SergeantPringles

SergeantPringles Updated 

AUDUSD has been nothing but trending down for the past years. now we might see a bit of a relief. violating the swings and forming a potential double bottom could be the start of it. but caution - so far, no signs for a reversal - be patient.

SergeantPringles Updated 

We are currently sitting in the PRZ of an ABCD pattern from the 4H timeframe (check updates). this is usally a good place to look for patterns on the lower timeframe since market might consoldidate in that area and the easiest way to trade inside consolidation is to look for patterns. I already traded 2 of them, but i thought this one i put out here.

SergeantPringles Updated 

This is a simple setup. i outlined a possible trade utilizing the angled trendline as a place to put stops below, since we dont have alot of horizontal structure to place stops below that would provide decent RRR. i however will look more for trades on the lowertimeframe that compliment this idea rather than trading the outlined idea.

SergeantPringles Updated 

NZDJPY is retesting a major recent support level, so i was looking for buy signals. this cypher is far from nice (C a bit overextened) but on a daily timeframe its still a valid cypher. regardless, i wanted confirmation befor goin long, yesterday we saw the first atempt of a breakout from the downward channel, followed by downward consolidation. you can trade the...

SergeantPringles Updated 

We recently broke out of a downward channel. only to come up retesting the most recent big structure level with a cypher pattern formation. since we broke the channel to the upside, i wanted to wait for some confirmation in that area before goin short. and it seems that (after consolidating over night on the 15m) now the breakout to the downside starts to happen....

SergeantPringles Updated 

Im currently still short in NZDCAD based on swingtrade setup i posted last week (check out idea below for overall view of the market) but as the market struggles to go down im looking at this daytrade long to potentially hedge myself against a loss. setup is pretty easy. we have a gartley that almost perfectly retests the trendline zone formed by the 4! most...

SergeantPringles Updated 

AUS200 is currently ranging (last year or so). now that we pressed into the upper area again, we formed a cypher pattern that gives us a potential sell opportunity riding this thing down again (if you like). how you wanna trade this is really up to you. you can go for an standard pattern sell with quick profits or you can use this as an entryreason to try to...

SergeantPringles Updated 

USOIL has been trending upwards recently. now we saw a smalle retracment that may or may not came to an end after the double bottom. i just bought the retest of the neckline and now im looking for more upside. my stops are below the double bottom. that gives me a 1:1 for the retest of last month highs i might also look for trendcontinuation above those highs with...

SergeantPringles

pretty selfexplainatory. pay attention to that area if we can get down there

SergeantPringles Updated 

Im already long in another XJPY pair so im not trading this since i dont wanna be in too many longterm trades anyway. but i will pay close attention to it so see some indication for a reversal on the lower timeframe (1h - 4h) to maybe trade this then. Keep in mind that the recent trend is still down. so it would be countertrend at least from this high point of...

SergeantPringles Updated 

I already posted a couple of ideas regarding this setup. i just wanted to specify a little bit since we are approaching or are inside a very key area for this pair. i will be carefully watching this coming into next week to hopefully take multiple trades on they way down if we can see desired reversal here. Rest is on the chart

SergeantPringles

Very much the same setup as my USDZAR setup (link below). just pick what u like more or trade both with half a position(what is what i will be doing) if opening is good. after the breakdown last year, this year ZARJPY has now been consolidating. we now retest the lower parts of this consolidation again entering the PRZ of the shark pattern that has formed. we saw...

SergeantPringles Updated 

USDZAR as been correcting this year and is potentially goin down to the upward weekly trendline. Im now looking for a basic structure trade inside the 4H trend that developed due to the correction. Pinbar and doji showing rejection inside the the expected area and risk reward is pretty nice.

SergeantPringles Updated 

Pretty straight foward setup i guess. keep in mind tho. that the green dashed channel might just be the A of an bigger ABC correction, so be carefull with trendcontinuation targets below last moths lows. i personally only look for a 1:1 here. i guess you can also wait for a pattern here to compliment the entry. there are a couple of possibilities.

SergeantPringles Updated 

NZDCAD has been slowly trending downwards this year. now once more we have a chance to hop on board. im looking for a sell at the 618 retracement of the most recent downmove - hope we can get up there. stops at least above the small swing. you can also go short now but i stay patient for better risk reward - or better targets.

SergeantPringles Updated 

USDTRY is trending down(at least on this timeframe), i think thats not too hard to see. i already traded a few of those swings. im looking now for another sell at the retest of the trendline. im already short, but i think you can still go in here. or wait a little more for some reversal signals. im goin for a 618 retracment as TG1 for 1:1 and then some sort of...

SergeantPringles

EURCAD broke down below the important trendline(solid blue). i already sold the first retest (0 point of shark) - idea blow - and made some good profits. now im looking to sell again if we can complete the shark retesting the area once more.

SergeantPringles Updated 

EURAUD has formed a shark pattern that retests a very important zone for this pair in recent history. Since we didnt come up quite as much into the zone as i wouldve liked im not yet in this trade. however, if we can confirm the doubletop like structure on the lower timeframe by making new lows below it, i will hop on. with that confirmation you have the option to...