Hey guys, just want to share with you this interesting area that's being tested on CADCHF. It's a daily level of structure that acted as support in the recent past and now it seems that price are being pushed by this level. This is why i want to get involved long with this. There's also a RSI divergence showing in the daily and 4h chart, in addition to a pinbar...
Hey guys, just want to share with you this interesting area that's being tested on CADCHF. It's a daily level of structure that acted as support in the recent past and now it seems that price are being pushed by this level. This is why i want to get involved long with this. There's also a RSI divergence showing in the daily and 4h chart, in addition to a pinbar...
Hi guys, here you can see the 4hr chart on EURNZD, i'm about to short this market and i'll briefly explain you why: firstly, the black line stands for a daily & weekly level of structure, that acted as support in the past, secondly, the RSI is overbought in this timeframe and it's showing some divergence on the daily chart. In addition to that, there's an AB=CD...
Hi guys, here you can see the 4hr chart on EURNZD, i'm about to short this market and i'll briefly explain you why: firstly, the black line stands for a daily & weekly level of structure, that acted as support in the past, secondly, the RSI is overbought in this timeframe and it's showing some divergence on the daily chart. In addition to that, there's an AB=CD...
Hey guys, this is a simple pattern formation that's about to complete around 81.60 level. This zone has multiple structures in there so i'm very interested in taking this pattern. Rsi is in oversold condition by the way. Let's see how it plays out. Stops below X, targets at 382 and 618 retracements of AD leg. If you want to share your view or simply ask...
Hey guys, this is a simple pattern formation that's about to complete around 81.60 level. This zone has multiple structures in there so i'm very interested in taking this pattern. Rsi is in oversold condition by the way. Let's see how it plays out. Stops below X, targets at 382 and 618 retracements of AD leg. If you want to share your view or simply ask...
Hi guys, here on AUDJPY we're sitting on a very important structure level that i think could stop price from getting higher and also provide some nice selling opportunities. In fact, i'm already decided to short it since price action showed us some weaknesses on both 1hr and 4hr chart. Stops would go above the highs, target1 at 1:1 RR at least, target2 to be...
Hi guys, here on AUDJPY we're sitting on a very important structure level that i think could stop price from getting higher and also provide some nice selling opportunities. In fact, i'm already decided to short it since price action showed us some weaknesses on both 1hr and 4hr chart. Stops would go above the highs, target1 at 1:1 RR at least, target2 to be...
Hi guys, this may came too late but for pattern traders, this is still a valid entry reason, i usually take patterns with a limit order only when certain condition are met, and this is not the case. However i can still enter the trade with a valide structure reason, like the double top that you see here (with RSI Divergence). If and when price will come back, i'm...
Hi guys, this may came too late but for pattern traders, this is still a valid entry reason, i usually take patterns with a limit order only when certain condition are met, and this is not the case. However i can still enter the trade with a valide structure reason, like the double top that you see here (with RSI Divergence). If and when price will come back, i'm...
Hey guys, this is a counter trend trade on USDCHF, so do not take it if it doesn't respect your own rules, it respects mine so i've decided to share with you. The yellow box represents a former daily level of structure, that acted as resistance in the recent past. As of now, price is finding troubles breaking through it, even if it seems to be a strong move. RSI...
Hey guys, this is a counter trend trade on USDCHF, so do not take it if it doesn't respect your own rules, it respects mine so i've decided to share with you. The yellow box represents a former daily level of structure, that acted as resistance in the recent past. As of now, price is finding troubles breaking through it, even if it seems to be a strong move. RSI...
Hey guys, here on EURUSD price is testing an important daily structure that could push it higher before continuing in the downward direction. This is a counter trend trade so be aware of it. Nonetheless, i can see some buying pressure at this level, thanks to the pinbar followed by a big engulfing. The pinbar represents the pressure that arises at the touch of a...
Hey guys, here on EURUSD price is testing an important daily structure that could push it higher before continuing in the downward direction. This is a counter trend trade so be aware of it. Nonetheless, i can see some buying pressure at this level, thanks to the pinbar followed by a big engulfing. The pinbar represents the pressure that arises at the touch of a...
Hey guys, we were waiting for a nice selling signal on this pair, and maybe this is happening. Price has reached another key level of daily structure and the RSI is in divergence on the daily as well as overbought on this timeframe. Moreover you can see price action has given the first signal of rejection with a pinbar (long wick to the top) that could be...
Hey guys, we were waiting for a nice selling signal on this pair, and maybe this is happening. Price has reached another key level of daily structure and the RSI is in divergence on the daily as well as overbought on this timeframe. Moreover you can see price action has given the first signal of rejection with a pinbar (long wick to the top) that could be...
Hi traders, today on CADCHF price is coming back to retest a key structure area where we can look for selling setups in order to follow the latest trend here. As you can see it's like an ideal setup, when you see price breaking a support that then turn into resistance and push toward a downward continuation. Of course, we need some sort of signal in that zone,...
Hi traders, today on CADCHF price is coming back to retest a key structure area where we can look for selling setups in order to follow the latest trend here. As you can see it's like an ideal setup, when you see price breaking a support that then turn into resistance and push toward a downward continuation. Of course, we need some sort of signal in that zone,...