Going through charts and stuff like that
As an experienced trader, I've identified a significant trading opportunity that I'm eager to execute. My strategy involves a buy and hold approach, with a focus on minimizing risk and maximizing rewards. Rather than setting multiple targets, I prefer to extend my targets and remain flexible based on the market conditions and candlestick patterns that...
Despite the current bullish trend in GBPAUD, the market is showing signs of a potential shorting opportunity on the 5-0 pattern, with the 3-bar reversal pattern. This presents a unique trading opportunity for aggressive traders to engage in a short-term trade at 1.8577, with a stop loss set above 1.8605 and an appropriate buffer. What's even more enticing about...
Double Your Chances: How to Profit from Both Buying and Selling Opportunities on the AUDUSD For traders seeking a buying opportunity on the AUDUSD, keep a close eye on the 0.6686 level for a potential entry point. While waiting for a retest after a market break and close above 0.6709 may provide added comfort, don't hesitate to take advantage of the opportunity...
Calling all like-minded traders! We've got a winning trading idea that's sure to pique your interest. For those seeking an aggressive entry, keep a close eye on the Potential Head and Shoulders setup, which is set to complete at the 134.03 level. Alternatively, a buying opportunity could arise with the completion of the Bullish Shark Pattern at 132.51. With two...
Are you on the hunt for a buying opportunity on the GBPUSD pair? Well, look no further! The bullish shark pattern may just be the key to unlock your trading success. At the potential buying opportunity completion level of 1.2338, all that's needed is a 3-bar reversal for the final confirmation, making it a prime time to take advantage of this bullish market...
Counter-trend trading can be a lucrative strategy if executed correctly, making it a favorite amongst traders. When done right, it can provide the best profit factor, making it a viable option for those seeking to maximize returns. As for the EURUSD, the weekly chart displays a retest on resistance with an RSI Divergence, signalling a potential shorting...
AUDUSD Aggressive buying opportunity, this trade has a single target with the dotted blue line as our Safe House. Once the market reach that level, it gives us a consideration to shift stops to entry.
Listen up, traders! Are you limiting your potential profits by only engaging in one trade at a time? Don't fall into the trap of thinking that just because you're long on AUDUSD, you can't also engage in a short trade on GBPAUD. I've been charting and trading for 18 years and let me tell you, sometimes the nicest setup doesn't always give us the best returns....
If you are an Aggressive Trader, you may consider shorting the AUDCAD on the 1-hour chart at a market price of 0.9044. Conservative trader might want to wait for a 3-bar reversal or a retest at 0.9055 on the 4-hourly chart based of the retest of previous resistance and of a sideway bounce trading setup.
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On the right, the Bearish Crab Pattern on the daily chart is going to form at 105.29. Like you, I did have the impulse to buy it up and short it down, but that couldn't be the way. At the minimum, the strategy has to be tested. If you have that thought, you could wait for buying opportunity on the lower timeframe. I'm waiting for the retest of the trendline on...
147.42 is the level of the Bearish Deep Gartley Pattern completion point. It is excellent for counter-trend traders to wait for a shorting opportunity at that level. Trend Traders and Trend Continuation Traders could wait for a buying opportunity once the market touches the trendline and doesn't close below the trendline or the support level.
If the Bearish Bat Pattern on the daily chart is not good enough for you(link within tradingview). The 1-hourly chart Bearish Crab Pattern would be a great setup for you. The completion point is at 134.24 and provides you with a shorting opportunity. You have to wait for candlestick pattern confirmation before engaging in the trade. Trend Traders could wait for...
The Big Short came in on the Weekly Chart with a Triple Top RSI Divergence. Currently, there isn't any opportunity for me to engage in the shorting opportunity. While waiting for a tested strategy like the Bearish 5-0pattern to appear, I will look out for other trading opportunity like buying on the demand zone or a Bullish Shark Pattern in taking the...
An ascending triangle breakout is excellent for breakout traders and trend traders looking for buying opportunity at 1.0959 for a buying opportunity. Alternatively, the trendline work just fine.
This was the headline from well-known news media. Traders, you have to be careful when you read headlines like this. Don't jump into the conclusion that the news is 100% correct. Look at the chart for yourself.
This was the headline from well-known news media. Traders, you have to be careful when you read headlines like this. Don't jump into the conclusion that the news is 100% correct. Look at the chart for yourself. The candlestick circled in yellow is the European market opening candle. It is a 33pips retracement(a big word to describe market pullback from a...