in the past. we were waiting for the price to approach our entry and give us buying signals. Now we are essentially ready, we are just waiting for entry conditions to be given. So, in the next few hours or days, we should be ready to pull the trigger RR - TP 1 - 1:3.22 RR - TP 2 - 1:6.0
We are testing a 50% fib and monthly structure. However, there is a trend line that we are needing to break and test prior to validating the set up. Then, as usual, entry conditions must be satisfied. GOOD LUCK TRADERS!!!! RR - 1:2.68
We have witnessed the completion of harmonics on a daily. now we are testing the structure as support and awaiting 4H confirmation and a more favorable entry. With this pair, we are in a bullish channel on a weekly so we are going to dynamically move SL and TP accordingly-- scrapping away as many pips as possible. We might not see something come into fruition...