Hey guys, there's not so much on my radar today. Nonetheless i've found a nice advanced pattern formation that is near to the completion point. It is a Bat pattern and its D point comes near to the daily structure level i've outlined with the black line. Always have the bigger picture in mind. Stops below X, targets at .382 and .618 retracement of AD leg. If you...
Hey guys, just want to inform you about what's on my radar this evening: this is a Cypher formation that's about to complete near to a daily structure level and a psychological number. I think this could be a good idea to buy the market. Stops below X, targets as usuale on pattern at .382 and .618 retracements of AD leg. If you have any question, feel free to...
Hey guys, today i want to share a setup which is available at market right now. In this situation price si coming back to retest a daily structure zone (blue rectangle) after a double top formation that's been broken to the downside, as a confirmation signal of the direction it's headed. You can short the market now according to the 2618 technique, with stops...
Hey guys, today i want to bring you some pure technical analysis. As you can see on the chart above, i've written down some simple rules. As a trend continuation trader you want to follow the major trend: in order to do so having the big picture is key. The break of structure you see here is in fact a multitimeframe break of structure, since we've also broken the...
Hey guys, today i want to bring you some pure technical analysis. As you can see on the chart above, i've written down some simple rules. As a trend continuation trader you want to follow the major trend: in order to do so having the big picture is key. The break of structure you see here is in fact a multitimeframe break of structure, since we've also broken the...
Hey guys, on this pair we are in a downtrend on the 4hr chart. When this happens i start to look for trading opportunities into structure levels that may provide some resistance for a trend continuation trade. As you can see price is now coming back to the previous 4h structure resistance (black line) and right there there are two different harmonic patterns...
Hey guys, i bring to your attention this kind of harmonic pattern that's completing right now on this chart, it is called Gartley. Its completion point D is right around the corner. Orders set. Stops above X, targets at the .382 and .618 of the AD leg. Feel free to write below for any matter. Otherwise, see you in the next chart!
Hey guys, i want to share another type of analysis today that i really enjoy doing: it is called CTS and it stands for Combined Tecnhical Score. It basically consists on finding more reasons all together in order to increase the likelihood of the trade itself. First, i want to select my trading zones by using higher timeframe structure: the blue box i've drawn...
Hey guys, another analysis today that i want to share with you. Here we are on GBPJPY and you can see that we are up against a previous daily structure level on the left hand side of your screen. In cases like this i start looking for some shorting opportunities in lower timeframes, such as 4hr chart. On the right hand side of the screen you can see price is right...
Hey guys, today i want to share with you an harmonic pattern formation that i think may be interesting in the next days. On the GBPUSD we are consolidating and ususally when this market condition occurs there are a lot of patterns that appear on the charts. Make sure your stop is below X, and targets could be set as i illustrated above, at the .382 and .618...
Hey guys, this evening i'd want to share a setup that i will closely look at in the next few hours and probably on Monday opening. This is a 2618 trade that's forming on EURNZD. If you're not familiar with this kind of formation, it basically consists in selling/buying the 618 retracement of the leg that breaks the double top/bottom's neckline. Essentially it...
Hey traders, one of my entry techniques that i use the most. It is an harmonic pattern called Bat and it's about to complete. Make sure your stops are above X, and targets at the .382 and .618 of AD leg. Good luck! If you have any question, feel free to comment below. Otherwise, see you in the next chart!
Hey guys, today i want to share this top down analysis on AUDUSD. As you know, i start my trading analysis on higher timeframe (to get a bigger perspective), and then i enter the market in lower timeframe. On the daily chart we recently exited a OVERBOUGHT condition on RSI, that's indicative of an overextended market, near to a Cypher completion. So the bigger...
Hey guys, i want to share another analysis of mine on the Gold. As usual, it starts on higher timeframe. On the left hand side you can see the daily chart where i began analyzing this, and you can see price is approaching a structure level that acted as support two times in the recent times lining up with 618 retracement of the bigger impulse leg. In addition...
Hey guys, i want to share one of my today's favorite setups, which is on CADJPY. The chart explains everything but basically i've found several clues that all point in the same direction, namely long. It's important you know i don't even start building a case for entry without structure; here we have higher timeframe structure and trading timeframe structure at...
Hey guys, yesterday we took profit of our last AUDCAD trade that brought in more than 150 pips (see attachment). Now i changed my mind about this pair being the recent movements price has made. As you can see on the left hand side of your screen on the daily timeframe price is testing a daily structure level that acted as support. Being the case, we expect to see...
Hey guys, today let's take a look at this oncoming opportunity on USDCHF. The reason for entry would be an advanced pattern formation (Bat) but i'm always more confident when i see also structure lining up with those levels i'm looking to buy or sell something. Here you can see a black line that represents a key structure level that acted as support/resistance...
Hey guys, this is a Gartley advanced formation that's about to complete. I think it could be a good idea since price is fronting a structure level that has been respected in the past. I'm using a AB=CD pattern as entry technique in order to have a better risk to reward ratio. Stops below X, targets at .382 and .618 of AD leg. Good luck! Feel free to comment below...