Hi guys, I hope you had an amazing weekend. I am bearish on this pair, we have a nice bearish divergence on both H1 and M15 with a strong rejection, as shown in my chart. I am targeting next fib lower (40+pip trade) even though I think it could go much lower. Do not hesitate to Zoom out for more details. Any like/comment is highly appreciated ! Best, Jesse
Hi guys, We have a nice parallel channel + a bullish divergence. The pair rebounded nicely at the bottom of the channel and volume is accompanying the support. I am long with a target of 1.19650.
Hi guys, Based on the latest candlestick patterns + volume distribution on GBPCHF, I am buying this pair for a 20+ pip trade, which should be closed by the end of this day. Best, Jesse
Hi guys, I am shorting this pair, my target will be the neckline at around 1.59700. Best, Jesse
Hi guys, We've got two nice rejections of 61.8% fib level from the top of the structure + RSI divergence on H1. It's enough for me to consider a short trade on this pair. I am targeting next fib level @ 1.27700 as soon as the current parallel channel is broken to the downside. Best, Jesse
Hi guys, No trade for me today but it could a be a good idea to short USD/CHF based on a nice RSI divergence. TP would be 0.98800, first fib level. Trade with care. Best, Jesse
Hey guys, We have a currently a nice resistance at 50% fib retracement from the top (assuming it's the head of the pattern). Stop placed slightly above 61.8% fib level. We also have a nice bearish divergence in terms of RSI in M15 timeframe (see below). I am shorting, my target is 150.700. Best, Jesse
Hey guys, I hope you enjoyed your weekend! It looks like we are having a head and shoulders pattern on AUD/CAD on the H1 timeframe. I am looking for a small rebound and if I see any bearish evidence I will short, my target will be the neckline. I will detail the trade if I take it. Best Jesse
Hey guys, I have updated my short-term view on USD/CHF. Please check my chart and previous ideas regarding this pair. Any comment/like is highly appreciated. Cheers Jesse
Hi guys, The rejection of this H1 candle and at this level (1.24) tends to suggest that the right shoulder is about to end, favouring downside momentum for the pair and thus validating a nice ascending H&S pattern. Should the neckline break (which I think will), the pair will likely re-test 1.23 and potentially could go lower. My new target (and probably...
Hi guys, Here's a nice trade I will be taking. As you know, I am bearish on EUR/USD(please refer to my previous ideas). The idea is simply to sell the pullback which is a triple confluence zone: 61.8% Fib retracement as well as High volume and former support zone. Should the trade not be triggered, doesn't matter we will find another one ;) Any...
Hey guys, It looks like we have an inverted H&S pattern on this pair. RSI is moving higher forming a nice bullish divergence on H4. I will be looking to buy as soon as I have a bullish evidence around the area as shown in my chart, it may correct a little bit more. 1st target will be the neckline, then the fib level. Trade with care! Any like/comment...
Hey guys, We may have a possible right shoulder in place, given the aspect of the candles on H1 (EXHAUSTION CANDLES). The pattern should be watched closely. It could go all the way down in order to test the neckline, which is at around 1.22. I'm still bearish on EUR/USD (please check my previous ideas). Cheers Jesse
Hey guys, Looking to sell this pair if it breaks the trend line. Price is already below the pivot so I feel comfortable shorting if the trendline is attacked. Cheers Jesse
Hey guys, The pair is in a resistance zone, we have a bearish divergence on M15 and H1 and it is making lower highs. I am shorting it and expecting to reach the fib zone which is also a support with the main trend line of the structure. ==> My target is around 130.720. Trade with care! Cheers Jesse
Hey guys, Even though I am bullish on USD/CHF it looks like we could potentially have a H&S in progress. The idea is simple: Should price break 0.96 upwards, the H&S idea is invalid. On the other hand, should price breaks the trend line, there's a high chance it will go and touch the neckline again. If that occurs, I will sell the breakout with a TP @...
Hey guys, The pair broke a H&S pattern and is now pulling back a little bit. The projected target (head - neckline) is at around 1.81850 to complete the pattern. Trade with care! Cheers Jesse
Hey guys, The pair broke the rectangle from this nice rectangle pattern. I am shorting it, with TP indicated in my chart, around 1.33050. Any like/comment is highly appreciated. Trade with care. Cheers Jesse