RCP

RCP

On FX:EURJPY we have the best long setup. There is a cup & handle pattern with very nice handle which forms a flag pattern as well, and this is a continuation pattern. Besides we have potential ABCD pattern. Our targets will be the next structure resistance @138.09- look left for more confidence- and a very nice fibs 1.272 confluence right at this level. The...

RCP

So, FX:EURGBP is in a ranging market, and I see a good long opportunity here. We have flag pattern with structure support confluence (see red zone), which is a strong wall for this pair right now. We can involve in this setup in two ways: 1. Buy on breakout (it is a better choice) 2. Buy at support red zone And our target 1 will be @0.7355, Although, if the...

RCP

Hello Traders. Today on my radar is FX:USDJPY long setup. If the price comes @119.42 support level I will buy. Here at this level I see a nice structure with the confluence of bullish divergence. Stops will go below this support and our target will be 120.10 structure level. Besides watch the support trend-line, price hold the levels several times Avto_T Green...

RCP

So today on FX:NZDUSD we have a very nice setup to go long. The price is ranging between the channel and hit the support level @0.6312, with the confluence of daily S2. Now price is more likely to go up at leas @0.6355 level and then hit the channel resist once more @0.6404, and here at this level we have a very nice fibs 1.272 confluence. Avto_T Green...

RCP

We have a nice completed bearish cypher with the confluence of resist level @120.96. In addition nice channel where price found resistance and right now is in consolidation phase. Our targets are 12.38 and 120.09 support levels. Keep an eye on todays Rate decision for USD! Avto_T Green...

RCP

Here is another setup on FX:EURJPY We have a very , very nice shorting opportunity. There is a very good structure @137.04, look left for more confluence. Besides the structure we have a completed bearish bat pattern. I suggest to go short at structure as the market has upward momentum, and according to my analyzes the structure must act like a wall. Our stops...

RCP

Hello Traders! Today FX:USDCAD is on my radar. Here is a very nice shorting opportunity. At last the price has broken a big triangle, found support @1.3175 and forming a flag pattern, and this means that market is going to fall even more. We have 2 opportunity to go short: 1. Sell around the PRZ, 2. Wait for the market to break the flag and support, retest it...

RCP

Harmonic pattern is ready to go short on FX:EURJPY We have a bearish gartley with the confluence of fibs 61.8. Our target 1 is around the next support and fibs 31.8 and the target 2 deeper support with fibs 61.8. Besides look left and check the structure levels for more confluence. GL (Green...

RCP

Hello traders. Today on FX:AUDUSD we have a countertrend setup so called double top. we see price tested the HH and found resistance @0.7465, so it is a good opportunity to go sell AUD. Our targets will be somewhere between 0.7086-0.7062 with the nice confluence of fibs 61.8-78.6. Besides we have a very nice structure of neckline. Watch this pair and take...

RCP

Here on FX:EURJPY we have a very nice harmonic moves inside the channel. This is so called 3-drives pattern and we have a very nice trade setup to go short. The structure and harmonic moves gives us the clear opportunity to sell. Our target is the next support level @ 134.72 with the confluence of fibs 50.0, and stops go above previous lower high. Note, that we...

RCP

When analyzing the market according to my portfolio, I have noticed this very nice setup. This is Rounding Top. We should wait the price to break the neckline and retest it for more confluence and then go short all the way down and take good profit. We have confluence of fibs ratio of 61.8 at the target 1 zone and nice support level @182.44. Target 2 will be the...

RCP

Hello traders. Today on FX:GBPUSD we have a very nice shorting opportunity. The price has made perfect double top @1.5470 at very strong structure resistance level. For more confluence look left or switch to daily or 4h timeframe to see it better. Then price broke the neckline and went back @fibs 61.8 which gives us a 2618 setup and very nice shorting...

RCP

Here on FX:EURJPY we have a very nice structure based short setup. First of all look at the 50EMA, it is following the price like a magnet, found support @136.16 and reversed. Here is my analyses: price is more likely to retest the highs @137.20 structure resist and make double top, so this level will be the perfect to go short, targets inside the green target...

RCP

Good Monday traders. Here is the first setup of the week. We have a pure structure based shorting setup on FX:NZDUSD . The market is moving in the wedge currently and I am waiting the price to enter the Red Zone and fall all the way down. The reversal zone is between the structure resist and the fibs 61.8 with the confluence of look left structure. We should wait...

RCP

For tomorrow we have very nice opportunity to go short or long. This pair is ranging sideways in a beautiful rectangle. I like when price acts like a magnet. Right now FX:EURAUD is in a decision zone. The price found strong resistance @1.6039 twice with the confluence of fibs 61.8. I think the price will retest the mini structure @1.5932 and then we should see...

RCP

On FX:EURUSD we have very nice structure based setup, which is in my radar today. Currently I wait for the price to retest the structure support @1.1244. We have a nice confluence of Fibs 38.2 right at the support level. So I look the price should finish the correction in the red zone and then rally up to the next structure level @1.13518, where we have fibs...

RCP

Today on FX:EURJPY we have a very nice shorting opportunity with good R/R. First of all we have very strong structure resistance @136.45 with the confluence of fibs 61.8 and daily R1. Our target is the next structure support with the confluence of fibs 38.2 @134.99 Besides we have a bearish divergence and all these gives us a good chance to go short...

RCP

We have the perfect harmonic moves on FX:EURGBP Price is moving between the channel and making harmonic moves, which means we are in a 3-drives pattern market. As we see we have the perfect fibs 61.8 and 1.272 confluences at the edges of channel and it is the best time so sell. The first target is the next support, where price might consolidate. The second...