SamuelToro

SamuelToro

Hello Traders! We have a ascending channel on the EURGBP that looks like to be in the C-leg of ABCD pattern. Price has found resistance from the Daily Ema and previous structure. if price will stay underneath the EMA, we are going to be looking for an entry in to the market. Watch the 4H & the Daily charts for development, there are a lot of noise on the lower...

SamuelToro

Hi traders! We have a break of ascending channel and multiple rejections from the channel and of the 50EMA & 200EMA. We just received a pin bar rejection from the 200EMA. If price will start to move lower, I will enter a short trade approximately 0.65410. Good trading, remember stop losses and targets!!

SamuelToro

We have a nice rejection from the 50EMA on the 2H chart and we can expect at least 40 pip drop to the previous support, maybe even lower! Happy and safe trading!!

SamuelToro

All is described in the charts! Happy Trading -S

SamuelToro

USDCAD has hit the 200EMA and rejected price in that level. From this level price might go any direction. From 4h chart, the price has found support and made double bottom, so short term bullish move might happen. Anyway, keep your eyes open. I hope someone finds this useful, please comment your ideas and let me know what you think. Open for critic and...

SamuelToro

Hello! :) We have a strong weekly resistance here that the price has come into and rejected with two bearish candles here. This is not a sign for a start of a bearish move yet, but just an indication that right now the price is not going higher. I will definitely keep an eye on this one since the rejection is quite strong, a possible bearish move can come out of...

SamuelToro

EURUSD has been forming a nice bullish flag here for sometime now :) A bullish flag might be a sign of a upcoming upwards move --->* Do your own research tho, create your own reality in trading* Good luck to everyone* LOVE&PEACE -S

SamuelToro

Hi Traders! Going to sell after the break of the trendline, and use those targets, will be a long term trade this one. Hopefully we can get a nice move from here, the engulfing candle might be a sign for a bearish move. Also we are have a daily double top & fibonacci confluence at that level (6.18%) Adding to the probabilities. Happy Trading! -ST

SamuelToro

it looks as if NZDUSD pair is running out of steam, we can see it from the rising wedge with diminishing momentum. This is a "bearish" reversal pattern but I would not short before the highs drawn with the red line. The pair might try to make one more run up and touch those highs. Safe Trading. Let the market do what it do ! -ST

SamuelToro

Hey everyone! This formation looks to be a reversal pattern, a rising wedge. This could signal a reversal, but also there are higher high targets to go for. Exercise caution and let the market do what it do. Trade with an open mind :) -ST

SamuelToro

Today is a RETRACEMENT DAY!! It seems like a lot pairs are retracing this time, well that´s good for us. Retracement´s are good places to get in on the market with a small Risk & Reward ratio: 50% to 618% are good places to get in to the market. Always count your risk first!! And what is more important: accept your risk fully. Anything might happen - Trade Safe...

SamuelToro

Hi again! We have a nice looking 618% retracement here on the pair. We have to keep an eye open for price action on this level, does it create us a signal that we can use. Right now a fresh pin bar is forming, too late to say tho yet, wait for close. Happy Trading! -ST

SamuelToro

Hey Traders! We have here what looks to me as an end of an impulse wave, that has broken the upper structure and could possibly turn into a bearish move from here. In order to get into the market, ones must watch price action close to the purple lines, especially first one since it corresponds with fibonacci numbers. //--Don´t fully take my word for it tho, do...

SamuelToro

Hi Again Traders! I found this gem, we have divergence here, a double bottom (possibly a reversal pattern), good risk to reward ratio here fibonacci extension confluence (1.618%). Very interesting pair, we have a lot of room for upside here, but please do exercise caution. It does not mean automatic profit even if it looks fantastic. Trade with caution, without...

SamuelToro

HI There Traders! In this pair we have many things, inside bar (D) usually get a good nice move from inside bars, double top (4h), pair hitting resistance and also divergence, momentum diminishing, but pair still going higher. I think target to 618% or to 50% is not unrealistic at all. Make your own analysis tho, and see what it gives you. Never blindly trust...

SamuelToro

Hey There Traders! I am anticipating a bullish move from this pair, but first I am thinking that there has to be a correction (double top in the 4h is visible). We have been down in consolidation for good amount of time now, and some sort of break from this can be expected. I am expecting the EURO to get stronger compared with DOLLAR. Lets see what happens,...

SamuelToro

HoHoHo There! We have a pretty cool double top appearing here at a resistance. Double top can be considered as a reliable reversal pattern. I am looking for a move down to the lower side of 0.69540 or even lower, possibly 0.68589 area. Very interesting wave structure we have here so it might deviate a lot from my scetches. ANYWAY---> Double top, can present a...

SamuelToro

Hi there traders!! We have an inverse Head & Shoulder pattern in this pair, it would nicely end the long bullish retracement, at least hitting the earlier highs (marked with purpelish beam)! From this pattern it is very possible to obtain a nice Risk & Reward ratio!! It is easier to get in on a retracement then take a huge risk for nothing. I wish a good trading...