RiosTrades

RiosTrades

Previously analyzed the Euro/Kiwi, using Price Action we were looking to go Long (Refer to my previous analysis on EURNZD) We have a 95% Negative Correlation to EURNZD therefore we see price express itself like 2 Positive Magnets. Price is moving in an extreme downtrend which isn't hard to analyze with naked forex. I'd be highly interested in finding a high...

RiosTrades

After price breaking out of a highly respected downtrend that consisted of Lower Highs and Mutual Support. Price broke out bullish and we are allowing price to consolidate as the exhaustion anticipating price to continue in it's bullish channel. Idea becomes invalid if price breaks below our Minor Support / Minor Swap Level.

RiosTrades

Ending last week we speculated price moving with high bearish momentum to Key Level of Support but before price reaches this level, it has to break its minor consolidation support before we can begin looking for bullish opportunities at Key Support. Previously what price action has shown us at our Key Level of Support is Buyers Entering the Market with High...

RiosTrades

Price Action has presented itself a continuation of bearish momentum which is logical since we have Bearish Confluence in HTF (Higher Time-Frames). I feel like it is too late to hop onto this bearish breakout, therefore i'm speculating price to move to attractive key levels of structure. I'll be looking for bullish opportunities back to Previously Tested...

RiosTrades

Looking at a possible trend continuation on the AussieYen, we are in a major downtrend which leads me to believe that price made it this far below for the 3rd time, price may very well reject off it's previous swing low and continue to our Daily Support. Let's say price does continue short and price rallies at our support, we can then find Bullish reversal...

RiosTrades

Waiting for price to break above this key swap level, our support turns into resistance. Breaking above this resistance would give us a good reason to execute ourselves in the market. Structure / Trend / Candlestick Reading,

RiosTrades

Price action in the hourly time frame is showing us that we have a highly probable Head and Shoulder Pattern forming. The way we execute in this Bearish Market, would be to wait for the breakout of support which is our Neckline. Waiting for Bearish Reversal Confirmation at the pullback of previous structure then executing ourselves into the market after the...

RiosTrades

In the hourly time frame we see price pushed up to an important level of resistance and then reject below breaking out of its respected uptrend. The Market is showing us that price can begin consolidating at the key swap level price is at right now and this breakout could be an exhaustion for the bulls before they come back in with another impulsive push up...

RiosTrades

In Higher Time Frames (Monthly/Weekly) this pair broke out of an ascending trend then experienced big pushes down from sellers because our Daily Resistance is at a 61.8% Fibonacci Retracement of that breakout impulse. My bias on the US Dollar/Canadian is to continue shorting this position if price action presents itself accordingly, my interest in this pair is the...

RiosTrades

Analyzing this pair made me notice an obvious Cypher Pattern C Leg Completion, very easily if price breaks and closes above our C (1.41%) in the Cypher Pattern then this Trade Idea is invalid. On the bright side we can look for shorting opportunities at the Daily Resistance Zone we are very close to. Using Structure and Reversal Pattern Confirmation we can find a...

RiosTrades

Being in a Bearish Market, we see Price Action showing us that if price breaks below our outlined swap level. An opportunity to continue short may arise after Breaking Support and having Reversal Candlestick Pattern Confirmation at the pull back is a simple but very consistent strategy to find trend continuations. Support turns into Resistance, Resistance turns...

RiosTrades

On the Aussie/Yen we are in a Bearish Market, therefore analyzing for short opportunities. Dropping into the 4hr time frame we have identified levels of structure to look out for, coming up close to our Daily Resistance we speculate price form a Rising Wedge around our Resistance, we can find reason to enter the market at the break out of this pattern or wait for...

RiosTrades

Looking at Price Action in the 1 hour time frame shows us detailed levels of price action. We have a Seller Bias as we are in a Bearish Market, i'd be interested in entering this pair because price broke below a previous structure and looks to be heading lower, breaking this ascending trend line. I'd be looking for Price Action Confirmation such as Bearish Pin...

RiosTrades

Price Action (Technical Analysis): The Aussie has been getting dumped for an extensive period coming up against the US Dollar. What is interesting about this price range we are currently accumulating at is that in historical data we see a VERY Long Wick in the Daily Time-Frame that touches this zone and buyers rushed to press price to close above where price...

RiosTrades

Price Action (Technical Analysis): After a successful breakout of the head and shoulder pattern we find ourselves in a very volatile area with #1 Price retesting Daily Head and Shoulder Neckline #2 Price Retracing to Neckline Structure is also the Downtrend 61.*% Fibonacci Retracement #3 Downtrend Confluence #4 Long wicks in the Daily time frame and closes below...

RiosTrades

Price Action (Technical Analysis): Top-Down Analysis on Bitcoin for this Week, i'm expecting big plays pushing up from Bitcoin with all the doubt in the US Dollar with the Dollar Index not holding up very well and with the Greenbacks economy not at its very best of right now until next month. Fundamental Analysis: None.

RiosTrades

Price Action (Technical Analysis): The past week we saw this pair break above very respected highs, key resistance turning into support. Dropping into the Hourly-30Min time frame we see a potential Cypher Pattern forming, Price is pulling back into previous structure telling us to go long and our 200-100 Day EMA's are snapping at our ideal area of entry. Look for...

RiosTrades

Price Action (Technical Analysis): Here we see price is forming a Potential Gartley Pattern in the 30MIN-4HR. I'd like to see price rally around 80.50-80.55ish and gain confirmation to go short if price action tells me so. (Bearish Candle Stick Reversal Confirmation) This trading idea is invalid once our D leg breaks above X. Fundamental Analysis: None.